Land Systems Archives - Landman Insider.com

Choosing a Land Management System

Choosing  a Land Management System
This article was originally published on the Bluetick LMS website, and is re-printed with permission from Bluetick Inc.The purchase of a land management system is a major undertaking for a company regardless of size. With the importance of data management in today’s environment, the choice will impact your organization for years to come. The data that is produced through that system could live longer than your use of the system. In the following discussion I’ll share some insight that should help you to make wise decisions in this pivotal choice.​ Support - An Important ConsiderationOne complaint I often hear from ...

Lease Provision Penalties: Hard vs Soft

Lease Provision Penalties: Hard vs Soft
In this episode I’d like to chat about a part of lease provisions that people landmen, lease analysts, and land managers may not typically keep track of.  I’ve written several articles in the past on lease provisions, but this will address them from a different perspective. As land professionals, we know that we need to keep track of the provisions that are applicable to agreements we own or manage.  However, it is not always obvious what types of information needs to be captured.  One bit of data that is important for a number of provisions is whether the provision contains a ...

Outsource Your Land Administration

Outsource Your Land Administration
Oftentimes we hear about ‘outsourcing’ and we think negative thoughts.  Some of you may even be expecting to hear about how some company now has lease analysts or division order analysts based in India — although that isn’t what I’m talking about today.  I’d like to discuss a trend I’m seeing in small to medium sized operators that I believe is gaining speed.  I’ve seen a few companies capitalize on this concept by being innovative and ‘ahead of the curve’.  This trend I’m talking about is the outsourcing of land administration duties to outside service companies.  Most of these companies ...

Land Systems: Tract or Agreement Based?

Land Systems: Tract or Agreement Based?
After the previous article introducing some basic tenets of land systems I have received plenty of emails inquiring about land systems.  One reoccurring question has been about the trade-offs between tract based and agreement based systems.  Rather than give my own (biased) opinion, I thought that it would be a great idea to get some experts on the subject to discuss the differences.  This article is styled as an interview between two different companies who have competing land management solutions in the marketplace.  P2 Energy Solutions and Bluetick graciously volunteered to take the time to answer a few questions and educate ...

Land Management Systems – An Overview

Land Management Systems - An Overview
Land management systems (LMS) are used by a variety of companies to manage their assets.  Some of the companies that utilize land systems are E&P companies, mining companies, law firms, pipeline companies, and royalty partnerships.  These systems maintain an electronic catalog of leases, company owned fee lands, rights-of-way, unit designations, and any other type of agreement that may need to be tracked.  These systems not only allow easy record keeping and reporting, but also provide help in managing those properties.  When an organizations land assets become too complex to be managed via spreadsheet, it is time to evaluate the purchase ...


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