P2ES volume management for BP unit

BP’s Gulf of Mexico Deepwater Unit is to use Enterprise Upstream for production allocation.

BP’s Gulf of Mexico Deepwater Production Unit has selected P2 Energy Solutions’ Enterprise Upstream Volumes Management (EUVM) suite for deployment in the Gulf of Mexico. Implementation will be jointly managed by P2 Energy Solutions and Science Applications International Corporation (SAIC) and is to include ‘comprehensive functional and technical consulting services’.


BP chose Enterprise Upstream for its ability to handle complex deepwater production handling agreements with commingled production. Enterprise Upstream also offered BP a good fit with other engineering systems in use. The software handles the complex simulations used to allocate production and gas energy according to BP’s partner contracts.


BP will upload lease level volumes into SAP accounting which is performed by IBM through an outsourcing agreement. BP is migrating to EUVM to achieve one-time data entry and Sarbanes-Oxley compliance. EUVM also offers joint venture partners and regulatory bodies an audit trail. BP’s GoM production tops 300k boe/d and is expected double by 2007.

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