The following scenarios, while fictional, happen all the time...

Scenario One:

John Called By His Boss to Have a Meeting in One Hour To Determine the Feasibility of Drill Site 23…

John Needs to Know…

• What is the lease status of surrounding tracts?
• What is the NRI?
• What are the physical/cultural problems?
• How many acres are leased?
• Are any acres leased by the competition?
• Who is participating in the lease?
• Are there any restrictions in the contract?

The Old Way:

1. John calls lease records to determine terms and restrictions of the lease.
2. John waits for the lease to be pulled from the lease records department.
3. John looks for a quadrangle map of the area.
4. John calls lease records and checks on the status- hurry!
5. John calls people in the field to check on potential cultural problems.  Oh no!  They are tied up!
6. He waits for call backs and e-mails.   He receives some of the information 15 minutes after the meeting starts and a key lease is missing.
     
John runs into the conference room 20 minutes late and with incomplete information.

The New Way with CompMap:

1. John finds CompMap program on his laptop.
2. John clicks on the Basic Leasehold Ownership Plat and clicks to add cultural features.
3. John adds the TOBIN survey with the Basic Leasehold view and pulls up the related database.
4. He knows NRI, terms of the contract, any restrictions, cultural and surface issues and much more…

John walks into the conference room five minutes early with complete information…he can support a feasibility decision…   John is the “go to” person for his boss and associates.

Scenario Two:

Joe Needs to Move a Drilling Rig in TWO DAYS!

Joe Needs To Know…

• Where are there other potential locations for the next drill site location?
• Are there any lease surface limitations?
• Are the sites drillable?
• Have the leases been signed and paperwork done?
• When do the leases expire?

Old Way….Days for a Solution                                                   

1. Contact geologist
2. Try to schedule meeting with geologist in Houston and landman in Lubbock to compare geological and land maps
3. Contact surface department to assess drill site feasibility
Joe waits…and waits….

New Way …10 Minute Solution

1. Hired MAO COMPMAP service 90 days ago
2. Joe clicks on COMPMAP of potential drill site.  Map includes leasehold ownership plat compatible with geological maps, quadrangle maps and aerial photos.  All maps are integrated into one mapping platform and data base.  Database contains…Lease acquisition costs, gross and net acres, net revenue interest with  BPO/APO, working interest, contract with special provisions, royalty burdens and more...
3. Joe e-mails geologist, landman and surface manager to pull up COMPMAP on the area and call him when it’s on their computer screen.
4. After a 5 minute conference call, COMPMAP exposes an obvious cultural problem with one of the potential sites and the viability of the other drill site is determined, decision made to move the rig.

In both situations, COMPMAP saves time and money. 
Call us for a demo today at (225) 389-1100.