Work collaboratively from one common shared information repository in the cloud
Well list used and updated for economic valuation and land diligence are shared by engineers and landmen thus keeping everyone on the same page
Pull information from company land system to compile data diligence data. gather, organize associated leases, contracts, and agreements for targeted wells
As the diligence progresses, risks or exceptions are highlighted and worked through collaboratively with instant visibility for relevant stakeholders on potential issues from wells to leases to groups/sub-groups to project level
Faster, cheaper, transparent, and accurate acquisitions or divestiture due diligence operations
Confirm ownership percentages in subject wells and units
Confirm ownership percentages in potential PUDs identified by the engineering team
Validate and confirm contractual obligations and notices from the associated leases, contracts, and agreements
Confirm production volumes and well status of targeted wells using production history data in the common information repository
Efficient documentation and closing with confidence
Create exhibits for the different type of conveyancing documents needed to transfer ownership, record title or operating rights in subject wells
Generate the necessary exhibits and associated paperwork for assignments, notices, consents, and preferential right to purchase obligations triggered by the sale or transfer of ownership of subject wells.
Print exhibits for each type of conveyancing document needed for leases, minerals, royalties and overrides to convey ownership interest in targeted wells
Print letters to all required parties for notices, consents and preferential rights to purchase
Fast due diligence turnaround time on acquisitions or divestiture opportunities
