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ugcenter.com: “Landmen, Land Departments Yielding the Value of Technology Adoption: Measurable ROI Testimonies”

Unconventional Oil and Gas Center

Landmen, Land Departments Yielding the Value of Technology Adoption: Measurable ROI Testimonies

Unconventional Oil and Gas Center

These five companies have all harnessed technology within the last four years to manage their lease acquisition and management of leased assets. In their own words, they all contend they have grown their respective firms three to four times larger and faster than what would have been possible with the methods they used previously.

From Disparate to Disciplined

E&P companies Westward Energy and Escondido Resources both knew the projects they were embarking on required better ways to organize all of the leases they were pursuing. Each had crews working in a half dozen different locations. Westward (Albuquerque, NM) was working with multiple partners in six states to secure more than 200,000 acres. Escondido (Houston, TX) was an early entrant into the Eagle Ford play, obtaining 60,000 leased acres in a 200,000 acre area. Between the two companies they were using spreadsheets, paper, email, and attempting to use Google docs–none of which solved the disparate nature of … click here to read the full article on ugcenter.com

 

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