IFS iLandMan, the only cloud-based, tract- and formation-specific system, automates the entire E&P land lifecycle, managing oil and gas assets from acquisition and lease management through revenue calculations to divestiture. It eliminates hours of spreadsheet data entry, typing errors, and duplication via a powerful online database and mapping system, while safeguarding leases with automated obligation schedules and email notifications for Pugh clauses, extensions, shut-in payments, and more. Users gain true leasehold value insights by verifying net acreage tract-by-tract and formation-by-formation, with secure 24/7 global cloud access.

Join for free to read