Back Office Services

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Our full-service land administration department is comprised of experienced Lease Analysts, Division Order Analysts, Land Administrators, GIS Mapping Techs, and Attorneys. We tailor our solutions to fit our clients’ needs (from a single staffer on an as-needed basis to comprehensive, department-level support) to set up, maintain records, and perform other related tasks. We work in all land software systems but have made a special effort to master AI software such as ThoughtTrace.

Land Administration

  • Process mail for regulatory filings
  • Make and track payments such as bonus, delay rental, and shut-in royalty payments
  • Create and maintain ROW line lists

Lease Records

  • Assist in full lease process (acquisition, analysis, maintenance, reporting)
  • Assist in lease integration: input leases, contracts, and wells into any land management system by hand or utilizing artificial intelligence software (AI)
  • Digitize land records for land system integration, as well as online viewing, printing, or sharing from any device
  • Paper or digital setup of lease, tract, contract, and well files
  • Provide analysis of land and lease contracts and calculate WI and NRI
  • Research and analyze regulatory orders
  • Review Production on leased tracts to determine HBP acreage/depths
  • Handle lease extensions and releases
  • Generate monthly Obligation and Expiration reports

Division Orders

  • Set up or receive DOI deck
  • Review and analysis of title opinions, DOTOs, unit designations, title spreadsheets, probate and heirship data, leases, and contracts to establish or change ownership decimal interests
  • Calculate Gross Working Interest (GWI), Net Revenue Interest (NRI), and Overriding Royalty Interests (ORRI) on a lease and depth basis
  • Cure title requirements to establish and update ownership records
  • Manage owner relations; create and mail out Division Order packets, receive executed DOs, and update DOI decks
  • Resolve revenue and JIB discrepancies
  • Audit production for ORRI owners to ensure 100% of funds are received from all WI owners

Evolve or Die Whitepaper from Paramount

DO MORE WITH LESS

Innovate your land operations

There are external and internal pressures to operate with maximum efficiency at the lowest cost possible. Fortunately, innovations in technology and staffing now enable land departments to do more with less. It’s evolve, or die.

Check out these 6 steps to innovate your land operations.

Download the Whitepaper