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Darn Bear Software

IT Services and IT Consulting

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Darn Bear Software

Overview

Since 1985, Darn Bear Software has created unique software solutions for the oil and gas industry. We are software developers and also experienced oil and gas professionals. We developed Claws®️, a software solution that handles all back-office data processing for purchasers, traders, and transporters in the oil and gas industry. Claws®️ acts best as a sub-ledger managing, tracking, and filing batches of data for your general ledger; run ticket management & pricing, contracts & pricing, division order management, severance & withholding taxes, revenue allocation & payments, transportation, reporting, and 1099 reporting. Claws interfaces with all general ledgers. One Price. A Complete Back Office Software Solution. Schedule a Demo Today. Our primary software product, Claws, is a cloud-based SaaS (Software as a Service) system designed to mirror your company’s workflow, providing the organization, oversight and reporting needed to manage your business efficiently without requiring an expensive investment in IT hardware or resources. Claws manages trading points and trading partners, contracts and pricing, investors/owners and division orders. We allocate volumes from tank batteries and gathering systems and calculate pricing and payments for both purchases and sales. We report severance tax and update the company general ledger.