Helix Energy Solutions Group Inc. Licenses P2 Energy Solutions' Enterprise Upstream and Enterprise Land Software Solutions
HOUSTON, July 30 /PRNewswire/ -- P2 Energy Solutions, a leading provider of business software to the oil and gas industry, announces that Houston based Helix Energy Solutions Group Inc. has licensed its Enterprise Upstream and Enterprise Land software solutions. P2 Energy Solutions is a single source for software, implementation, support and education. Product development is globally focused to meet the needs of customers worldwide and leverages the latest in Oracle technology. The Enterprise Land solution, using the Microsoft .NET platform, is the first service oriented architecture enabled land management solution. It is an industry standard lease, property and agreement management system with full integration into GIS, content management and accounting for oil and gas. The Enterprise Upstream suite of applications takes advantage of the Oracle 10G database and exploits the benefits of Internet computing. Common to many global publicly traded companies, whose growth was fueled in part by acquisitions, Helix was seeking a solution to standardize processes and replace disparate systems. After a competitive bid process, Helix selected P2 Energy Solutions' Enterprise Upstream suite of applications to replace their legacy systems. "We were impressed by both the robust functionality of the Enterprise Upstream software and the domain knowledge of their staff," said Troy Matherne, vice president and chief information officer, Helix Energy Solutions Group Inc. "By centralizing and standardizing on a single ERP platform, Helix ensures efficient and timely processes to meet regulatory compliance, to streamline workflow and to improve access to decision quality data that crosses geographic and business unit boundaries. Simultaneously, the modular nature of the Enterprise Upstream software permits a degree of flexibility within the implementation process. This provides room to accommodate the varying cultures between business units which allows Helix to preserve its competitive advantage in each of its businesses." Tarig Anani, president, P2 Energy Solutions, commented, "everyone understands the benefits that a migration to a centralized platform can bring in terms of corporate controls, transparency, workflow optimization and maximizing the use of data. What sets P2 Energy Solutions apart is its sole focus on understanding and meeting the specific commercial and operational needs of the energy industry. We recognize that one size does not fit all. We have the product range, knowledgeable staff and resources to interpret, guide and partner with companies as they embark upon large-scale business transformation projects. P2 Energy Solutions' Enterprise Upstream team looks forward to working with Helix Energy Solutions and assisting them with their continued success." About Helix Energy Solutions Group Inc. Helix Energy Solutions, headquartered in Houston, Texas, is an international offshore energy company that provides development solutions and other key life of field services to the open energy market as well as to our own reservoirs. Our oil and gas business is a prospect generation, exploration, development and production company. Employing our own key services and methodologies, we seek to lower finding and development costs, relative to industry norms. About P2 Energy Solutions Inc. P2 Energy Solutions focuses on the development and support of data, software and enterprise services to meet the information and business process needs of the energy industry. P2 Energy Solutions is the oil and gas industry's most comprehensive source of asset management solutions including Entelligent, Enterprise Upstream, Excalibur, Qbyte, Enterprise Land, Tobin GIS Studio and Tobin SuperBase(R). With solutions deployed at more than 500 companies worldwide, P2 Energy Solutions enables clients to achieve greater productivity while maintaining effective controls. The company has a 75-year history of serving the oil and gas industry and understands its workflow processes. P2 Energy Solutions has the breadth and depth of expertise to meet the expanding financial, operational and data management needs of energy companies from private independents to supermajors. More information can be found at http://www.p2es.com. Contact: Eric Flynn Marketing Director (713) 481-2000 email@example.com
SOURCE P2 Energy Solutions Inc.
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