List of IFS Enterprise Upstream (formerly P2 Enterprise Upstream) Customers
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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, Coterra Energy, a United States based Oil, Gas and Chemicals organisation with 981 employees and revenues of $9.05 billion, Callon Petroleum, a United States based Oil, Gas and Chemicals organisation with 354 employees and revenues of $3.23 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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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 |
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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 |
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Oil, Gas and Chemicals | 547 | $2.1B | 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 | $3.2B | 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 | $9.1B | 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)
- Lease Analytics, a United States based Professional Services organization with 10 Employees
Discover Software Buyers actively Evaluating Enterprise Applications
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