Bridging the Gap in Energy Measurement and Accounting: A Game-Changing Partnership
The oil and gas industry has long relied on outdated systems for measurement and accounting, often struggling with inefficiencies, inaccuracies, and high operational costs. But a new collaboration between W Energy and Agile Midstream Products (AMP) is poised to change the game. By integrating W Energy’s Stream+ platform with AMP’s HighWire measurement technology, the partnership is bringing a next-generation solution to midstream energy companies.
The need for modernization
Legacy systems in energy measurement often lead to revenue loss, manual inefficiencies, and costly errors. Many companies have been searching for a more effective and modern way to track volumes, manage data, and ensure seamless reconciliation. Disparate and disconnected systems for plant accounting, pipeline accounting, and land management are age-old pain points, and add complexity in other areas of the midstream business. That’s where this partnership steps in, offering a cloud-native, scalable alternative that brings together all critical workflows for a unified, efficient, and data-driven approach to integrating and managing operations from measurement to field and finance.
What this means for Midstream operators
This collaboration is more than just a tech upgrade—it’s a strategic move toward efficiency and profitability. The integration of HighWire and Stream+ offers:
- Data Accuracy
HighWire’s cloud-based oil and gas measurement system ensures precise volume tracking, reducing discrepancies and revenue loss. - Streamlined Workflows
The seamless connection between HighWire and Stream+ eliminates manual data entry, reducing errors and improving operational efficiency. - Faster Close Cycles
Automation in measurement and reconciliation accelerates month-end processes, making financial reporting smoother. - Scalability and Flexibility
Whether a company is focused on gathering, processing, transportation, or logistics, this cloud-native solution adapts to evolving business needs. - Lower Operational Costs
HighWire’s notification system proactively alerts users to discrepancies, allowing for quick resolution and reduced financial exposure.
A partnership focused on innovation
The synergy between AMP’s deep expertise in energy measurement and W Energy’s robust software capabilities creates a powerful solution for midstream operators. This collaboration reshapes how the industry approaches measurement and accounting, tackling long-standing industry pain points by delivering a fully connected interface between measurement and accounting.
“By integrating HighWire with Stream+, we’re providing customers with the benefits of consolidated, high-quality master data within a single, unified platform,” says Rachel Collins, CEO of W Energy.
Looking ahead
As the energy sector continues to evolve, companies need agile, cloud-based solutions that can grow with their business. W Energy and AMP are leading the charge in delivering an integrated approach that enhances efficiency, reduces costs, and provides real-time data insights—helping operators stay ahead in a competitive landscape.
Learn more about how this partnership is driving innovation in energy measurement and accounting; then get in touch.