Here is our list of the best accounting softwares for the Oil and Gas Industry.

Here is our list of the best accounting software for the Oil and Gas Industry.

Our team evaluated a wide range of platforms tailored for oil and gas companies, focusing on key features such as scalability, ease of use, integration capabilities, and pricing. We also gathered feedback from industry professionals to highlight the strengths, limitations, and best use cases for each platform—helping companies of all sizes find the right solution for their financial management needs.

Note: While many of these tools offer strong general ledger and revenue capabilities, most still rely on manual workflows for Accounts Payable (AP). That’s where platforms like Joltly come in—designed to automate AP and integrate directly with many of the systems listed below.

If we missed one, let us know. We are always updating our list.

1. Quorum | ODA

Quorum’s ODA platform caters to businesses of all sizes, from small companies to large enterprises. Its scalable cloud-based architecture and API capabilities make it versatile for companies looking for strong data analytics, integration, and financial management tools.

Our internal team uses Quorum ODA and loves working with their team—they’ve provided excellent support. We’ve also built a native integration with Joltly, which lets you streamline invoice approvals, code field tickets automatically, and push AP data directly into Quorum.

To talk to their sales team reach out to: partners@quorumsoftware.com

2. W Energy

W Energy provides agile solutions suited for companies of varying sizes, offering tools for revenue accounting, land management, and compliance, with powerful API integrations. They also have a great team that is willing to help you out as needed.

3. IFS (Bolo)

Bolo, now part of IFS, is designed for mid-sized to enterprise-level oil and gas companies. It provides advanced financial and asset lifecycle management tools. IFS is heavily used by the biggest players in Oil and Gas.

4. Quorum | OGsys

OGsys provides a solid platform for small to mid-sized companies, offering fast data entry and real-time reporting. While the software is more legacy in design, it’s still trusted by hundreds of operators.

OGsys also integrates natively with Joltly, giving users the ability to automate AP workflows and avoid the overhead of managing invoices manually.

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5. Enertia

Enertia primarily supports mid-sized to enterprise companies and is known for its scalable upstream oil and gas solutions. Most of their customers process high invoice volumes and operate thousands of wells.

6. Pakenergy

Pakenergy delivers robust solutions tailored for the petroleum industry, focusing on compliance, revenue distribution, and joint interest billing. Probably have the largest marketshare in O&G accounting. The team is nice, but as far as we can tell the product doesn't play nice with outside software.

7. Petrofly

Petrofly caters to smaller companies, providing an easy-to-use platform designed for straightforward financial management and compliance. If you are looking for a simple oil and gas platform it could be a great fit. But, we have heard that customer support can be a challenge when working with their team. Also offer API’s to communicate with other software. 

8. Roughneck Software

Roughneck Software offers a suite of tools designed for the oil and gas industry, including accounting and project management. Older Software. To be honest we haven't have a ton of experience working with them. The software feels older just based on the website.

9. Pivoten

Pivoten’s solution, known for flexibility and integration, is primarily aimed at small to mid-sized companies but runs on older technology. They are based in Boulder CO, which is kinda ironic considering they work in oil and gas. I have had a few conversations with accountants who use it and they have said they like it because it is fairly priced and effective.

10. Avatar Systems 400

Avatar Systems 400 supports detailed asset management and regulatory reporting for companies with complex needs. Don't have a ton of experience of people who use their systems. I would put it in the legacy software category.

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Bonus Pick: Joltly | AP Automation for Oil & Gas‍

Joltly isn’t a full accounting system—it’s purpose-built for automating Accounts Payable. It integrates natively with Quorum (ODA and OGsys), QuickBooks Online, and other ERPs to:

• Auto-code field tickets and invoices
• Route bills for approval with custom workflows
• Pay vendors via ACH or check
• Push final data into your GL or accounting system

If you're still handling AP through spreadsheets, emails, and paper checks, Joltly helps you modernize without needing to change your core accounting platform.

Request a demo or see how Joltly fits your existing stack.