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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

  • December 11, 2017 - Waterfield Energy Announces New Vice President - Waterfield Energy is pleased to announce the promotion of Michael Ferrante to Vice President of Implementation Services. Mr. Ferrante has been with Waterfield for four and a half years. Mr. Ferrante joined the Waterfield Implementation team and quickly moved up through the ranks due to his exceptional commitment to client service and knowledge of the energy industry and Waterfield system. Mr. Ferrante immediately assumes responsibility for all Waterfield Energy implementation projects. “I have worked... More →
  • December 1, 2017 - Waterfield Selected for Upstream Implementation - Waterfield Energy announces its newest upstream client to use the full Waterfield Energy upstream ERP suite. This client elected to move to a new system due to lack of integration and manual workarounds with their existing platform. Waterfield Energy was chosen due to their ability to meet the client’s aggressive timeline and due to Waterfield’s known and budgetable cost structure. The Waterfield suite will be implemented in phases starting with Production Accounting, then moving to Financial... More →
  • September 13, 2017 - Go-Live on Schedule - Waterfield Energy is excited to announce the go-live of Waterfield Land 2.0. This module includes many enhancements including faster performance, expanded flexibility, and better reporting. The new module is now available for general release. “We are investing heavily in our Land solution over the next 12 months. Land is a key focus area for us and we will aggressively pursue this market,” says Waterfield CEO Pete... More →
  • September 12, 2017 - Waterfield Energy selected for Processing solution - Waterfield Energy’s industry-leading processing solution was selected by another midstream company. This client needed a cost-effective system flexible enough to handle their complex allocations and reporting. Waterfield Energy was the easy choice in the market due to the large client base, advanced technology platform, and best-in-class customer service. “Our commitment to the midstream market remains unchanged. We are and will continue to be the premier solution provider in this space, ” says... More →
  • July 27, 2017 - International E&P Company Selects Waterfield Energy - After an extensive RFP process, Waterfield Energy was selected for a major implementation with an international E&P company. This client will utilize several of Waterfield Energy's Upstream ERP modules including Revenue Accounting and Marketing. "Waterfield's reputation for client service, our advanced features and modern technology architecture were key factors in being selected in this highly competitive situation. This project represents our growing acceptance and momentum as a key player in the... More →
  • April 24, 2017 - Waterfield Energy selected for Upstream Implementation - Waterfield Energy is pleased to announce they have been selected by a major upstream company to replace their existing upstream ERP system. Waterfield Energy was selected based on new technology, best-in-class service, and significant cost savings for the client. This implementation will include Financial Accounting, Cost Accounting, Revenue Accounting, Land, Field Data Capture and more. “Waterfield Energy remains relentlessly committed to providing the best possible client experience whether it be in... More →

Waterfield Energy selected for Upstream Implementation


Waterfield Energy is pleased to announce they have been selected by a major upstream company to replace their existing upstream ERP system. Waterfield Energy was selected based on new technology, best-in-class service, and significant cost savings for the client. This implementation will include Financial Accounting, Cost Accounting, Revenue Accounting, Land, Field Data Capture and more.  “Waterfield Energy remains relentlessly committed to providing the best possible client experience whether it be in the midstream or upstream market segments,” says Waterfield Energy CEO, Pete Waldroop.

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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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