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Financial and Transaction Management Software for the Energy Industry

Waterfield Energy is a Tulsa-based software company that provides oil and gas 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 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

  • 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 →
  • February 23, 2015 - Waterfield Energy Selected for Upstream Marketing - Waterfield Energy announces it has been selected by a new client for upstream gas, crude and NGLs marketing as well as gas plant processing. This several month project will begin in March 2015. “We are excited to work with this new client partner on their upstream business. Waterfield has continued to invest heavily in the upstream space, as a result, it has become our fastest growing practice area,” said Chief Executive Officer, Pete... More →
  • February 16, 2015 - Waterfield Energy Selected for Upstream - Waterfield Energy announced the selection of their Gas Gathering solution by a North American E&P company. The Waterfield Energy solution was chosen based on the flexibility of the application, ease of nomination approach, and the ability to provide clear and detailed information to producers. Vice President of Transportation, Brandon Swalve, said, “Gas Transaction Management continues to drive growth for our product suite. We are pleased to work with another major E&P business in this... More →
  • February 3, 2015 - Waterfield Energy Welcomes Vice President of Upstream - Waterfield Energy is pleased to welcome Greg Post as Vice President of Upstream. Mr. Post brings over thirty years of product development and implementation experience with a focus on Upstream ERP systems to Waterfield Energy. He will be responsible for leading the Upstream practice area, which includes production allocation, owner valuation, division order and disbursement, tax and regulatory, land, and general financials, from a product development and product management stand point. Pete Waldroop, CEO... 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 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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