Oil and Gas Authorization for Expenditure Software
Optimize Business
Operations with Precision, Efficiency, and Control.
Easily track your field spend, compare to what was budgeted, and effortlessly connect the Field to Finance with W Energy AFE.
Connect your Field to Finance with
End to End Integration
W Energy’s AFE Workflow application is your go-to tool to manage AFE creation, review and approve AFE’s via an intuitive Mobile App, and get insightful Analytics for all your AFE’s. Streamline capital management actions, increase CAPEX savings, and deliver ROI to your business.
Configurable AFE templates are tailored to specific business processes, and easily span across all areas of your business. Configure everything from AFE Templates, Cost Estimate Rules, Approval Rules and Roles, to so much more!
The AFE process starts with an intuitive drafting process, routing the AFE through all applicable teams intuitively without time consuming manual intervention. The process incorporates your internal teams from Planning, Land Administration, Geology, Reserves, Completions and Facilities all the way through sending ballots out to Partners and tracking their elections.
AFE Workflow provides multiple avenues for your teams to quickly take action. Receive customizable email notifications of pending actions and important events and a dedicated in-app inbox to sort through AFEs and act on the highest priority tasks. A dedicated mobile application aids in the approval process, along with scheduled delegation of authority that keeps the ball rolling while you’re out of the office.
Trusted by leading upstream and midstream energy companies
W Energy AFE Workflow intuitively maps different processes for our different AFE’s into the system without us having to change our internal processes to adopt this system. AFE Workflow has made a positive impact in controlling over-spending, which did not exist as a system before. And users find it easy and intuitive to use!
Your AFEs, Perfected
Our feature-rich AFE solution provides all of this and more:
Collaboration
Simplified AFE Drafting
Automated Routing
Parent-Child AFE’s
Actionability
Automatic Alert Prioritization
Email notifications
Intuitive Mobile App
Accuracy
Complete Configurability
Effortless AFE Routing
Automatic Ballot Management
Accountability
Delegation of Authority
Attribute-level Auditing
System Logs and Reports
Data Transparency
Built-in Analytics and Reporting
Streamlined Authority Matrix
Integration
Accounting, Economics & Reserves Systems
Well and Facility Management Systems
Document Management
Approvals Workflow
Email Notifications
Configurable Routing
Mobile App Approvals
Security
SSO Integration
Admin controlled roles and permissions
Authority matrix by user and type
Is the AFE Workflow solution specific to Upstream Energy companies? Not at all! The W Energy AFE Workflow tool can be utilized by Upstream, Midstream, and Renewable Energy companies. The AFE solution is able to handle AFE’s throughout your business, regardless of what you do, or who needs to provide input.
Can the solution be configured to fit our specific workflows and processes? Of course! W Energy’s AFE Workflow solution will be tailored to your business’s processes and workflows during implementation. We have worked with a variety of clients, each with their unique workflow requirements, and are excited to work with customers to map these processes out!
How does W Energy help with my Capital Tracking? W Energy’s AFE Workflow tool reviews and tracks field estimates, actual costs, and budgets to make more effective Capital Management decisions. Our robust web and mobile solution allows team members to streamline their capital management actions and increase CAPEX Savings to deliver ROI to your business!
Can W Energy handle Parent-Child AFE’s? Certainly! We support complex drafting and routing needs for allocation of costs from pads and facilities to the wells that go into them. We also facilitate