W Energy Software Celebrates Tenth Anniversary and Updates Business Name
W Energy Software, a Tulsa-based leader in cloud-based upstream and midstream ERP solutions for the energy sector, is celebrating its tenth anniversary by rebranding from W Energy to W Energy Software to better reflect its mission of modernizing energy software and its customer-focused growth, having expanded since 2009 to serve over 100 companies with integrated tools addressing the full oil and gas value chain.
W Energy, an emerging leader in upstream and midstream ERP software, is celebrating its tenth year of business, serving more than 100 companies across the energy value chain. This anniversary coincides with a year marked by rapid increases in market share, strategic acquisitions, and significant organizational growth to meet the demand for the company’s cloud-based ERP solutions. The Tulsa-based software developer also announced an update to its business name, now operating as “W Energy Software.” This change aligns with the company’s core mission to redefine and modernize energy software and marks its anniversary milestone and next stage of growth. The new name, "W Energy Software," also reflects the company’s focus on customers, collaboration, and solving business challenges together.
Founded in 2009, W Energy Software began with a vision to create a unified ERP software platform on the cloud, providing energy companies with a cost-effective and integrated suite of tools. This platform enables users to work with a single dataset and rapidly analyze data, in contrast to other solutions that combine different technologies. The company initially addressed midstream plant accounting challenges and the logistical complexities of oil, gas, and natural gas liquids (NGL) transportation. In 2010, it expanded its midstream and upstream software suite, and in 2013, introduced division order management and group transportation software modules. Today, W Energy Software is a leading provider of oil & gas ERP software supporting the full energy value chain.
Pete Waldroop, CEO and Founder of W Energy Software, stated, “Our new name, W Energy Software, is a logical evolution that clearly defines what we do and our commitment to building straightforward and clearly defined oil & gas ERP solutions, underscoring our unique way of doing business that puts our customer and their brand first instead of ours.” Waldroop added that customers have long referred to the company as “WE,” which reflects the company’s culture of collaboration and customer value, a concept also present in “WE Connect,” the annual software user conference. He concluded, “Ten years after I launched the business, W Energy Software has established itself as the oil & gas ERP software of choice, as evidenced by our increasing market share and new customers who have left the competition in droves. Again, it’s all something WE have built together as a team and with our valued clients.”
Waldroop is a veteran energy professional and executive manager who previously led initiatives for Quorum Software and Accenture before founding W Energy Software. The company remains under his leadership, maintaining its commitment to customer value that has driven its growth into a category leader for oil & gas ERP software. The anniversary and name change follow the appointment of Mark Hill as Chief Revenue Officer, who is tasked with scaling the company for sustained growth. These developments mark 2019 as a significant milestone, with W Energy Software poised for further growth in 2020.
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