WolfePak ERP Software for Operators

A Single Platform that Handles Oil and Gas Accounting and More

  • 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

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

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)

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

Add-On Modules to Consider

Extend the functionality of WolfePak with various add-ons that automate and integrate multiple functions and processes.

See how you run with WolfePak

To see how WolfePak can help your growing business run leaner and faster, call us at (325) 677-1543

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