W Energy Software Continues Plant Accounting Winning Streak

W Energy Software, the emerging leader in upstream and midstream oil & gas ERP solutions, announces that a major Oklahoma-based natural gas processor has licensed its plant accounting software.  By selecting W Energy Software, the midstream service provider enhances its ability to track the accounting movement of natural gas and refined products through its processing facilities.  Top reasons for choosing W Energy Software include the ability to rapidly and accurately perform allocations and settlement, speed in implementing the solution in support of its newly acquired processing facility, and W Energy Software’s reputation for customer service.  With its latest plant accounting customer, W Energy Software continues a track record of disrupting the status quo and gaining rapid market share from legacy providers with more than 20 recent competitive wins.

“I want to thank the newest member of the W Energy Software family for their vote of confidence in our accounting solution’s ability to quickly and reliably settle their plant. We understand that midstream companies have many choices when it comes to running their core business operations and that a lot of trust has been placed in our hands, so rest assured that your plant accounting needs will remain a top priority.” 

-Pete Waldroop, CEO of W Energy Software

W Energy Software’s new customer had expanded its midstream business with the acquisition of a gas processing plant in Oklahoma.  Serving the STACK play, the facility provides more than 300 million cubic feet of processing capacity per day.  The company needed to rapidly assume operation of its newly acquired assets and ensure that it could efficiently perform allocations and settlement without disruption.  After evaluating the capabilities and costs of several plant accounting solutions, the service provider signed software licenses for W Energy Software’s proven plant accounting solution.

Reasons for selecting W Energy Software over the competition include:

• Agility and rapid response of the W Energy Software team to deploy its plant accounting solution to the unique requirements of the midstream service provider.
• Fast and reliable processing of settlements and allocations eliminates manual workarounds, enables processes to be run in minutes, and builds confidence in the results.
• Superior functionality and user experience across a unified database and integrated software suite.
• W Energy Software’s Reputation for Customer Service and partnering with customers to ensure business results.
• The industry’s most comprehensive single platform, modern technology deployed in the cloud enables teams to reduce IT costs.