What benefits does an integrated Upstream platform bring to today’s Oil and Gas Operators?

In modern oil and gas businesses, time is money, and data is the backbone of timely decision-making. Yet, too many firms spend countless hours wrangling disparate datasets instead of focusing on what matters most—analysis, optimization, and ultimately profitability. Let’s take a look across functional areas in your oil and gas business to see how an integrated business solution can save you time and increase your productivity.
Accounting: More Analysis, Less Paralysis
Revenue Accounting Manager
For revenue accounting managers, the daily grind often involves compiling data from the field—cleaning it, verifying it, and only then analyzing it. The old adage “80% of your time is spent gathering the data and 20% of the time analyzing it” is nails on a chalk board for any accountant. Stream+ flips the script for your accounting teams. Production volumes flow directly from the field, pre-verified for accuracy, freeing up time for revenue trend and variance analysis. Switching between purchaser statements and allocation results from multi-well drilling pads reconciles every drop effortlessly. With an integrated system, allocations become a breeze, even in today’s complex operational landscape.
Real-World Win: No more chasing down inaccurate records from unintegrated systems—Stream+ ensures data integrity from the start.
Time Savings
Average 5 hours/week
Cost Reduction
Complete Revenue Processes Sooner
Productivity Increase
20%
Production Accountant
Reconciling production volumes with sales volumes is a headache when the data lives in separate silos. W Energy’s Stream+ links these data points together, within one system, dramatically reducing the time spent gathering and merging data. This means production accountants can dive straight into troubleshooting discrepancies and helping crafting stories for different stakeholders—especially critical for non-operator’s or syndicated funds.
Real-World Win: Explaining why net revenue doesn’t match production becomes a clear, data-driven narrative.
Time Savings
3-6 hours/week
Cost Reduction
0+ Unaccounted for Oil Loads Found Per Year
Productivity Increase
30%
Controller
Controllers need a bird’s-eye view of the company’s financial health without drowning in data prep. Their job is to prepare a story for management, not be involved in trying to finalize the data that flows into that story. Tracking cash flow against expenditures, CAPEX forecasts, or asset depletion is simple when everything is integrated. Spend less time reconciling and more time on strategic tasks.
Real-World Win: Spot financial trends quickly and keep the company on track.
Time Savings
2 hours/week
Cost Reduction
Tens of Thousands Not Spent on Consultants
Productivity Increase
25%
Land: Precision and Peace of Mind
Land Tech
Missing an obligation due to bad data can lead to costly consequences—like losing your lease rights to a savvy competitor. It unfortunately happens too often and can have both financial and operational impacts on your business. Legacy leases are valuable in any potential M&A transaction, which can lead to either lower valuations or larger cash outlays prior to a deal. Having obligations integrated with the rest of your accounting stack allows for seamless obligation tracking. Leases stay producing, and ownership remains secure.
Real-World Win: Avoid the nightmare of a missed obligation turning into an expensive re-lease, or losing the lease.
Time Savings
6 hours/week
Cost Reduction
150K in Lease Bonuses Not Paid
Productivity Increase
25%
Operations: Produce with Purpose
Asset Managers
Building a field development plan isn’t as simple as picking the highest Estimated Ultimate Recovery (EUR) location. It’s a puzzle that brings together engineering, operations, finance and land to understand how to properly allocate capital in an environment where every dollar matters. Having drilling plans requires an understanding of Division of Interest (DOI) data, letting leadership ensure upcoming locations are fully leased and titled . It even allows re-ranking of wells based on profitability as prices and costs shift in real time —moving high-net revenue or overriding royalty wells up the queue when it makes sense.
Real-World Win: Drill the most profitable wells first, not just the next ones in line.
Time Savings
15 hours/month
Cost Reduction
Tens of Thousands Per Year in Negotiation Power
Productivity Increase
10%
Drilling/Completions Engineer
Estimating future D&C costs is tough without organized historical data. Having all costs by project, alongside revenue and sales data, in one system is a huge advantage. Engineers can compare authorizations for expenditure (AFE) estimates to actual costs across multiple key performance indicators (KPIs), ensuring performance stays on target and new wells are producing revenue as expected.
Real-World Win: Daily accruals from accounting align with operational data for real-time insights to ensure AFE is met.
Time Savings
5 hours/month
Cost Reduction
$100K+ Per Year in Optimized AFE Procedures
Productivity Increase
10%
Production Engineer
Keeping wells profitable is the name of the game. Layering Lease Operating Expenses (LOE) and production data helps reveal which wells are truly driving profit—and which aren’t. Testing a new chemical plan to reduce downtime? Having integration between production and accounting allows us to easily determine whether that new program is working.
Real-World Win: Pinpoint LOE drivers and optimize uptime and production without guesswork.
Time Savings
5 hours/week
Cost Reduction
$30K-50K Per Quarter in LOE
Productivity Increase
20%
Business Intelligence: Strategic Insights, Fast
Executive Team (CEO/CFO/COO)
Scenario planning is critical for managing the business. Management teams need all the relevant data to drive profitable decision making. Production affects accounting, which affects land, which affects the bottom-line. Having all relevant accounting data at executives’ fingertips is a must-have, enabling quick analysis of YoY expense trends or over-budget regions. Custom balance sheets, income statements, and Lease Operating Statements are made easy, tailored to specific needs.
Real-World Win: Run your settlement statement in minutes, rather than an overnight process that you hope works.
Time Savings
2-4 hours/week
Cost Reduction
Hundreds of Thousands in Revenue Added
Productivity Increase
5%
Analysts (Finance & Data)
Static reports don’t cut it when executives demand dynamic scenario planning. Every analyst’s nightmare is after hours spent building a report, only for 5 minutes into the meeting to hear “Well, what if we modified this, how would things change?” Having all data from an integrated system like Stream+ pushed into business-friendly, analytics-ready tables, powering live dashboards in tools like Power BI, Spotfire, or Data Lakehouse of choice gives an analyst the ability to spend their time actually analyzing data, not hunting for data building reports.
Real-World Win: Deliver reports that evolve with the business, not just snapshots in time.
Time Savings
10 hours/week
Cost Reduction
$25K Per Year in Technology Infrastructure Not Needed
Productivity Increase
40%
Third-Party Auditors
Audits can be a slog—unless you can easily get data to the audit team. With all accounting, land and production data in easy-to-use tables, auditors can complete their work faster, saving them time and you money. No more digging through scattered systems, compiling spreadsheets and then having to jump on a call to explain whatever is in the spreadsheet.
Real-World Win: Breeze through audits and impress the board with efficiency.
Time Savings
35 hours/year
Cost Reduction
35 Less Hours Billed
Productivity Increase
30%
Where W Energy Shines with Stream+
Enter Stream+, a solution from W Energy that integrates production, land, and accounting data into a single platform. From engineers to accountants, land analysts to executives, each team is able to collaborate to achieve the best outcome. Utilizing a system that is designed to work cross-functionally is not just a nice-to-have, it’s a must-have to drive the business forward.
Stream+ isn’t just a tool—it’s a complete rethinking of your key systems. By uniting production, revenue, land, and financial data in one globally linked system, it eliminates the chaos of fragmented workflows and data dead-ends. Whether you are analyzing variances, securing leases, optimizing wells, or planning for the future, Stream+ delivers the clarity and efficiency you need to thrive in today’s oil and gas industry. Having spent years in the trenches, the pain of disparate systems and data silos has cost firms millions of dollars and thousands of hours that should have been spent on the business, but instead was spent searching for answers and building complicated tie outs between data from fragmented sources.
Guest Author: Michael Tanner, Managing Director, Sandstone Group
Michael earned undergraduate and graduate degrees at Colorado School of Mines. He began his career in Reservoir Engineering, later transitioning to working in FP&A for an Oil and Gas Operator. He now is the Managing Director of Sandstone Group, which works to integrate Business Operations, Sales, and Marketing in the Energy and Real Estate Industries. His experience includes A&D, M&A, corporate strategy, risk research and analysis, hedging and budgeting, along with experience leading IT Teams. He is also the co-publisher of Energy News Beat, and co-host of the Energy News Beat Daily Standup.
Connect with Michael on LinkedIn