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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 15, 2016 - Waterfield Energy Releases Operational Scheduler 1.0. - Waterfield Energy, in partnership with one of their industry-leading clients, today released their new Operational Scheduler tool for managing the flow of crude or refined products batches from an origin point to multiple downstream delivery points. This completely visual tool allows schedulers to create versions and various scenarios of the schedule for simulation purposes, saving each scenario, then creating a final schedule that is published. The published schedule can be updated during the flow period... More →
  • January 1, 2016 - New and Improved Crude and Refined Products Terminal Management Functionality - Waterfield Energy is pleased to announce the upgrade and release of Terminal Manager 2.0. This improved functionality provides more robust handling of crude and refined products terminal nominations, measurement, inventory and customer contractual obligations. The improved functionality includes better terminal scheduling for pipeline, dock, rail, and trucking movements with utilization forecasts, actual and forecasted inventory and more. Kevin Niles, Director of Liquids Management said, “We have... More →
  • November 16, 2015 - Waterfield Energy Extends Presence in Crude Transportation Space - Waterfield Energy announces the addition of a significant new crude transportation client. This new client needed a crude transportation solution that could handle their offshore needs including eight new facilities running over 10,000,000 bbl per month. The Waterfield Energy Transportation Module had everything the client needed to run their crude business as well as the business intelligence needed to make reporting easy-to-use. Pete Waldroop, CEO of Waterfield Energy, said, “I am excited to welcome... More →
  • October 20, 2015 - Waterfield Energy Selected for Broad Platform, Rich Functionality - Waterfield Energy announces the partnership of another company which spans many segments of the energy value chain. After a lengthy selection process, Waterfield Energy was selected to take on the Client’s Crude, NGLs, and Gas Marketing, Gas Plant Processing, and First Purchaser Crude businesses. This partnership will allow the client to manage their diversified business across multiple companies on one integrated, web-based energy software platform. Waterfield Energy CEO, Pete Waldroop, said, “Our... More →
  • October 19, 2015 - Waterfield Energy Replaces Competitor Software at Midstream Client - Waterfield Energy was called upon to replace a competitor’s software one year after they implemented the software. After a selection process run too quickly, the client found the software didn’t perform as sold and was cumbersome to use. The client took a much more in-depth view of the software and market the second time around before selecting Waterfield Energy’s Plant Processing and Budgeting & Forecasting modules. “Clients need real software that adds real value. And they need a partner for... More →
  • October 9, 2015 - Waterfield Energy to Add Authorization for Expenditure to its Growing Energy Suite - Waterfield Energy has partnered with an existing client to provide an automated solution for their AFE management processes. This client chose Waterfield Energy over other competitors due their positive experiences working with Waterfield on past projects and the integration with our upcoming release of our general financials module. The project extends beyond the traditional AFE software functionality to also provide enhanced planning capabilities, work order/field ticket integration, automated alerts,... 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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