3 Reasons to Outsource Land Administration
Outsourcing your land work can help you solve many organizational problems. Resources are limited on-site, and with the increase of scalability concerns, it can be difficult to keep up. Endatus is a full-service Land Administration group that offers services and software to help E&P companies with their back-office operations. Our team can replace or supplement in-house staff for your land, lease records, division orders, and owner relations departments. Uncertain industry fluctuations can be difficult to handle. We provide essential land administration services without unnecessary costs by outsourcing only what you need from our staff of knowledgeable experts. Here are three reasons to outsource land administration.
1.) Lease Records
We ensure accurate lease records are maintained and updated in our database or remotely into your system. We provide monthly expiration reports, obligation compliance analysis (OCA), shut-in payments reports, and more. Our certified professionals perform a tract-level review of leases for vital clause verification to monitor HBP acreage/depths validation on the GIS data we receive from you and much more!
2.) Division Orders
We set up and maintain lease, contract, and well records in our system or remotely into your own. We provide monthly expiration reports as well as obligation reports that analyze shut-in obligations and monitor shut-in payments. Certified analysts perform a tract-level review of leases for vital clauses on leased tracts to determine HBP acreage/depths while we validate GIS data through production analysis.
3.) Owner Relations
We provide a live response to inbound calls, emails, and physical mail. We also handle mass mailouts, searches for missing owners of unlisted companies, as well as weekly contact reports.
A dedicated team of analysts, Endatus is created to help companies manage their oil & gas leases. After a lease expires and obligations are fulfilled, the company can contact our certified staff who offers business support services as needed. Contact us today to learn more. Don’t forget to follow us on Facebook!
