Land departments everywhere struggle to comprehensively manage lease and contract obligations, divisions of interest, interest decks, and GIS mapping, which is why we continue to work on, iterate, and develop land databases. First and foremost, we strive to practice continuous innovation to provide solutions to today’s complex land issues and questions.
The Real Deal: Data Migrations vs. Data Conversions in Land
In land management, data is crucial in understanding and maintaining your lease position, but fundamentally, all data has issues. Data integrity is critical, especially when you need to move, convert, or otherwise manipulate data within a land system. So how do you maintain your data and ensure its accuracy? A data conversion, i.e. data consultancy, is a surefire way. First, let’s discover the true nature of a data migration and a data conversion, two techniques people believe to be the same but are starkly different.
An article was recently published comparing oil and gas land systems, and while we are honored to be included, the article was published with a few errors. We thought we’d take this opportunity to set the record straight and divulge more detail – accurate detail – as it pertains to P2 iLandMan. (We've since been in touch with the author of the article and believe the errors have been cleared.)
How Does Your Land Management System Stack Up? Use a Simple Flowchart to Assess
If you’re trying to understand whether your current land solution is best suited and optimized for your organization, this article is for you. If you’re considering a new land system, or are unsure as to whether a new land system might be beneficial, this article is for you. In fact, whether you’re a land manager, landman, lease administrator, division order analyst, finance guru, or GIS manager, this article is also for you.
Robert Carmody, an experienced geographic information systems consultant at P2, explains and demos a new functionality within P2 Land, our best-in-class land software that helps oil and gas professionals better manage their land and lease tasks.
The new functionality – zooming to a map from a legal – allows users to launch a map from a legal description and see shape for shape what that legal description looks like.
The oil and gas industry is continuously evolving and changing. As upstream oil and gas systems get more sophisticated, the software used to track and manage those systems continues to evolve.
Integration between different core functions within an upstream oil and gas organization has become increasingly important. These integrations offer more than just automated processes; they lend themselves to increased productivity and a centralized repository of information that’s integral to any growing upstream oil and gas company.