(EMAILWIRE.COM, March 16, 2010 ) DENVER -- Expanded analytics that feature nine new types of reports, along with more than 30 new types of calculations, are part of the improved functionality of Qbyte PRISM version 9.6, from P2 Energy Solutions. For 20 years P2 has delivered a specialized array of software and services customized to meet the unique requirements of the $80.7 billion* Canadian oil and gas industry.

Qbyte PRISM is the leading financial software in the Canadian oil and gas industry. In the 9.6 version five areas of the Qbyte PRISM Facility Charges module have been improved to provide users with an intuitive step-by-step process for setting up and tracking charges. These improvements deliver more robust analytical tools and more accurate representation of facility flows.

“We continue to enhance Qbyte PRISM to meet the specific needs of the Canadian oil and gas industry,” said Peter Huggard, Senior VP, Canadian Software Operations. “By improving the Facility Charge module of Qbyte PRISM our clients gain increased calculation functionality, electronic loading capabilities, and audit reporting.”

With over 60 clients and more than 1000 users Qbyte PRISM delivers access to P2 Energy Solution’s base of experienced production accountants who are familiar with the PRISM application and the Canadian oil and gas industry. Other features of Qbyte PRISM include:

• Graphic views of monthly status by property group
• Control Groups determine the correct order to run facilities
• Process Optimization (ability to run only processes required)
• User-defined formulas for most any royalty calculation
• Indian Royalties, eliminates spreadsheet calculations and forms
• Copy features - shorter set-up time and less keying errors.

For additional information, visit: www.p2energysolutions.com.

* Government of Canada, Industry Canada, www.ic.gc.ca/eic/site/ogt-ipg.nsf/eng/home

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About P2 Energy Solutions

P2 Energy Solutions is the only technology company that provides a comprehensive range of software, geospatial data, land management tools, and outsourcing, to the energy industry. More than 250 top energy companies use P2 products and services daily to improve decision-making, gain clarity into complex workflow scenarios, and optimize upstream efficiency. P2 serves the entire energy sector -- including hydrocarbon-sourced, as well as alternative-sourced energy, including solar, wind, hydro-, and geothermal. With more than 80 years of experience in data and 30 years in software, P2 operates from headquarters in Denver, CO, and has offices in six locations including Houston, TX, and Calgary, Alberta. P2 employs 600 people. For additional information, visit: www.p2energysolutions.com.

Contact Information:
P2 Energy Solutions
Diana Lovshe
Tel: 713-481-2041
Email us


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