Struggling to meet interest owner obligations and onboard M&A assets, many land teams are stranded in a reactive mindset where daily decisions about what acreage to develop and sites to drill are clouded by poor access to reliable data, staggeringly large data volumes, and manual workflows. Land leaders are also under intensifying pressure to find new ways to increase productivity and output from their team, contain G&A costs, and successfully navigate the energy transition as they add lease and contract complexity from renewables. The complexities of oil & gas development and the demands of the future have created an imperative for land teams to achieve lean planning, anticipate and proactively solve business challenges bolstered by technology and a data-driven culture that creates a clear view of contractual obligations at the wellhead and integrates business intelligence into day-to-day processes.
Complete Guide to Modernize Your Land Department
In this white paper, you will gain actionable insights that lead to increased business agility, lower technology and G&A costs, and higher margins, including:
- Essential digital skillsets for deploying artificial intelligence to automate lease analysis, navigate vast leaseholds, and gain insights from large volumes of land records.
- Asset optimization strategies that leverage document understanding technology to manage obligations, mine drilling inventory for the best wellsites, and accelerate A&D.
- Sustainable cost containment best practices for automating land workflows and integrating departmental data silos, helping E&Ps grow their bottom line without adding G&A.
- Redeploying land skillsets in the energy transition and upskilling into new contractual territory.
W Energy Software is the only true SaaS ERP purpose-built for land management workflows, accounting, division order, production operations, and regulatory. Clients benefit from the cost savings and additional productivity provided through a fully integrated suite of cloud-based applications spanning lease administration, division of interest (DOI), and revenue disbursement with robust support for integrating our ERP with leading commercial document understanding solutions, including ThoughtTrace.