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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.  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

  • 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 →
  • September 15, 2014 - Waterfield Energy Adds New Midstream Gas Transportation and Processing Client - Waterfield Energy continues to grow in the Gas Transportation and Gas Processing software space with the addition of their newest client. This new client will utilize a comprehensive suite of midstream products including Plant Accounting, Gas Transportation, Contract Management and Gas and NGL Marketing. The implementation takes place over the next four months and will give the client the flexible and dynamic system they needed. Waterfield Energy Director Virginia Armetta stated, “We are excited to serve... More →
  • September 1, 2014 - Waterfield Energy Adds Canadian Client to Large Client Base - Waterfield Energy begins implementation of revenue accounting software on an international scale. As business continues to expand, Waterfield Energy has grown into a leading provider of revenue accounting software. This newest Canadian client needed a software solution that would bring an easy integration and implementation alternative to what they had. Waterfield Energy was able to not only provide those options, but also offered a dynamic reporting tool to facilitate Canadian reporting. This project is... More →
  • August 1, 2014 - Waterfield Energy Partners with Oklahoma-Based Midstream Company - Waterfield Energy has partnered with an Oklahoma-based company to expand their growing midstream processing and gathering business. After a rigorous selection process, Waterfield Energy was chosen to provide a comprehensive solution comprised of Plant Processing, State Tax, Volume Balancing and Contract Management which provides a substantial efficiency gain over the time consuming manual and spreadsheet processes. Waterfield Energy’s newest client required a software solution that was user friendly, and... More →
  • July 1, 2014 - Waterfield Energy Wins Major Midstream Client - Waterfield Energy is pleased to announce the partnership with a top ten US Gas Processing company. The decision to switch from a competitor’s solution, which had been installed for fifteen years, to Waterfield Energy’s software came after a direct comparison of Waterfield Energy’s performance, pricing and functionality to the existing solution. The new project will implement Waterfield Energy’s accounting software including Plant Processing, Accrual, Forecasting, Division Order, State Taxes, and... 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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