Lease Jeopardy Manager
Proactively manage lease compliance risks. Never lose a productive lease.
Monitor leases and wells for Cessation or Restoration clauses to identify marginal or shut-down wells that put the company at risk of losing a land lease and take proactive action
Lease Jeopardy Manager is an integrated platform for effective leasehold and production monitoring, thereby helping field, operations and land collaborate to analyze shut-in wells and wells below threshold for production, revenue and cash flow trends while accessing leasehold documents. Armed with this data, Operations and Asset teams are able to determine the appropriate course of action – whether to bring the well back online, or whether to let it remain shut-in.
BUSINESS BENEFITS
- Helps identify Shut-in and Low Producing wells to monitor and improve production
- Faster informed decision making with access to well production, revenue and cash flow trends and lease documents, all in the same screen
- Pro-active Alerts and notification engine ensure timely intervention for optimal production and cash flow
Features
- Shut-in and Below Threshold KPIs enable effective leasehold monitoring
- Intuitive Map feature to visualize areas and drill-down to wells
- Automated reports and integrated workflow enable effective collaboration between operations and land teams