drillinginfo productivity - replacing the courthouse

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Copyright © 2015, Drilling Info, Inc. All right reserved. All brand names and trademarks are the properties of their respective companies. Drillinginfo Productivity Replacing the Courthouse

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Page 1: Drillinginfo Productivity - Replacing the Courthouse

Copyright © 2015, Drilling Info, Inc. All right reserved. All brand names and trademarks are the properties of their respective companies.

Drillinginfo Productivity —Replacing the Courthouse

Page 2: Drillinginfo Productivity - Replacing the Courthouse

Copyright © 2015, Drilling Info, Inc. All right reserved. All brand names and trademarks are the properties of their respective companies. 2

Drillinginfo’s Executive Solutions Series Going Deeper with Intelligent DataDrillinginfo Productivity —Replacing the Courthouse

Also view this case study online: http://info.drillinginfo.com/tour/replacing-the-courthouse/

Page 3: Drillinginfo Productivity - Replacing the Courthouse

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About Drillinginfo’s Executive Solutions for Productivity

Eliminate headaches and accelerate your workflows

Drillinginfo revolutionizes technical workflows and boosts productivity with advanced, specialized tools designed specifically for the needs of today’s:

Geologists Geophysicists Engineers Land and lease professionals Production personnel Other E&P professionals

Page 4: Drillinginfo Productivity - Replacing the Courthouse

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DI Strategy — Replacing the Courthouse

Who Up-and-coming producer What Presented with promising acquisition opportunity for prospect in

Permian Basin Goal Beat competitors also interested in prospect Challenges Process of running title and uncovering ownership of mineral

rights plagued by immense amount of wasted time, travel costs, and valuable resources

Page 5: Drillinginfo Productivity - Replacing the Courthouse

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DI Strategy — Replacing the Courthouse

Step 1 – Analyze Mineral Ownership Step 2 – Evaluate Competitor Holdings Step 3 – Share the Results Step 4 – Maintain Accurate Runsheets

Page 6: Drillinginfo Productivity - Replacing the Courthouse

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DI Strategy — Replacing the CourthouseStep 1 — Analyze Mineral Ownership

Goal Conduct research to confirm seller possessed ownership of existing title and mineral rights before negotiating deal.

Discovery Quickly and easily access all of mineral title reports in a matter of minutes, avoiding valuable time, resources, and travel costs.

With Drillinginfo vs. Without Drillinginfo

Quickly access all mineral title reports in minutes using digitized courthouse records, leases, and mineral ownership and appraisal data sets

Landman travels to county courthouse, waits for index books, and makes copies of documents Wait one week to complete researchPay hefty travel expenses and overhead

Page 7: Drillinginfo Productivity - Replacing the Courthouse

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DI Strategy — Replacing the Courthouse Step 2 — Organize Chain of Title

Goal Organized research materials to provide detailed view of all deeds, titles, mortgages, etc. to verify ownership of mineral rights for the field.

Discovery Land team discussed findings, verified ownership of lease, and confirmed ownership of mineral rights for prospect.

With Drillinginfo vs. Without Drillinginfo

Organized data using “My Runsheet” feature in DI’s CourthouseCreated complete index of chain of title and supporting documents

Sift through pile of paperworkOrganize documents Manually index materials for later reference

Page 8: Drillinginfo Productivity - Replacing the Courthouse

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DI Strategy — Replacing the Courthouse Step 3 — Share the Results

Goal Submit information to company’s title attorney.

Discovery DI’s Courthouse database updated with most accurate information.

With Drillinginfo vs. Without Drillinginfo

Email indexed PDF directly to title attorney using function in “My Runsheet”Download fully searchable PDF and imported file into shareable DNA folder

Bind information Schedule meeting to present findingsSpend several days to completeRelease all materials to title attorney

Page 9: Drillinginfo Productivity - Replacing the Courthouse

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DI Strategy — Replacing the Courthouse Step 4 — Maintain Accurate Runsheets

Goal Regularly update tracts until deal finalized.

With Drillinginfo vs.

Without Drillinginfo

Log into Courthouse weekly to update, organize, and seamlessly share latest version of runsheet

Landman revisits courthouse weekly Locate latest documentsMake copy of records and manually updates existing tractSpend countless hours, travel expenses, and time

Page 10: Drillinginfo Productivity - Replacing the Courthouse

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DI Strategy — Replacing the CourthouseOptimized Results

Instead of traveling, wasting hours in courthouses, and spending multiple nights in economy hotel rooms, landmen bypassed courthouse entirely with DI’s Courthouse — allowing them to seal deal long before other buyers fully vetted opportunity.

Finalized research and due diligence at fraction of normal time and expense Used DI’s Courthouse to outperform the competition Gave landmen access to title information from anywhere Reduce due diligence process to minutes Saved over $20,000

Page 11: Drillinginfo Productivity - Replacing the Courthouse

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Get Better Results with DrillinginfoContact a Solutions Specialist Today!

Thousands of subscribers are taking advantage of the world-class data and enriched insights Drillinginfo provides oil and gas professionals around the globe today.

Contact us today to speak to a solutions specialist for free, no obligation consultation, and to view live demonstration of our legendary easy-to-use oil and gas data platform.

Page 12: Drillinginfo Productivity - Replacing the Courthouse

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