On April 8, Denver-based P2 Energy Solutions released its intelligent mapping land management system for upstream oil and natural gas companies, the company said. The P2 Land 4.0 provides real-time visualization of land, as well as real-time data, the company said.
The P2 Land 4.0 shows leasehold positions, analyzes available exploration areas and lets companies set up and manage leases, contracts and division orders, P2 Energy Solutions said.
Additionally, it connects to companies’ accounting systems and provides accounting data to multiple departments simultaneously, the company added.
The P2 Land 4.0 was formerly known as Tobin Enterprise Land, the company noted.
"P2 Land's map is unlike any other in the industry because it's dynamic, it incorporates real-time data and it allows us to quickly drill down and perform detailed analysis on critical business information," said David Waldrop, director of corporate land at Cabot Oil & Gas Corp.
"Our team decided to migrate from Tobin Land Suite for all of those reasons," he added.
Denver-based P2 Energy Solutions provides software and data solutions to the energy industry.