List of IFS Enterprise Upstream (formerly P2 Enterprise Upstream) Customers
IFS
Teknikringen 5, Box 1545,
Linkoping, 583 30,
Sweden
Linkoping, 583 30,
Sweden
46 13460 3600
Professional Services
7000
$1.7B
Since 2010, our global team of researchers has been studying IFS Enterprise Upstream (formerly P2 Enterprise Upstream) customers around the world, aggregating massive amounts of data points that form the basis of our forecast assumptions and perhaps the rise and fall of certain vendors and their products on a quarterly basis.
Each quarter our research team identifies companies that have purchased IFS Enterprise Upstream (formerly P2 Enterprise Upstream) for Oil Gas and Chemicals ERP from public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources, including the customer size, industry, location, implementation status, partner involvement, LOB Key Stakeholders and related IT decision-makers contact details.
Companies using IFS Enterprise Upstream (formerly P2 Enterprise Upstream) for Oil Gas and Chemicals ERP include: BP, a United Kingdom based Oil, Gas and Chemicals organisation with 100500 employees and revenues of $189.19 billion, Kuwait Oil Company, a Kuwait based Oil, Gas and Chemicals organisation with 11713 employees and revenues of $16.65 billion, Primark, a Ireland based Retail organisation with 72000 employees and revenues of $10.01 billion, Lloyds Pharmacy, a United Kingdom based Life Sciences organisation with 17000 employees and revenues of $2.16 billion, Berry Petroleum Company, a United States based Oil, Gas and Chemicals organisation with 1372 employees and revenues of $1.06 billion and many others.
Contact us if you need a completed and verified list of companies using IFS Enterprise Upstream (formerly P2 Enterprise Upstream), including the breakdown by industry (21 Verticals), Geography (Region, Country, State, City), Company Size (Revenue, Employees, Asset) and related IT Decision Makers, Key Stakeholders, business and technology executives responsible for the ERP Financial Management software purchases.
The IFS Enterprise Upstream (formerly P2 Enterprise Upstream) customer wins are being incorporated in our Enterprise Applications Buyer Insight and Technographics Customer Database which has over 100 data fields that detail company usage of ERP Financial Management software systems and their digital transformation initiatives. Apps Run The World wants to become your No. 1 technographic data source!
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| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Application | Category | When | SI | Insight |
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AERA Energy | Utilities | 1100 | $350M | United States | IFS | IFS Enterprise Upstream (formerly P2 Enterprise Upstream) | Oil Gas and Chemicals ERP | 2014 | n/a |
In 2014, AERA Energy deployed IFS Enterprise Upstream (formerly P2 Enterprise Upstream) as its Oil Gas and Chemicals ERP. The implementation centralized upstream accounting, revenue and land workflows for AERA Energy, establishing the Bakersfield, CA headquarters as the primary processing node for monthly revenue and royalty payments reported to VPs and the CFO.
The IFS Enterprise Upstream deployment focused on upstream accounting and revenue accounting capabilities, land management and volumes processing, and enhanced reserves reporting functionality. AERA Energy configured reporting and batch processes within IFS Enterprise Upstream to produce the monthly revenue and royalty cycles and quarterly executive reporting, and engaged P2 Energy Solutions to extend reserves reporting capabilities during the project.
Operational workstreams included centralizing volumes, revenue and land systems previously distributed across Shell Houston and Malaysia into AERA headquarters, and mentoring a cross functional local team to enable faster maintenance and upgrades. Project governance directly and indirectly managed 15 employees and 20 contractors, with a $1,200,000 budget to deliver the critical revenue and royalty processing system on schedule despite language and time zone barriers.
Governance and process changes emphasized centralized ownership of revenue and royalty workflows and local skill transfer to reduce external dependencies. The reserves reporting implementation reduced weekly system maintenance and report creation from 40 hours to 8 hours as a direct outcome of the new reporting configuration and vendor engagement. IFS Enterprise Upstream is positioned to support upstream business functions including revenue distribution, land administration and reserves reporting across AERA Energy operations.
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Australis Oil & Gas | Oil, Gas and Chemicals | 100 | $34M | Australia | IFS | IFS Enterprise Upstream (formerly P2 Enterprise Upstream) | Oil Gas and Chemicals ERP | 2019 | n/a |
In 2019 Australis Oil & Gas implemented IFS Enterprise Upstream (formerly P2 Enterprise Upstream) as its Oil Gas and Chemicals ERP to support upstream operations and core financial processes. The program was executed alongside a targeted Oracle Financials R12 implementation focused on financial modules, creating a dual application footprint for operational and financial recordkeeping.
The financial implementation covered General Ledger, Accounts Payable, and Accounts Receivable, with R12 Sub Ledger Accounting configured, chart of account design completed, and localizations applied. R12 functionality was used to define and design the organizational structure that supported operations in Australia, Portugal and the United Kingdom, aligning accounting ledgers and subledger flows to the upstream chart of accounts.
Integration work connected Oracle EBS financials to IFS Enterprise Upstream, P2 Land, and P2 Reporting, enabling transactional handoffs between upstream production and land management systems and centralized financial posting. The integration scope included invoice and payment flows into Accounts Payable, revenue and receivable handoffs into Accounts Receivable, and ledger posting orchestration into the General Ledger, supporting finance, land, and upstream business functions.
Project governance included business requirement and application design workshops, Conference Room Pilot and user acceptance testing cycles, and end user training and documentation. The delivery team managed conversions, customizations, testing, training, and post go live support activities, and addressed operational questions from users during rollout.
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Berry Petroleum Company | Oil, Gas and Chemicals | 1372 | $1.1B | United States | IFS | IFS Enterprise Upstream (formerly P2 Enterprise Upstream) | Oil Gas and Chemicals ERP | 2017 | n/a |
In 2017, Berry Petroleum Company implemented IFS Enterprise Upstream (formerly P2 Enterprise Upstream) as an Oil Gas and Chemicals ERP deployment to support finance and upstream operations during the company separation and emergence from bankruptcy. The program was led from the finance organization while the acting VP Finance and Administration served as interim CFO, aligning system workstreams with corporate separation priorities.
The implementation encompassed core upstream financial workflows and accounting integration, with the project team configuring IFS Enterprise Upstream alongside Oracle E Business Suite for general ledger and accounts reconciliation. Oracle Hyperion ESSbase was implemented to provide drillable financial reporting for operations, and a cloud based accounts payable invoice processing system was deployed to streamline invoice coding and approval workflows.
Integrations explicitly included Oracle E Business Suite accounting, Oracle Hyperion ESSbase reporting, and the cloud based A P invoice processing platform, establishing a connected data flow between upstream production accounting, reserves linked financial entries, and corporate accounting. Operational scope covered finance, accounting and administrative functions, and the rollout supported treasury activities including daily cash management and preparation for a $550 million reserve based loan that was arranged during the separation process.
Governance and process work included hiring and training a new accounting team, managing external consultants and auditors to complete fresh start accounting, and transferring responsibilities from the interim CFO to the incoming CFO. The implementation delivered drillable financial reporting to operations via Oracle Hyperion ESSbase and streamlined A P workflows through the cloud invoice system, while concurrent corporate actions included arranging insurance programs and completing a 1031 exchange to defer reported taxable gains.
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BHP USA | Oil, Gas and Chemicals | 2000 | $1.0B | United States | IFS | IFS Enterprise Upstream (formerly P2 Enterprise Upstream) | Oil Gas and Chemicals ERP | 2014 | n/a |
In 2014, BHP USA implemented IFS Enterprise Upstream, formerly P2 Enterprise Upstream, as part of its Oil Gas and Chemicals ERP initiatives. The rollout prioritized production reporting and upstream financial reconciliation for PRA centered processes, with a focus on reporting, master data and volume interface stability for upstream operations.
Workstreams included custom BI BEx report design enhancements to deliver comparative and analytical financial reporting such as Accrual versus Actuals, Actuals versus Actuals and PRA versus FI reconciliations. The engagement defined detailed requirements for well master data redesign and volume interface redesign to ensure consistent volumetric and master data feeds into the PRA reporting layer.
Integration and operational coverage were driven by requirements handed to P2 Energy Upstream EU and MII technical teams to develop interface solutions between upstream production data and PRA. The program included review of SAP Support pack OSS Notes as part of the PRA Roadmap assessment, and operational stakeholders spanned PRA, FI, MDM and the EU and MII technical teams for interface delivery and validation.
Governance and process work included participation on the MDM well cleansing committee, leadership of PRA roadmap preparation activities for a PRA 2.0 phase, and development of user training and BAU support materials. Deliverables explicitly reported were BI reporting specifications, interface requirement packages provided to EU and MII teams, well master data cleansing actions and rollout of interface processes and BI reporting on IFS Enterprise Upstream.
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BP | Oil, Gas and Chemicals | 100500 | $189.2B | United Kingdom | IFS | IFS Enterprise Upstream (formerly P2 Enterprise Upstream) | Oil Gas and Chemicals ERP | 2006 | n/a |
In 2006, BP implemented IFS Enterprise Upstream (formerly P2 Enterprise Upstream) as an Oil Gas and Chemicals ERP to standardize production allocation and upstream production management for its Gulf of Mexico operations. The deployment targeted deep water assets where allocation complexity and changing operating conditions required a purpose-built allocation, production accounting, and data validation platform.
BP implemented the Enterprise Upstream APM module to govern complex allocation rules, including subsea commingled wells and tiebacks, circulated volumes, disparate fluid streams, and continuously changing well conditions. Configuration work focused on allocation calculation engines, production data capture and reconciliation workflows, and automated posting of allocation results to support timely production reporting.
Operational coverage centered on offshore production engineering, production accounting, and reporting teams supporting deep water Gulf of Mexico operations. The IFS Enterprise Upstream solution was used to consolidate allocation results for both internal and external reporting and to streamline month end production close activities.
Governance and process changes emphasized earlier exception detection and validation in allocation workflows and a shortened monthly close process driven by APM-enabled reconciliation and exception handling steps. BP reported improved internal and external reporting and an earlier ability to catch exceptions, with Information Delivery Manager Steve Fortune stating the solution met deep water allocation requirements and delivered an early return on investment, and P2 Energy Solutions leadership noting improved accuracy and timeliness of production data and allocation results.
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Oil, Gas and Chemicals | 547 | $112M | United States | IFS | IFS Enterprise Upstream (formerly P2 Enterprise Upstream) | Oil Gas and Chemicals ERP | 2017 | n/a |
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Oil, Gas and Chemicals | 354 | $250M | United States | IFS | IFS Enterprise Upstream (formerly P2 Enterprise Upstream) | Oil Gas and Chemicals ERP | 2011 | n/a |
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Oil, Gas and Chemicals | 981 | $231M | United States | IFS | IFS Enterprise Upstream (formerly P2 Enterprise Upstream) | Oil Gas and Chemicals ERP | 2017 | n/a |
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Oil, Gas and Chemicals | 1200 | $500M | United States | IFS | IFS Enterprise Upstream (formerly P2 Enterprise Upstream) | Oil Gas and Chemicals ERP | 2016 | n/a |
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Oil, Gas and Chemicals | 11713 | $16.6B | Kuwait | IFS | IFS Enterprise Upstream (formerly P2 Enterprise Upstream) | Oil Gas and Chemicals ERP | 2005 | n/a |
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Buyer Intent: Companies Evaluating IFS Enterprise Upstream (formerly P2 Enterprise Upstream)
ARTW Buyer Intent uncovers actionable customer signals, identifying software buyers actively evaluating IFS Enterprise Upstream (formerly P2 Enterprise Upstream). Gain ongoing access to real-time prospects and uncover hidden opportunities. Companies Actively Evaluating IFS Enterprise Upstream (formerly P2 Enterprise Upstream) for Oil Gas and Chemicals ERP include:
- Lease Analytics, a United States based Professional Services organization with 10 Employees
Discover Software Buyers actively Evaluating Enterprise Applications
| Logo | Company | Industry | Employees | Revenue | Country | Evaluated |
|---|---|---|---|---|---|---|
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Lease Analytics | Professional Services | 10 | $1M | United States | 2025-06-04 |
FAQ - APPS RUN THE WORLD IFS Enterprise Upstream (formerly P2 Enterprise Upstream) Coverage
IFS Enterprise Upstream (formerly P2 Enterprise Upstream) is a Oil Gas and Chemicals ERP solution from IFS.
Companies worldwide use IFS Enterprise Upstream (formerly P2 Enterprise Upstream), from small firms to large enterprises across 21+ industries.
Organizations such as BP, Kuwait Oil Company, Primark, Lloyds Pharmacy and Berry Petroleum Company are recorded users of
IFS Enterprise Upstream (formerly P2 Enterprise Upstream) for Oil Gas and Chemicals ERP.
Companies using IFS Enterprise Upstream (formerly P2 Enterprise Upstream) are most concentrated in Oil, Gas and Chemicals, Retail and Life Sciences, with adoption spanning over 21 industries.
Companies using IFS Enterprise Upstream (formerly P2 Enterprise Upstream) are most concentrated in United Kingdom, Kuwait and Ireland, with adoption tracked across 195 countries worldwide. This global distribution highlights the popularity of IFS Enterprise Upstream (formerly P2 Enterprise Upstream) across Americas, EMEA, and APAC.
Companies using IFS Enterprise Upstream (formerly P2 Enterprise Upstream) range from small businesses with 0-100 employees - 8.33%, to mid-sized firms with 101-1,000 employees - 25%, large organizations with 1,001-10,000 employees - 33.33%, and global enterprises with 10,000+ employees - 33.33%.
Customers of IFS Enterprise Upstream (formerly P2 Enterprise Upstream) include firms across all revenue levels — from $0-100M, to $101M-$1B, $1B-$10B, and $10B+ global corporations.
Contact APPS RUN THE WORLD to access the full verified IFS Enterprise Upstream (formerly P2 Enterprise Upstream) customer database with detailed Firmographics such as industry, geography, revenue, and employee breakdowns as well as key decision makers in charge of Oil Gas and Chemicals ERP.