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Year of Investment: 2008
Portfolio Status: Former
Headquarters: Denver, CO
p2energysolutions.com

Business operations software and geospatial data solutions for the upstream oil and gas industry.

P2 Energy Solutions, Inc. is the leading provider of business operations software and geospatial data solutions for the upstream 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 and 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 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.

Advent International acquired P2 in November 2013.