Features Built for Oil & Gas Finance

Comprehensive automation and intelligence for every aspect of upstream and midstream financial operations

Joint Interest Billing (JIB)

Transform weeks of manual accounting work into intelligent analysis in minutes. Our AI handles coding, allocations, AFE tracking, and non-operated statement processing with unprecedented accuracy.

Automated journal entry creation
Division order management and tracking
AFE variance analysis and reporting
Partner billing and reconciliation
Lease Operating Expense (LOE) Tracking

Track and categorize operating expenses across all assets with real-time visibility. Automated expense allocation and budget variance analysis keep you ahead of cost overruns.

Real-time expense categorization
Budget variance tracking and alerts
Well-level cost allocation
Automated accrual management
Revenue & Regulatory

Our AI handles complex revenue distributions, severance tax calculations and reporting, and non-operated revenue statement processing with unprecedented accuracy.

Automated revenue distribution calculations
Division order management and tracking
Automatic identification or irregularities in revenue transactions
Revenue related reconciliations
Complete Financial Operations Suite

Beyond core accounting functions, Blackwell provides comprehensive tools for planning, forecasting, and strategic analysis

CapEx Forecasting

Al-powered capital expenditure planning with drilling program optimization and cash flow modeling.

  • Drilling program modeling
  • Cash flow projections
  • ROI analysis by asset

Audit Preparation

Streamlined audit trails and documentation with automated PBC preparation and compliance monitoring.

  • Drilling program modeling
  • Compliance monitoring
  • Audit trail documentation

Reporting

Pre-built, customizable corporate financial reporting, lease operating statement, and ad hoc reporting capabilities.

  • Decline curve analysis
  • Economic limit calculations
  • PV-10 valuations

Partner Management

Comprehensive partner relationship management with automated billing, statements, and communications.

  • Partner billing automation
  • Statement generation
  • Communication tracking

System Integrations

Seamless connections to existing ERP, production systems, and third-party data providers.

  • ERP system connectors
  • Production data feeds
  • Market data integration

Compliance & Security

Enterprise-grade security with SOC 2 compliance and industry-specific regulatory adherence.

  • SOC 2 Type II certified
  • Role-based access control
  • Regulatory compliance
AI-Powered Intelligence

Beyond core accounting functions, Blackwell provides comprehensive tools for planning, forecasting, and strategic analysis

Built-in Domain Expertise

Our AI doesn't learn on your data—it already knows the industry. Trained by senior O&G accountants with 10,000+ hours of expert knowledge.

Natural Language Queries

Ask complex questions in plain English and get detailed financial analysis instantly.

Anomaly Detection

Automatically identify unusual patterns, variances, and potential issues across your operations.

Predictive Insights

Leverage historical data and industry trends for forward-looking financial guidance.