Energy Management Software for emerging and mid-sized oil & gas companies
Land Legal Contracts
The Excalibur Land Legal Contracts (LLC) system is an integrated informational system that provides database access to contract information. The system handles land contracts such as JOAs, farm-in and farm-outs, agreements and assignments along with all other types of contracts ranging from gas contracts to vendor contracts. LLC handles not only land-related contracts, but all oil- and gas-related contracts as well as other company contracts. This system includes the ability to image contracts. The contracts can be viewed them in a popular imaging system, and indexed to Excalibur data.
General Highlights
- Tracks contract data, obligations, associated area, contractual parties, remarks and insurance information
- Establishes formatted provisions to provide for constant query reporting
- Associates leases, tracts, well and other contracts for reporting
- Groups contracts by prospect, division and district
- Stores contract detail information by contract type such as JOA, farm-in, farm-out and vendor
- Reports obligation requirements by calendar date
- Supports free-form contract numbering and unlimited contract description
- Allows unlimited remark codes with free-form description
- Reports obligation dates by remark code
- Provides for use of template contract(s) to use as basis of record creation