The patented MineralFile royalty management software helps land professionals and mineral owners efficiently and effectively manage oil and natural gas assets using a web browser. The result: no servers or software to buy and maintain and no expensive consultants to hire. The software provides you with the flexibility of accessing your interests from nearly any location with an Internet connection. At the same time, your mineral deeds, oil and natural gas leases and well information are kept secure and accessible only to users you designate.
MineralFile facilitates royalty income and production information tracking by well. Using a familiar spreadsheet-type grid, or import via supported data type (CDEX), users can enter revenue and product information from check stubs, view past and present income information in addition to comparing product prices to those of other users in your area. MineralFile also features a consolidated verification report to assist you in ensuring your oil and gas royalty payments are what they should be. Your personal revenue information is kept secure from other users and is backed up nightly.
Your users will find land information more accessible than ever before. You can search for information in MineralFile as easily as performing a Google search. Once your data is in MineralFile, you can retrieve and print reports at the push of a button. MineralFile can export reports to many common formats including Microsoft Excel and PDF.
With MineralFile your organization no longer needs rows of file cabinets or expensive office storage units. All land and revenue information, such as mineral deeds and oil and natural gas leases, can be scanned and stored along with your assets in the system. You will never again have to call remote offices and wait while they navigate through file boxes to find information about a particular lease or mineral deed.
If your organization buys and sells assets such as leases or mineral rights MineralFile can help reduce the costs of these transactions by facilitating the transfer of land and revenue data from one organization to another. For sellers, this can be an attractive sales tool, helping you maximize the value of your interests. For buyers, this means lower acquisition costs and less time before the information about your purchases is available.
Interested in making sure your production volumes are accurate? MineralFile users now have the ability to view state well production data for wells in their account**. This means that as a MineralFile user you now have access to state well production data that was previously unavailable without an expensive third-party subscription or navigation through difficult state oil and gas agency web sites. You can now view production information by month and product for your wells and compare it to the same information on your check stubs. MineralFile will then automatically highlight any discrepancies for you to review. The service covers all US domestic onshore production available in the IHS Energy database.