Easily track oil & gas investments on your desktop.

Well Profits automates how you track and analyze royalty and mineral interest data for family trusts, investment funds and individuals so you have more time to live your life

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Well Profits was created to solve the biggest headaches that our community of non-operators, investors and trust managers deal with.

Any of these sound familiar?
manual typing

Staying up late or going in early to manually typing production receipts line by line

formulas

Struggling with getting complex formulas correct without overwriting other cells

data

Staring at your monthly data only to wonder if what you’re seeing is good or bad

reports

Dreading when distribution reports come in because your office will grind to a halt

stuck desk

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

time

Wondering how you're going to have time to sift through the data enter it all in

If this sounds familiar, don’t worry -- you’re not alone.

Our software was built so you don’t have to spend hours upon hours entering data or struggling to make sense of your reports.

see for yourself

Which Option Fits Your Business?

desktop
Desktop

Manage your mineral and royalty interest data on your desktop

quickbooks
QuickBooks Integrated

Integrate directly with your QuickBooks company for accounting purposes

enterprise
Enterprise

Run your mineral interests on our full accounting system

web
Web

Track your investments on our cloud-based platform

“I was using excel spreadsheets and it got to be too much manual labor. This is a great and economical software that performs well for the non-operator. You will be able to get all of the information for well profits and losses as well as information for your tax returns.”

Wade Cox

Wade Cox, CPA

“It's so much faster than using spreadsheets and at the end of the year all the data should be in the right place for the CPA.”

Maria Pizzo

Hyde Oil & Gas Corp.

“If you are looking for software that is effective, efficient, concise, and powerful Well Profits is the program for your company, regardless of the number or kind of oil and gas investments. Our main concern was that the software produce ownership reports that even non-industry royalty and working owners could understand. With Well Profits, we have that and are able to track our expenses and income on a monthly and yearly basis by well and owner with much better ease than before.”

Brian Hughes

Okie Crude Company

Make sense of your data with automatic calculations in real-time.

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Well Profits

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.

How It Works

1. Import Data to Track Oil & Gas

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

2. Enter Revenue & Expenses

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

3. Create Reports with Intelligent Data

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

See for yourself how it will work for you

request a free demo today

What Makes Well Profits Different?

Oil & gas investments can be a complicated thing to figure out.

You shouldn’t need to spend hours or have a
degree in finance or accounting to track your
investments.

Well Profits makes the process simple by automating the calculations and creating reports to give you the insight you’re looking for all along.

With Well Profits software, you will:

>> Track income and costs in one location

>> Easily make sense of your data or your client's data because the software handles all calculations to give you the bottom line in real time

>> Expedite your year-end tax process by having all data ready for your CPA

wellprofits

A lack of a simple system to track all this data may be costing you

Request a Demo Today to See For Yourself

Frequently asked questions

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 if I want to switch plans once I get started?

If you want to switch plans at any time, simply click on your Account button within your account.

Is there a free trial?

We don't offer a free trial, instead we have a free starter plan you can import data into to get started.

What if I don’t love the software or get the results I wanted?

We think you'll love the software for so many reasons. BUT, if for any reason you do not, you can cancel your subscription at any time from your Account settings.

Who is behind this software anyways?

SherWare, Inc. is the developer of Well Profits. They've been creating oil and gas accounting software for both investors, operators and accountants since 1994 and have clients that have used the software for 25 years across 29 states. For more information on the company and their other products, visit SherWare's website.

What are the differences between your platforms?

We offer four versions of Well Profits. We have the cloud version, the desktop version, a desktop version that integrates with Quickbooks, a version that has a complete accounting system built in (Enterprise edition).

Do you connect to QuickBooks?

Our cloud-based version of Well Profits does not currently integrate with QuickBooks online, but we are developing that as we speak. We do, however, offer a desktop version that integrates directly with your QuickBooks company. For more information and to see this version, please check out our other editions.

What all 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.

Classic users on any of our desktop applications, and enterprise users on the cloud-based version have our report designer included, so you can create custom reports to your heart's desire.



See Well Profits For Yourself