The Stream+ Midstream Oil and Gas Suite
Streamline your
Midstream Business
From right of way management, through gathering and processing, W Energy is the industry’s solution of choice for Midstream and First Purchaser companies.
W Energy has your midstream operations covered.
Revolutionize your operations from field to finance with our complete energy platform. Take a look and see the difference!
eBook: Midstream Accounting
In this eBook, review the challenges of traditional accounting processes and the essential features to look for in midstream oil and gas software.
Does W Energy automate or speed up manual, time-consuming tasks? Yes! W Energy automates a wide range of tasks, including:
• Automated data entry and validation: Reducing manual input and eliminating errors.
• Automated contract management: Streamlining contract creation, tracking, approvals, and compliance.
• Automated invoicing and settlement: Accelerating revenue cycles and improving cash flow.
• Automated regulatory reporting generation: Saving countless hours of manual data compilation.What specific regulations does W Energy help comply with? W Energy ensures compliance with industry-specific regulations, including:
• Specific Regulations, e.g., OGTR, IRS, State specific regulations: W Energy’s system is designed to meet and adapt to evolving regulatory requirements, providing audit trails and reporting tools to demonstrate compliance.
• Environmental, Safety, and Regulatory (ESR) tracking: W Energy’s tools help to manage and track key ESR data.
• Tax and royalty reporting: W Energy offers features that simplify these complex reporting requirements.Which essential volume tracking and automated allocations are provided? W Energy provides real-time, granular volume tracking across your entire supply chain, from custody transfer to sales point. We automate complex allocation calculations, ensuring accuracy and transparency, eliminating manual errors and saving valuable time.
What other system integrations would promote a smooth workflow? W Energy offers flexible integration options, connecting with:
• Measurement: Our strategic partnership with AMP allows for a seemless integration of HighWire.
• Accounting and ERP systems (e.g., SAP, Oracle, NetSuite): Eliminating data silos and ensuring data consistency.
• SCADA and field automation systems: Providing real-time data visibility and control.
• Financial trading platforms: Streamlining trading and settlement processes.
• GIS mapping systems: Visualizing asset locations and operational data.
• Transportation management systems: Improving logistics coordination.
• CRM systems: Streamlining customer relationship management.
What financial reporting capabilities are available? W Energy delivers powerful reporting capabilities, including:
• Real-time financial dashboards: Providing immediate insights into key performance indicators.
• Customizable financial reports: Tailoring reports to meet specific business needs.
• Profit and loss analysis: Identifying areas for improvement and optimizing profitability.
• Revenue and expense tracking: Monitoring financial performance and managing costs.
• Forecasting and budgeting tools: Enabling proactive financial planning.
• Royalty and tax reporting.