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
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.
Ready to transform your O&G accounting operations?
Join the waitlist to be among the first to experience AI-powered oil & gas accounting automation.
