P2 Energy Solutions, Inc. (“P2”) is the leading independent software, data, auction, and marketplace solution provider focused exclusively on the oil and gas industry. The company offers comprehensive, integrated solutions, and services specifically designed to help its clients more efficiently acquire, develop, manage, divest, and account for oil and gas properties.
P2’s software products are the oil and gas industry’s most comprehensive source of solutions specifically designed to meet the financial, operational, and data management needs of energy companies from private independents to supermajors. Its flagship software products include Enterprise Land, Enterprise Upstream, Excalibur, and Qbyte. These software products are used by over 340 exploration and production (“E&P”) companies, including 70 percent of the top 25 public E&P companies and 80 percent of the top 50 Canadian oil & gas companies.
P2 also offers Tobin Map Data, a suite of spatial data, software, and services, to professionals responsible for managing land-based assets in a variety of industries, including oil and gas, utilities, pipelines, and government. Tobin Map Data products are used by over 2,000 customers, including over 70 percent of the top 50 public E&P companies.
The Oil & Gas Asset Clearinghouse (“Clearinghouse”) is the premier provider of oil and gas property marketing and advisory services in North America for the upstream and midstream oil and gas industry. The Clearinghouse has a network of over 19,000 qualified buyers and sellers and has brokered over 25,000 property transactions valued at over $7 billion since its inception in 1992.
The company is headquartered in Denver, CO, with offices in Houston, San Antonio, Fort Worth, Calgary, and Dubai.
Vista Equity Partners Fund III completed a buyout of P2 in June of 2008.
Follow-On Acquisition
Beyond Compliance
Beyond Compliance Inc. is a leading provider of SaaS-delivered automated compliance management solutions. Beyond Compliance’s flagship product, Integrated Compliance Management System, provides field workers with necessary tools to improve inefficient paper-based data gathering methods including field inspections, worker competency and safety management, incident tracking, and vendor management.
P2 acquired Beyond Compliance in December 2011.
WellPoint Systems
WellPoint Systems is a provider of enterprise asset management and financial management solutions for the Oil & Gas and Mining industries. WellPoint is the owner of several leading energy product families including BOLO™ Financial Management Software and IDEAS™ International Oil & Gas Venture Management System, Energy Financial Management and several mid-stream solutions.
P2 acquired WellPoint Systems in May 2011.
EXPLORER Software Solutions
Explorer is a leading provider of oil and gas land management software tools in Canada. Explorer’s flagship product, CS*EXPLORER, is a fully integrated and process critical, land management application that supports clients in the Canadian marketplace.
P2 acquired Explorer in April 2011.
Wellcore
Wellcore is a leading provider of a well life cycle management platform that allows exploration and production companies to efficiently manage and optimize well operations. Wellcore provides a bridge between operations and back office financial and land systems by enabling E&P operators to manage and accelerate cross-departmental workflows to more rapidly exploit high intensity resource plays and by capturing all pre-drill activities, drilling and completion information to track all relevant decisions over the life of a well.
P2 acquired Wellcore in September 2008.
Company Site
