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Financial and Transaction Management Software for the Energy Industry

Waterfield Energy is a Tulsa-based software company that provides natural gas, crude, refined products, and NGLs software for the midstream, upstream and transportation sectors. Our team of senior business experts, working closely with our software engineers, has created a fully integrated software system for the energy industry. Our customers continue to be impressed with our innovative approach to an undeniably complicated set of business functions. We offer full functionality for midstream accounting, upstream accounting, and transportation, storage and terminalling transaction management and accounting, as well as multi-commodity marketing and crude oil lease first purchaser management.  But more than software, we think you’ll find we are a great partner.  We offer outstanding customer service, known costs, and a great long-term relationship.  Our client partners will be happy to tell you what working with us is like.

Proven solutions

In the News

  • July 16, 2015 - Waterfield Energy Lands Another Client Partner - Waterfield Energy announces the addition of another client. This upstream client purchased a midstream asset from a large midstream company, and needed software to support the new business. The newly acquired asset will be converted from the older, existing system the seller uses, to Waterfield’s much newer platform with better data visibility, ease of use, and flexibility. The client came to Waterfield Energy after hearing great things about the company, and software from others in the industry.... More →
  • July 1, 2015 - Waterfield Energy Announces New Vice President - Waterfield Energy is pleased to announce the promotion of Michael Tetzlaff to Vice President of Finance & Software Operations. Michael will be responsible for managing the Finance, Accounting, Software Development, DevOps, Client Support, and Quality Assurance teams at Waterfield Energy. Michael will continue to implement and execute processes that enable high quality software development and world class customer support. “One of the most important keys to our success is continuous improvement of our... More →
  • May 22, 2015 - Waterfield Energy Releases Software Version 4.0 - Waterfield Energy is excited to announce the release of version 4.0 on May 1, 2015. This release expands the significant performance improvements to even more batch processes and screens & expands the functionality of the Revenue Accounting, Gathering, Crude/NGL/Gas Transportation, and DO & Disbursement modules. All primary batch processes in Revenue Accounting, Disbursement, and Gathering now run in the high performance batch processing engine. - Waterfield has introduced a ‘Canadian’ Revenue... More →
  • May 5, 2015 - Waterfield Energy 4th Annual User Group Conference - Waterfield Energy hosts its fourth annual User Group Conference in Dallas, TX Thursday May 14th and Friday May 15th at the beautiful Four Seasons Las Colinas. This education packed conference will feature both general and breakout sessions for Upstream, Midstream and Transportation as well as learning sessions aimed at helping users understand features and functions of the Waterfield Energy software. This year Waterfield Energy is pleased to include continuing professional credits to attendees through the... More →
  • April 28, 2015 - Upstream Company Selects Waterfield Energy for Midstream Interests - Waterfield Energy announces the start of a new plant processing project with a Texas-based E&P company expanding their asset base into gas plants and gathering systems. This initial project will include the implementation of Waterfield Energy’s Plant Processing software and will last approximately six weeks utilizing a rapid implementation approach to meet the client’s very tight timeline. “The continued growth in plant processing market share has been incredible. I’m pleased at the continually... More →
  • March 20, 2015 - Waterfield Energy Continues to Dominate in the Midstream Vertical - Waterfield Energy announces the start of another Midstream project with the addition of its newest client. This new project not only utilized the Division Order and Disbursements product suite, but also the State Tax and Reporting software. CEO, Pete Waldroop said, “I’m excited to see the steady growth of our client base in the Midstream area. We are committed to our clients and to bringing them a great software... More →

Upstream Products


Our Upstream Solutions Suite offers producers complete functionality for revenue accounting, financial accruals and forecasting.  We also offer complete upstream division order management for the largest of E&P companies.

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Transportation Products


Transportation storage and terminalling represents one of the most complex aspects of the energy business. We understand the nuances of your tarriff, and how strictly the rules must be enforced. Looking for assistance with your transportation challenges? Let us help.

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Midstream Products


There’s nothing easy about plant allocations and settlement. Existing systems make it even more complex, and they perform like diesel trucks. Come see our system and see an innovative way to make processing and gathering much easier to use, as well as faster and more efficient.

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