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Petroleum
Place is a leading provider of property Acquisition and
Divestiture (A&D) services, business operations software and
geospatial data solutions for the upstream oil and gas industry.
The company offers comprehensive, integrated solutions
specifically designed to help our clients more efficiently
acquire, develop, manage, divest and account for oil and gas
properties. We have more than 500 employees in six major office
locations, including Houston, Denver, San Antonio, Ft. Worth,
Calgary and Dubai. Our clients are national oil companies,
integrated energy companies, independent exploration and
production companies, royalty trusts, oilfield service companies
and government entities.
Our
major business divisions include:
Property Marketplace (A&D) Services - The Oil & Gas Asset
Clearinghouse subsidiary, commonly known as “The Clearinghouse”,
is the only oil and gas asset marketing firm in North America
offering both auction and negotiated transaction services. We
offer a unique hybrid marketing approach which combines an open-outcry
auction with a proprietary Internet bidding platform to create
the industry’s largest marketplace for oil and gas properties.
In addition, The Clearinghouse provides advisory and marketing
services for assets grouped into packages and offered for sale
as negotiated transactions. Our transaction services include in-depth
technical and commercial evaluations conducted by The
Clearinghouse’s engineers and geoscientists in an effort to
identify, quantify and present undeveloped reserve potential in
a credible fashion. Buyers and sellers use our comprehensive
suite of data management and technical services to more
efficiently prepare properties for sale, conduct due diligence
and complete transactions.
Business Operations Software & Services - The P2 Energy
Solutions subsidiary develops and markets software which is used
to manage the complex processes associated with operating and
accounting for oil and gas properties. Our product offerings
include Enterprise Upstream, Excalibur, Qbyte, Tobin – TLS &
GIS, and Entelligent application suites. Our professional
services team offerings include application implementation and
integration services, data conversion, application and data
hosting services. Finally, our PFI division provides business
process outsourcing (BPO) of most upstream accounting and
administrative functions.
Geospatial Data & Services - The Tobin Data division of
our P2 Energy Solutions subsidiary offers mission critical data
with GIS software and imagery to create a comprehensive spatial
data management solution for our customers. In the United States
we offer seven separate data products containing over 70 data
layers including well location coordinates, land survey grids,
culture grids, lease ownership, aerial photography and satellite
imagery.
PRINCIPAL
SUBSIDIARIES
Our world–class portfolio of
products and services are delivered through out 2 principal
corporate subsidiaries, and 3 major brands : |
