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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

  • 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 →
  • April 14, 2016 - Waterfield Energy Expands with Existing Client - Waterfield Energy is pleased to announce the addition of the NGL Stabilization module with an existing client. Kevin Niles, Director of Liquids Management said, “We are very excited to expand our footprint with an existing client to meet the needs of their growing business. Waterfield Energy really values our business relationship with them as a partnership.” The use of the NGL Stabilization module will allow the client to streamline the updating of the volumetric ticket data with the analysis provided... More →
  • March 17, 2016 - Waterfield Energy Partners with Midstream Company - Waterfield Energy is pleased to announce the addition of another midstream company to the growing list of client partners. The client will utilize Waterfield Energy’s Plant Processing module in a cloud-based model. Pete Waldroop, CEO, said, “I’m pleased that another client has chosen Waterfield Energy in a single-source selection process. Their decision was based on our positive reputation in the industry, and their key users’ previous experience with our software. It’s truly gratifying to see... More →
  • February 25, 2016 - Waterfield Energy Announces New NAESB 3.0 Capacity Release For Interstate Gas Transportation - Waterfield Energy is pleased to announce the release of its NAESB 3.0 compliant Capacity Release functionality for interstate gas transportation. This addition provides significant depth and value to Waterfield Energy’s gas transportation suite and expands its capabilities for FERC regulated gas. - Waterfield Energy CEO, Pete Waldroop, said, “The expansion of our gas product suite into full NAESB functionality is almost complete. I believe there is a need in the market for a new vendor partner in this... More →
  • 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 →

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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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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