'P2 Analytics Powered By TIBCO Spotfire' Improves Data Control, Vision, And Access For Upstream Oil And Gas Industry
Denver, CO - A unique combination of powerful analytics and an engaging visual experience that is both powerful and intuitive highlights the introduction of P2 Energy Solutions' new "P2 Analytics Powered by TIBCO Spotfire." The new offering integrates Excalibur, P2's industry-leading financial, operational accounting, and land management software, with the TIBCO Spotfire Analytics Platform, the industry's most flexible platform for deploying statistically enhanced and predictive analytic applications to a wide range of professionals across the enterprise.
The P2 Energy Solutions-TIBCO Spotfire partnership enables users to interactively query, visualize, aggregate, filter, and drill into datasets of virtually any size for improved real-time decision-making. The initial phase of the partnership brings together the data needed for lease operations analytics, along with dashboards and visualizations, targeted at business users, including engineers, managers, field supervisors, operators, and other key employees who have responsibility for managing lease operating expenses across organizations.
"Many companies use procedures that involve multiple reporting solutions, sources of data, and manual processes," said Excalibur Product Manager Tim Wadle. " The ‘P2 Analytics Powered by TIBCO Spotfire' solution provides a single source of data that spans departments within oil and gas organizations, and offers intuitive visualizations that enable users to instantly answer key performance questions essential to success."
"TIBCO is committed to working with new and existing partners to develop, deliver, and support the industry applications that make our mutual clients more successful," said Bill Doyle, vice president Channel Sales & Business Development, Spotfire, TIBCO Software Inc. "We recognize that our continued growth and ability to offer comprehensive solutions is strengthened by the breadth and depth of our partnerships, such as this partnership with P2 Energy Solutions. To support the ever-changing business requirements of our customers, we will continue to establish new partnerships that add value to our solutions."
For oil and gas companies seeking efficiency "P2 Analytics Powered by TIBCO Spotfire" delivers a dashboard of unique visualizations displaying key performance indicators (KPI) used throughout the oil and gas industry. P2 intends to expand the new offering to cover authorizations for expenditure (AFE), capital expenditures, land, drilling reserves, and other data from P2's broad portfolio of flexible solutions for today's evolving oil and gas business.
SOURCE: P2 Energy Solutions