Software Solutions for Carbon Capture Accounting
From Hydrocarbon Extraction to Carbon Injection, manage all your accounting needs in a single platform
Simplify your Carbon Capture Accounting
W Energy offers packages for your Carbon Capture Accounting needs in the same environment as your current oil & gas accounting solutions.
Use the W Energy Division Order module to easily track Interest Owners, and their shares, for proper payment based on the carbon stored in their wells.
Use the W Energy Contracts module to create Contracts with easy to manage Formulas and Rates to ensure that the proper owners are paid the correct amounts.
Use the powerful W Energy processing capability to easily calculate each owner’s share of the Carbon Capture payment, and utilize features like CalcTrace to see exactly how their amounts were calculated.
Streamline your Software Needs
Meet all your accounting needs in a single, simple platform.
Unify
Operations
Seamlessly integrate all your needs from Transporting, to Distribution, to final Accounting needs
Transparent
Calculations
Gain clarity in Carbon Payment calculations with W Energy’s proprietary CalcTrace Functionality
Optimize Data
Management
Use the same global Business Associates, Wells, and Chart of Accounts to reduce duplicate entries and maintenance efforts.
Enjoy Seamless Production Integration
Directly import the captured volumes into accounting processes with integrated volume capture solutions.
Audit Trail
Having full audit traceability within the system minimizes risk associated with work done outside of a controlled environment.
Don’t I need another application to keep track of the Carbon I’m capturing and storing today? Not with W Energy! Our configurable platform allows you to seamlessly track your hydrocarbons coming out of the ground, and the captured carbon being stored at the end of the process.
When will W Energy’s Carbon Capture and Storage tracking system be available? It’s available today, right alongside W Energy’s other great features! Contact us today to learn all about the W Energy platform’s capabilities!