See the top ten tools for automating revenue in Oil and Gas
Across upstream operators, the production accounting stack does the same handful of jobs. It allocates volumes by well and ownership, calculates severance and ad valorem withholdings, produces revenue statements for owners, and creates joint interest bills for non-operating partners. Most of these platforms started as on-prem ERP installs in the 2000s. A few — including the one we built — were designed to run on top of whatever's already there.
Below is a comparison of the eight platforms operators ask us about most often. Beneath that, the full top-ten with notes on who each one's for.
Where each tool actually wins — and where it falls short for modern upstream workflows.
| Capability | Joltly | Quorum | W Energy | PakEnergy | Enertia | OGsys | EnergyLink |
|---|---|---|---|---|---|---|---|
| Cloud-nativeBrowser-first, not server-room | ✓ | ~ | ✓ | · | ~ | · | ✓ |
| AI statement OCRForward a statement, get data | ✓ | · | · | · | · | · | ~ |
| Works with any formatPDF, image, scanned, carrier-specific | ✓ | ~ | ~ | ~ | ~ | · | ~ |
| QuickBooks integrationPush entries to your existing GL | ✓ | · | · | ~ | · | · | · |
| Joint interest billingEnd-to-end JIB + partner mail | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | · |
| Modern mobile appApprove and review on the go | ✓ | ~ | ~ | · | · | · | · |
| Layered on existing ERPNo rip-and-replace required | ✓ | · | · | · | · | · | ~ |
| Usage-based pricingPay for documents, not seats | ✓ | · | · | · | · | · | · |
Joltly is a newer platform focused on automating revenue, joint interest billing, and financial workflows without forcing operators to replace their existing systems. The newly released Revenue feature lets operators forward statements to a dedicated email address — the system extracts line-level detail including taxes, deductions, and owner allocations, and organizes everything into clean, reviewable data.
Best fit Operators who don't want to rip out their production accounting system but want automation layered on top.
Quorum remains one of the most established ERP ecosystems in oil & gas. Production accounting modules integrate deeply with revenue accounting, land, and financial systems.
Best fit Mid-size to enterprise operators executing a full ERP replacement strategy.
W Energy provides a cloud-based accounting and production solution with strong reporting capabilities. Many operators use it as a centralized financial and operational platform.
Best fit Operators looking for integrated accounting and production workflows with a modern UI compared to legacy ERPs.
PakEnergy has long been a staple for smaller operators looking for production accounting combined with revenue distribution.
Best fit Small to mid-market operators running traditional accounting workflows.
Enertia offers a full upstream ERP platform that includes production accounting, revenue accounting, and operations management.
Best fit Companies wanting an all-in-one legacy-style ERP.
OGsys has been used for decades in production and revenue accounting. While many operators are migrating toward cloud solutions, OGsys still supports a large installed base with deep industry functionality and strong legacy workflows.
IFS Bolo delivers enterprise-scale production and accounting capabilities with strong reporting and financial controls.
Best fit Larger operators with complex ownership structures.
P2 historically provided production allocation and accounting tools that many operators still rely on, especially for field-level production tracking.
Not a full production accounting ERP, but EnergyLink plays a big role in revenue statement distribution and owner reporting — the wire between operators and the partners they pay.
Many operators still use legacy revenue accounting systems like Integra for statement processing. Increasingly, companies are layering automation tools on top of these platforms to reduce manual entry.
03THE SHIFTFor years, production accounting software meant massive ERP implementations — multi-quarter installs, custom training, big-bang cutovers. The assumption was that the system that calculated your volumes had to be the same system that did everything else, including revenue.
That assumption is breaking. The math behind production accounting is still hard — well allocations, ownership decimals, severance tax, suspense — but the manual handoff between calculating revenue and actually moving the money is what eats your close. Operators are starting to keep the system that does the math, and layer automation on top for the parts that don't need to be re-invented.
The pattern The accounting system calculates and stops. Everything downstream — statement OCR, partner mail, JIB collection, GL posting — is what gets automated on top.
04THE PAYOFFConcretely, here's the shape of a close once revenue automation is layered on top of the production accounting platform you already have.
Most production accounting platforms calculate well, generate documents well, and stop at the point where revenue needs to move. Joltly is the layer that doesn't stop there.
Joltly·Built for oil & gas·Production accounting + revenue automation
If you want to see what a forward-and-extract revenue workflow looks like across your real statements, we'll walk through it live and show you what's on the roadmap for JIB and payments.
Written by the Joltly team. We build AI-powered AP, invoice automation, and modern revenue payments for oil and gas operators.
Get quick answers to common queries in our FAQs.
You only pay for what you use — no seat fees and no modules you don't need. Pricing is a monthly platform fee plus usage on documents processed, ACH payments, mailed checks, and the workflows you turn on. We size it to your actual monthly close so it scales with the work, not your headcount.
A smaller operator running 25 documents, 10 ACH payments, and 2 mailed checks a month would be priced on that exact volume. A larger operator at 100 documents, 50 ACH payments, and 10 checks pays predictably more. You always know what you're spending because it tracks the actual close.
Joltly connects directly to QuickBooks and Quorum On-Demand Accounting, and supports file-based export workflows for systems like PakEnergy and Integra. It manages accounts, items, vendors, partner mappings, JIB clearing, revenue liabilities, and netting accounts inside your existing setup.
Both sides of settlement. On expenses: invoice review, GL coding, approvals, JIB creation, ACH and check payments. On revenue: statement OCR, partner distributions, remittance emails, and netting between JIB receivables and revenue payouts — so your team replaces spreadsheet work and email follow-up during close.
Yes. Your wells, partners, revenue interests, GL mappings, approval flow, export formats, and partner-facing statements are configured per operator. Most customers go live on their existing chart of accounts and ERP setup — no rebuild required.
