Software that reads your check stubs and vendor bills for you.
Intelligent oil and gas accounting software means one thing at a small operator: you review documents instead of retyping them. Scan a revenue check stub or forward a vendor bill to your company's own email address, and it arrives in Envytory as a draft: the purchaser and wells matched on a stub, the vendor matched on a bill, master-meter checks split to their member wells, Texas severance computed for the production month. Nothing posts until you say so.
Key takeaways
- A check stub keyed by hand is purchaser, wells, volumes, prices, taxes and deductions, line by line, every month, in every purchaser's own layout.
- Read by software, the same stub arrives staged and matched; you check it and post it.
- Vendor bills forwarded by email land as drafts matched to the vendor, never posted until approved.
- Intelligent means it does the reading. Deciding, approving and posting stay with you.
How does a revenue check stub get into your books today?
A purchaser sends a check and a stub. The stub lists each well or lease, the product, the volume, the price, the gross, the taxes, the deductions and the net, in the purchaser's own format. Someone at your shop reads it and keys it: one line per well, one stub per purchaser, every month. A master-meter check, where several wells sell through one meter, has to be split to the member wells by hand before it can be entered at all. Texas severance is computed alongside. It is careful, repetitive work, and it usually happens in the evening.
What happens when the software reads the stub?
Two ways in, and both end in the same place:
- Upload the scan or PDF, several files for one check if that is how it arrived.
- Forward it by email to your company's own address in Envytory.
The stub arrives as a staged revenue entry. The purchaser is matched. The wells are matched to your wells. A master-meter check is split to its member wells by your commingle percentages. Texas severance is computed for each production month, and anything that looks off is flagged for you. You open it, check it against the paper, and post it. If it is wrong, you fix the line or reject it; nothing has touched the ledger.
What about vendor bills?
The same two doors. Forward a vendor's invoice to your company's address, or upload it, and it lands as an accounts payable draft with the vendor matched. It waits for your approval. Open it on your phone from the truck, approve it, and it is ready to pay in the next run. Bills from a sender your company has never seen are held until an administrator approves the sender, so nothing arrives in your books from a stranger.
What does "intelligent software" mean, and what does it not mean?
It means the software does the reading and the matching: the tedious, error-prone part that costs a small operator hours every month. It does not mean the software decides for you. Nothing is auto-posted. Every draft carries what was read and where it came from, and you approve it, change it or reject it. The judgment stays with the person who knows the wells.
How accurate is it?
Accurate enough to trust and easy to check. Every staged entry shows its source document beside it, so review is a glance, not a re-key. On a real operator's gas check with thirteen member wells, the staged split matched the operator's own allocation spreadsheet to the cent. Where a stub layout is new or a line is ambiguous, the entry is flagged rather than guessed, which is the behaviour you want from a tool that handles owner money.
The result is the point of the whole product: fewer hours at the desk, more at the well. If the stub pile is the slowest part of your month, this is where it goes.
Questions operators ask
Does the software post revenue automatically?
No. A stub arrives as a staged draft, matched and computed, and stays a draft until you review and post it. Nothing reaches the ledger without your approval.
What about a master-meter check that covers several wells?
It is split to the member wells by the commingle percentages on file for that meter, so each well gets its share of volume, price, taxes and deductions before you review it.
How do vendor bills come in?
Forward the bill by email to your company's own address in Envytory, or upload the scan or PDF. It lands as an accounts payable draft with the vendor matched, waiting for approval.
Is Texas severance handled?
Yes. Severance is computed for each production month on the stub, and variances from the expected rate are flagged for review.
Two free weeks, on your own books.
We load your data and run your month alongside your current system. A card holds your spot; nothing is charged during the two weeks, and after that the year is invoiced. Founding price 500 a month, billed annually, locked. Twenty seats.
Start your two free weeks Or book a twenty-minute demo