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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

  • 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 →
  • August 1, 2016 - Waterfield Energy Adds New Midstream Client - Waterfield Energy continues to grow in the Midstream space with the addition of their newest client. This new client chose Waterfield Energy to convert from an existing system to Waterfield based on Waterfield’s breadth of functionality and ease-of-use. The implementation takes place over the next four months and will give the client the flexible and dynamic system they needed. Waterfield Energy CEO, Pete Waldroop sad, “We are excited to help this client manage their business when other competitor... More →
  • May 13, 2016 - Waterfield Energy Announces Crude Transportation & Terminal Management Client - Waterfield Energy is pleased to announce an addition to their growing number of liquid transportation and terminal clients. This new client will be utilizing the Crude Transportation and Terminal Management modules for managing their liquid business. “We are excited to see the continual growth within the liquid space,” said Director, Kevin Niles. He adds, “we have made investments to our software for managing liquid logistics and storage management, which is showing with our growing client... More →
  • May 6, 2016 - Waterfield Energy Crude First Purchaser - Waterfield Energy is pleased to announce its newest client using the Waterfield Energy Crude First Purchaser module. Kevin Niles, Director of Liquids Management said, “We are excited for our clients to use the robust functionality of Waterfield’s software for their Crude First Purchaser requirements. The software will capture all the purchase/sales contracts, lease or bulk volume, DO disbursements, and reporting requirements.” The use of Waterfield Energy software allows our client to manage all the... More →

Upstream Products

Waterfield Energy’s upstream suite provides full functionality for the E&P Company.

The suite includes full ERP accounting(General Financials), upstream revenue and cost accounting, and land management.

Designed to handle high volumes of data and high numbers of concurrent users, the system is scalable for businesses seeking a cost effective solution today that will grow with their business for tomorrow.

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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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