Here's our list of the top ten production accounting software for oil and gas.
Production accounting sits at the center of upstream oil & gas operations — tracking volumes, ownership, and ultimately revenue. Over the last decade, operators have relied on large ERP-style systems to manage production data, but a new wave of automation is changing how revenue and accounting workflows get done.
Below are some of the most widely used production and revenue accounting platforms in the industry today — along with how newer tools are helping operators automate the most manual parts of the process.
Joltly is a newer platform focused on automating revenue, joint interest billing, and financial workflows without forcing operators to replace their existing systems.
Their newly released Revenue feature allows operators to simply forward revenue 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.
Key strengths:
For operators who don’t want to rip out their production accounting system but want automation layered on top, Joltly is quickly becoming a modern alternative.
Quorum remains one of the most established ERP ecosystems in oil & gas. Their production accounting modules integrate deeply with revenue accounting, land, and financial systems.
Best for:
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.
Strengths:
PakEnergy has long been a staple for smaller operators looking for production accounting combined with revenue distribution.
Best fit:
Enertia offers a full upstream ERP platform that includes production accounting, revenue accounting, and operations management.
Often chosen by:
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.
Strengths:
IFS Bolo delivers enterprise-scale production and accounting capabilities with strong reporting and financial controls.
Best for:
P2 historically provided production allocation and accounting tools that many operators still rely on, especially for field-level production tracking.
While not a full production accounting ERP, EnergyLink plays a big role in revenue statement distribution and owner reporting.
Strength:
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.
For years, production accounting software meant massive ERP implementations. Today, many operators are moving toward a different model:
👉 Keep the production system
👉 Automate the revenue workflows on top
That’s where newer tools — especially revenue automation platforms — are starting to change the landscape.
Instead of manually keying revenue statements or reconciling line items, operators can now forward statements directly into automation pipelines and review structured data instantly.
We recently launched the beta of our mobile app along with our new Revenue feature.
You can forward revenue statements to a dedicated email address, and we’ll process them into clean, organized data — including taxes, deductions, and detailed line items — ready for review.
If you want a demo or have questions:
📧 harrison@joltly.io
📅 Book time via Calendly
Would love to show you what we’re building.
Get quick answers to common queries in our FAQs.
JEL Resources example:
$558.63/month for 25 docs, 10 ACH payments, 2 check
Energy Investments example:
$993.4/month for 100 docs, 50 ACH payments, 10 checks
Joltly connects with major energy ERPs and accounting systems—like Quorum and QuickBooks.
Joltly automates approvals, payments, and document handling—so your team saves time, avoids errors, and skips messy email chains.
Yes. You can tailor your workflows, dashboards, and reports to match how you run your business.
Give Joltly a try and see for yourself if it's a good fit for Saas needs.
