Customer Support Portal Solutions Products Services Support Company Blog Contact Careers Blog Like Well-Conditioned Boots, Configurability Provides a Perfect Fit 10/27/2021 Everyone needs a pair of well-fitted steel-toed boots to work in the oilfield. The thing is, when you first buy a new pair, it can take weeks to break them in. However, once they are, they become so comfortable that, eventually, you may choose to have them resoled... #Oil and Gas Production #P2 Merrick P2 Reporting Streamlines Division Orders and Well Cost Analytics 06/17/2021 Anyone familiar with the old Freddy Fender song “Wasted Days and Wasted Nights” might wonder if the songwriter ever spent time administering the division order process. The essential process of preparing, mailing, and tracking division orders has long been a challenge due to their time-consuming, manual, and often... #Oil and Gas Accounting #P2 Reporting Staying in the Game: 7 Tips for Independent Landmen 06/02/2021 This article was first written by Richard Hines, former Vice President and Owner of iLandMan. It has been revised and updated by P2 iLandMan’s Jay Williams, a professional landman with over a decade of experience in land and lease management. A special thanks to Richard and Jay for... #Oil and Gas Land A Solid Allocation Engine Provides Foundation of Accuracy for Building Your Oil & Gas Business 04/15/2021 It is no secret to anyone who follows oil and gas performance that the numbers regarding a company’s production and remaining reserves are essential to the company’s valuation – its foundation for future performance, growth, and shareholder value. These numbers are not treated lightly – they are the... #Oil and Gas Production We Get by With a Little Help From Our Friends: Tips & Tricks to Get Back to Work in Oil & Gas 03/29/2021 Recently, we hosted a special presentation where guest speaker, Dr. Amanda Rico, of Rico Editorial Services, joined P2’s Billy Lowry and Tracey Mizell, VP, Land Solutions and Sr. Manager, iLandMan Operations, respectively, in providing guidance and insight on how land professionals can get back to work in 2021... #Oil and Gas Land Communication Challenges Related to Shift Logs and Shift Handovers Vary Among Operators, Supervisors 02/24/2021 The ability to communicate at a high level is one of the key traits that distinguishes humankind from the rest of the animal kingdom, but it is also one of our biggest challenges. Famed Irish playwright George Bernard Shaw once wrote, “The single biggest problem in communication is... #P2 Shift Log Tougher Venting and Flaring Regulations in TX and NM Will Challenge Operator Reporting, but P2 is Ready to Help 02/22/2021 A wave of new, more stringent regulations for the venting and flaring of gas will soon be in force in Texas and New Mexico as the two states follow others like Alaska, Colorado, and Wyoming in toughening their regulatory oversight and reporting requirements for these types of events... #Oil and Gas Production As Uncertainty Eases, E&P Leaders Count on P2 to Deliver Market Leadership, Proven Performance, and Reliability 01/18/2021 It is no secret the COVID-19 pandemic brought market uncertainty to the global upstream oil and gas industry. The significant decline in demand and continued pricing volatility for oil and gas has created operational and financial challenges for upstream companies both big and small. In these trying times,... #The P2 Way Upstream Oil & Gas Accountants: Important 1099 Changes for the 2020 Tax Year 12/17/2020 At P2, we provide industry-leading accounting solutions tailor-made for upstream oil and gas professionals who want applications that provide accuracy, efficiency, and cost savings. Our software delivers on these promises, plus exists as a mature and robust solution that meets the requirements of all types of operations and... #Oil and Gas Accounting Data Synergy and the Importance of Understanding an Oil & Gas Specific Maturity Model 12/14/2020 If you are trying to maintain your leases at the same time as curtailing production, you need certain information available across domains. We explored this first in our blog: Maintain Leases, Manage Shut Ins, and Maximize Efficiencies in a Downturn . 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