Oil & Gas Software for Upstream Accounting
Streamline Your Financial Operations.
One integrated platform means managing with unparalleled efficiency and accuracy: Revenue Accounting, Accounts Payable, Joint Venture Accounting, Division Orders, and more.
Streamline Your
Financial Workflow.
Accelerate Accounting Processes, Validate Results with Ease, and Achieve Hassle-free Compliance.
Get a clear view of your financial health and whip through complex accounting tasks in minutes. With W Energy, tailor your reports, adjust financial statements effortlessly as things change, and handle all of it in-house.
Trim next month’s PPA headaches with rerunnable monthly processes. Quickly validate your accounting and correct any mistakes with our easy to review result sets and clear insights into those results. Stop dreading that PPA next month!
Ensure every financial transaction is accounted for and reported accurately, preventing errors in the GL for timely, precise results–without after-the-fact fixes. Forget juggling separate charts of accounts for each company—our global chart of accounts means saying goodbye to duplicate setup hassles.
Trusted by leading upstream and midstream energy companies
Faster More Accurate Calculations
Make better decisions with unmatched insights into your financial standing.
Unify
Operations
Seamlessly integrate AP, AR, DO, JIB, AFE, Revenue, Financials, Assets, Contracts, and more into a single solution.
Visualize
Chain of Title
Effortlessly map Division Order parties with our Visual Chain of Title.
Make Revenue
Calculations Transparent
Gain clarity in revenue calculations with W’s proprietary CalcTrace functionality.
Simplify
Acquisitions
Streamline data integration with user-configurable uploads.
Optimize
Data Management
Use Global Business Associates and Chart of Accounts to reduce duplicate entries and maintenance efforts.
Gain Intelligent
Cost Allocation
Take advantage of W’s intelligent, multi-tiered engine for precise AFE and Inter-Company cost control.
Embedded Reporting
Easy access to built-in core reports to keep your business running smoothly.
Enjoy Seamless
Production Integration
Directly import field production volumes into accounting with integrated production solutions.
Realize Real-Time
JIB Reconciliation
Achieve cleaner JIB runs with real-time reconciliation inquiries and easily rerunnable processes.
DataView™ Analytics Overview
Powering success through better reporting. See how.
Do I have to manage master data in multiple places based on Company or Activity? No! W Energy offers a global setup of master data – like Business Associates, Wells, and Chart of Accounts – so they can easily be set up and managed in one place.
Is it going to take me hours to untangle and understand my complex Revenue Calculations? Not at all with W Energy’s Calc Trace functionality. Quickly gain insight into your complex revenue calculations, including clicking through to the formula or variable used to understand what happened.
How can I access my data? A lot of data can be exported right out of the application. Additionally, we can provide you with a copy of your data for reporting purposes, or provide you a copy of your data right into any existing data warehouse initiatives you may have.
What States do you offer Royalty Reporting for? Arkansas State Tax, Colorado Conversation Tax, State Royalty and State Tax, Kansas State Tax, Louisiana State Tax, North Dakota State Royalty and State Tax, New Mexico State Royalty and State Tax, Oklahoma State Tax, Southern Ute Tax, Texas GLO Royalty, State Tax and UT Royalty, Utah State Tax, West Virginia State Tax, Wyoming State Tax.
Can you handle my multi-tiered cost allocations? W Energy offers multiple ways to allocate your costs back to the well and can handle as many tiers as are necessary for your business!