Land Management

OGsys Land Management is used to automate the process of tracking the acquisition and development of oil and gas leases. With the OGsys Lease Records Package, users can obtain timely and pertinent information about an individual lease, a group of leases or any organization of lease data specific to the question at hand. This land program generates lease payment checks, produces financial and lease reporting, provides historical records, and integrates with accounting.

Tracking lease data is a detailed function requiring a major commitment of time. Automation greatly reduces the manual effort required to input and research the information collected. In OGsys the lease data is shared with the entire database thus allowing all users to work from the same records, which prevents the need for duplicate entry.

OGsys land handles three important functions required by Oil Operators. It tracks the detail status of the lease so that information relating to the lease is shared by all departments within a company. It integrates the payment cycles with accounting, which allows the automatic posting of information to the general ledger. It allows users to customize the data capture record and the report outputs.