Legacy ERPs record the past.
Blackwell runs the present.
An AI-native system for oil and gas accounting. Allocations calculated by rule, entries drafted by AI, and every approval recorded.
Allocations, partner billing, and exception management. Every line calculated by rule, with the supporting math attached.
Live multi-view lease operating statements, with variance analysis and accruals drafted automatically.
Production data, revenue recognition, accruals, and regulatory reporting connected. The manual spreadsheet work disappears.
Where the complexity
lives.
Joint ventures, royalty decks, AFEs, hedging. Upstream finance runs on structures most software has never met.
Capital expenditure planning across the drilling program. Cash flow and returns modeled by asset.
Drilling program modeling · Cash flow projections · ROI analysis by assetAudit trails and documentation kept current, with PBC schedules prepared as the work happens.
PBC preparation · Compliance monitoring · Audit trail documentationCorporate financial reporting, lease operating statements, and ad hoc reports, all built on the same reconciled numbers.
Decline curve analysis · Economic limit calculations · PV-10 valuationsPartner billing, statements, and communications run from one record of each relationship.
Partner billing automation · Statement generation · Communication trackingConnections into the ERP, production systems, and data providers you already run.
ERP system connectors · Production data feeds · Market data integrationSecurity a controller can verify, with the industry's regulatory requirements built into the work.
SOC 2 Type II certified · Role-based access control · Regulatory complianceYour AI accounting
partner.
Blackwell's assistant is built with senior O&G accountants with decades of experience. It does not train on your data. The industry's accounting arrives already built in.
Immediate answers on complex financial data.
Every calculation traceable, compliant with industry standards and with GAAP.
Built on a deep base of upstream and midstream operations.
Move beyond spreadsheets.
Less manual work, less consulting spend, and a close that ends on time.
Built to understand energy
from day one.
Unlike general purpose AI tools, Blackwell is pre-built for oil and gas finance operations: lease-level allocations, JV structures, production reporting, and regulatory requirements. None of it is learned from your sensitive data.
Rules and workflows written with CFOs and controllers with decades of oil and gas experience.
Upstream · Midstream · Mineral & royalty · Non-opJoint venture structures, working interest calculations, and revenue distribution methodologies across all major basins.
Revenue distributions · JIB allocations · Division order managementProduction reporting, lease operating expenses, and how field operations translate to financial statements.
LOS reporting · LOE categorization · Budget tracking and scenario modelingSEC reporting requirements, GAAP standards, and state regulatory frameworks for oil and gas accounting.
Accrual calculations · Impairment testing protocols · Audit trail requirementsComplex operations,
run as workflows.
Coding, allocations, AFE tracking, and non-operated statement processing, each carrying its trail into review.
Journal entries drafted automatically · Division order management · AFE variance analysis · Partner billing and reconciliationOperating expenses tracked and categorized across every asset, with budget variances flagged before they become overruns.
Real-time expense categorization · Budget variance alerts · Well-level cost allocation · Accruals drafted automaticallyRevenue distributions, severance tax calculations, and non-operated revenue statements, with irregularities flagged inside the transactions.
Automated distribution calculations · Division order tracking · Irregularity flagging · Revenue reconciliationsPlanning, forecasting, and analysis.
Past the core accounting functions, Blackwell carries the tools for what comes next.
Rules written with senior O&G accountants. It does not train on your data.
Ask in plain English; the financial analysis comes back with its sources.
Unusual patterns, variances, and potential issues flagged across your operations.
Historical data and industry trends inform forward-looking financial guidance.
Keep the systems that
run your business.
Blackwell sits across your ERP, production, land, and revenue systems. It connects the work they leave between them; it does not ask you to rip anything out. The parallel run starts from the stack you have today.
One financial operating
layer for the work.
The capabilities, not the method. We keep the how to ourselves. Get in touch to go deeper.
Prove it on your books.
Blackwell runs beside your current system, on your books, against criteria you set, until your numbers say cut over.