WolfePak ERP Software for Operators
WolfePak Oil and Gas Software for Operators makes your job easier through smart integration and automation, which gives you more time to focus on your bottom line.
- Streamlines processes for JIB (joint interest billing), AFE (authorization for expenditures) and oil & gas revenue distribution.
- Permits natural data entry for functions such as A/P and Deposit Entry, through task specific screens.
- Produces financial statements and reporting for compliance, board reviews or internal analysis with ease.
- Creates full audit trails to track user entries, changes and transaction history and are available in easy to read reports.
How can the E&P Operator package help? Watch this video:
Highlighted Modules | Oil & Gas Software for Operators
Revenue Distribution
Simplify revenue distribution for countless properties to unlimited owners
Easily correct distribution errors for multiple production months
Provides audit-trail and detail-level suspense information for each owner
Creates real-time entries to the general ledger
Joint Interest Billing
Manage thousands of properties with different percentages & exemptions
Accurately allocate costs to investors and/or owners
Manage an unlimited number of DOIs with varying percentages
Create files for 3rd party uploads (Enverus, Energylink)
Check Stub Entry
Providing control, validation and reporting for revenue receipt
Validates revenue to division order for correct payment percentages
Provides visibility to totals and variances on volume, price & revenue
Creates entries to send to revenue system for distribution or to G/L for owner share
Additional Features
System runs unlimited sets of books
Unlimited financial reporting groups at various levels
Consolidation and multi-company roll-ups available
Automatic roll-up of leases based on location, operator & more
Lease-level & owner-level correction utilities for revenue and billing
Escheat of unclaimed property for all 50 states available
Electronic cash disbursement approval
Positive pay file to send to your bank for fraud prevention
Operator Package Core Modules
Add-On Modules to Consider
Extend the functionality of WolfePak with various add-ons that automate and integrate multiple functions and processes.
