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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, liquefied 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

  • January 19, 2017 - Waterfield Energy Raises Money for Fellow Employee - Waterfield Energy employees rallied to raise money for a co-worker with a newborn needing heart surgery. Over the past month, Waterfield Energy employees participated in contest to get the most money in the jar of the manager or executive they would like to see get a pie to the face. After all the donations were counted, Waterfield Energy CEO Pete Waldroop had received the most in his jar and a pie to the face. “I’m glad to see the generosity of our employees to help a fellow co-worker during a time... More →
  • January 12, 2017 - Waterfield Energy Selected as Technology Partner for Lease Management Software Company - When a well-established lease management software company decided to rebuild and modernize their software application, they came to Waterfield Energy for help. The company needed their application to be robust enough to handle millions of simultaneous transactions. It was important to improve application performance and scalability. This required a product rebuild with emphasis on stronger screen presentation capability and greatly enhanced performance times. - The executives at the company became familiar... More →
  • December 6, 2016 - Waterfield Energy Upstream ERP Client - Waterfield Energy is pleased to announce the newest upstream client to use Waterfield Energy’s full upstream ERP software suite which includes Financial Accounting, JIB, Revenue Accounting & Production Accounting, Division Order, Tax & Regulatory. In addition this client has recently purchased midstream assets which include gas plants and gas pipelines. These assets will also be running on Waterfield Energy’s midstream suite of products. “In the new energy environment, companies still want... More →
  • October 6, 2016 - Waterfield Energy Reaches SOC 2 Type 2 Compliance - Waterfield Energy, the nation’s leading Financial and Transaction Management System for the Energy Industry, today announced that it has successfully completed a Service Organization Controls (SOC) 2 Audit Type II examination for their Financial and Transaction Management Software System. Waterfield Energy retained international business advisory firm Skoda Minotti for its SOC 2 audit work. Waterfield Energy selected Skoda Minotti after an intensive search based on Skoda Minotti’s reputation as a... More →
  • September 13, 2016 - New Waterfield Energy Intrastate Gas Transportation Client - Waterfield Energy announces the addition of a new Intrastate Gas client. This new client with assets in Colorado chose Waterfield Energy to run its Intrastate Gas business based on recommendations from two other Waterfield Energy clients and after a detailed software review. Chief Executive Officer, Pete Waldroop said, “We have worked hard to maintain a standard of excellence with our software and our client support, and are excited every time a potential client reaches out to us based on our industry... More →
  • September 9, 2016 - Waterfield Energy Releases Financial Accounting Module - Waterfield Energy is pleased to announce the release of its newest module, Financial Accounting, now live and in production. This module is integrated with all the existing midstream and upstream products and was built from the ground up in Waterfield Energy’s advanced technology platform. Financial Accounting is now available for clients either in the cloud or as an on-premise solution. “As with all of our products, we have worked to provide a significantly enhanced and easier user experience versus... More →

Waterfield Energy Selected as Technology Partner for Lease Management Software Company


When a well-established lease management software company decided to rebuild and modernize their software application, they came to Waterfield Energy for help. The company needed their application to be robust enough to handle millions of simultaneous transactions. It was important to improve application performance and scalability. This required a product rebuild with emphasis on stronger screen presentation capability and greatly enhanced performance times.

The executives at the company became familiar with Waterfield Energy’s advanced web-based technology platform and exponentially faster system performance, as compared to competing products in the energy industry. They called upon the team at Waterfield to assist them with their product evolution.

“We are excited to see our technology platform being used as a game-changer in a new industry vertical,” said Pete Waldroop, Waterfield Energy CEO.  “The investments we’ve made in leading-edge technology continue to provide value and competitive advantages for our clients. We believe our new partner will bring the same level of value to their clients as a result of working with Waterfield Energy for their product rebuild.”

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Spotlight


Waterfield Energy is pleased to announce the release of its newest module, Financial Accounting.  This fully integrated module built from the ground up in Waterfield Energy’s advanced technology platform is now available for clients either in the cloud or as an on-premise solution.  The new Financial Accounting module includes General Ledger, Accounts Receivable, Accounts Payable, Workflow and Cash Management.

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Midstream Products


Waterfield Energy’s midstream suite includes gas processing, gas and crude gathering, crude and refined products terminal management, operational scheduling, multi-commodity transportation products and more.  There are also many ancillary products designed to help with everything from estimates, budgets and forecasts to corporate level reporting.  Designed and built utilizing the latest technologies to enhance the user experience, Waterfield Energy’s midstream suite of products is faster and more efficient than anything on the market.

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