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Easily track your oil & gas investments

Well Profits automates how you track and analyze royalty and mineral interest data for family trusts, investment funds and individuals in one location, plus has the ability to integrate with QuickBooks.

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Well Profits solves the biggest headaches our community of non-operators, trust managers and investors deal with.

Manual Data Entry

Working after-hours to manually type production receipts line by line

Spreadsheet Errors

Struggling with getting complex formulas correct without overwriting other cells

Unclear Data

Staring at your monthly data unsure if what you’re seeing is good or bad

Complicated Reports

Dreading distribution reports grinding the office to a halt

Data Trapped

Being stuck at work or having to wait until you get into the office to review your numbers

Data Overwhelm

Wondering when you’ll have time to sift through the data and enter it

Which option fits your business?

Standard

Track your mineral interest data on your desktop.

Professional

Track your mineral interest data and integrate with QuickBooks.

Enterprise

Track your mineral interest data on our full accounting system. 

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WHO USES IT

Well Profits is for you if...

  • The amount of time data entry required to enter all the necessary line items from statements and check stubs is exhausting.

  • You’re not a finance wizard and want to configure reports in whatever format you need for tracking and analysis.

  • You want more than a surface level look at your investments with drill down reporting.

  • You have multiple people managing your investments in office and want to simplify the process.

  • You’re frustrated and anxious using Excel to manually monitor your investments.
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HOW IT WORKS

Make sense of your data with real-time calculations

  • Automate data entry

  • Track revenue & expenses

  • Create intelligent reports

Import data to track oil & gas profit

Import all of your owners, wells, property details, and custom expense codes directly into Well Profits to set up the foundation for tracking data

 
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Keep a pulse on monthly well records

Once you have the foundation set up, enter revenue from production receipts and expenses directly from your bills into the software or automate data entry by importing it straight into the software

 
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Say goodbye to spreadsheet overwhelm

Run reports based on the data entered to see exactly what your profit margins are or create your own reports.

 
 
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Simple pricing plans.

Choose if you need it to integrate with an accounting system or not below.

Standard

$449/mo

Flat fee for up to 2 users

Standalone product to track oil & gas investment data

  • Checkmark Investment Tracking & Reporting
  • Checkmark Import Data
  • Checkmark Document Management
  • Checkmark 8am-5pm CST Email support
  • Video Tutorials & Training
  • Checkmark Onboarding Sessions
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Most popular

Professional

$599/mo

Standard product to track oil & gas investment data with built-in integration with QuickBooks

  • Checkmark Investment Tracking & Reporting
  • Checkmark Integrates with QuickBooks
  • Checkmark Import Data
  • Checkmark Document Management
  • Checkmark 8am-5pm CST Email & Phone Support
  • Checkmark Video Tutorials & Training
  • Checkmark Onboarding Sessions
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Enterprise

$999/mo

Fully integrated accounting product to track oil & gas investment data

  • Checkmark Investment Tracking & Reporting
  • Checkmark Import Data
  • Checkmark Document Management
  • Checkmark General Ledger
  • Checkmark Accounts Receivable
  • Checkmark Accounts Payable
  • Checkmark Payroll
  • Checkmark 8am-5pm CST Email, Phone & Chat Support
  • Checkmark Video Tutorials & Training
  • Checkmark Onboarding Sessions
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FAQ

Curious if it's a fit?

How many wells do I need to use this software?

You can use Well Profits for one well or thousands of wells. Our plans our built to give you flexibility to grow your investments while still being affordable.

 

How much time does it take to set everything up?

With the software’s ability to import the data straight into Well Profits, all you’ll need to do is set up your importing map (we walk you through this step by step) and click import to get started. Most clients getting started are able to get everything set up within a few hours.

 

What's the difference between your platforms?

We offer three editions of Well Profits. We have a Standard version that only tracks the oil and gas investment side, a Professional edition that integrates directly with your Quickbooks company, and an Enterprise edition that has a complete accounting system built into Well Profits. 

 

What can the software track?

Well Profits allows you to track your wells/leases, properties, income and expenses.

 

What reports are available?

Every user automatically has more than 50 reports + graphs uploaded into their account to run at any time: Revenue and Expense Reports by State, Field, Operator, Accounting Year, Accounting Month, Production Year, Production Month, and more.

All users also have access to our robust custom report designer, so you can create custom reports to your heart’s desire.

See for yourself how Well Profits will work for you

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