A Legacy of Trust.      MISSION      SUPPORT      CONTACT US

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

  • 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 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 →
  • November 3, 2014 - Waterfield Energy Selected for Upstream Production Revenue Accounting - Waterfield Energy is pleased to announce that another North American exploration and production company has selected the Waterfield Production Revenue Accounting solution. After an extensive evaluation process, including a detailed, hands-on proof of concept, the client selection team unanimously selected the Waterfield solution. “Being unanimously selected over multiple other upstream providers is very exciting. I believe this is a testament to how our innovative approach to product design has resonated... More →
  • October 15, 2014 - Waterfield Energy Completes Upstream Project - Waterfield Energy announces the completion of another upstream revenue production project, making the upstream practice the company’s fastest growing business line. “We are very pleased at our rapid growth in upstream production allocation, revenue accounting, and land. The market response to our innovative, time-saving products has been fantastic,” said Pete Waldroop, Chief Executive Officer. By March 2015, Waterfield Energy will have over 130,000 properties in production on its upstream... 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.

Learn More »

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.

Learn More »

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.

Learn More »