Introduction to DI LandTrac
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DI LandTrac is a mapping tool that provides accurate lease polygon data to help users make faster decisions about oil and gas leasing opportunities. It maps individual data points that outline lease boundaries based on official legal descriptions, integrating production, permitting, and completion data. Users can search across millions of polygons covering 95% of major U.S. oil and gas basins to locate expiring leases, top lease opportunities, and acreage held by production. The monthly updated database helps users stay ahead of competitors to monitor the market and find new leasing prospects.
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Introduction to DI LandTrac
- 1. INTRODUCTION TO DI LANDTRAC August 2015
- 2. WHAT IS DI LANDTRAC? DI LandTrac maps the individual data points that outline lease polygons. The accuracy of this visual intelligence, allows customers to see relevant leases in their area of interest and make better, faster decisions. 2
- 3. DI LANDTRAC OVERVIEW WHY? Stay ahead of the competition and find opportunities faster DI LandTrac is based on official legal descriptions delivering exceptional accuracy Complete, valuable view of acreage to enable quick, confident decisions WHO? E&P Companies actively leasing/drilling wells Field Landman, Lease Brokers, Royalty Buyers and A&D Managers HOW? Drillinginfo GIS experts create DI LandTrac polygons using actual metes and bounds or quarter call descriptions related to a property within specific counties With several million map polygons spanning 327 counties in 14 states for roughly 95% coverage across U.S. oil and gas producing states Sophisticated, easy-to-use search tools that simplify and shorten the process of finding and researching relevant acreage 3
- 4. PRODUCT DETAILS: DI LANDTRAC LandTrac is based on official legal descriptions to deliver exceptional accuracy. Competitors can’t provide this accuracy because their data is built using surface tract proxies – LandTrac Leases: drawn directly from original mineral leases filed back to 2002 and their original source deeds – LandTrac Units: reflect plat from permit filings Locate relevant acreage in your area of interest including land that is Open, Expiring, and Top Lease opportunities Data has been integrated with our production, permitting, and completion information to help users determine acreage held by production (HBP) or undergoing exploration activity unit information Zoom in to a region to see if a producing well was drilled during the term of the lease Quickly understand royalty, leasing, and purchasing opportunities Accessing all of this vital information in intuitive map layers provide a uniquely complete, valuable way to view acreage 4
- 5. PRODUCT DETAILS: DI LANDTRAC Expanding, up-to-date coverage including more than several million map polygons spanning more than 327 counties in 14 states Encompasses over 95 percent of all U.S. prolific oil and gas producing states for which Drillinginfo collects leasing information Drillinginfo adds tens of thousands of new polygons every month, and leasing and permit information is updated regularly to reflect new production, permitting, and completion activity Geospatial integration includes sophisticated, easy-to-use search tools that simplify and shorten the process of finding and researching relevant acreage Coverage States Arkansas California Colorado Kansas Louisiana Michigan Montana New Mexico North Dakota Ohio Oklahoma Pennsylvania Texas Wyoming 5
- 6. KEY HIGHLIGHTS – DI LANDTRAC Fastest way to find expiring, top lease and open acreage opportunities Exceptional accuracy, updated monthly using legal property descriptions and displayed within intuitive map layers to provide a complete, visual view of acreage to enable quick, confident decisions Easy-to-use search tools to quickly find and research relevant acreage that shorten the process of finding and researching relevant acreage Comprehensive solution including more than 327 counties in 14 states and 2 million polygons Expanding database that increases by 5 to 75 counties per quarter 6
- 7. HOW DI LANDTRAC HELPS CUSTOMERS Monitor and find leasing and top lease opportunities By enabling you to access up-to-date leasing and producing unit information via intuitive map layers, DI LandTrac makes it easy to locate relevant acreage in your area of interest, including land that’s open, expiring, and top lease opportunities. Data is integrated with our production, permitting, and completion information to help users determine acreage held by production (HBP). Unlike traditional land ownership databases compiled using hit-or-miss surface tract proxies, DI LandTrac is based on official legal descriptions and updated monthly to deliver exceptional accuracy. 7
- 8. FEATURES AND BENEFITS Feature Benefit Sophisticated, easy to use search tools Simplifies and shortens the process of finding and researching relevant acreage Thousands of new polygons added monthly Access to the most current, complete and accurate information relevant to leasing, purchasing or royalty opportunities to help you stay ahead of the competition Polygons are created using actual metes and bounds related to subject property within specific counties Official legal descriptions provide exceptional accuracy Data is integrated with Drillinginfo production, permitting, and completion information Integration of all relevant data makes it more easily to determine acreage held by production (HBP) Database is updated monthly Access to the most up to date, accurate information for Federal, State, and Fee leases Spatial Assignment Spatial assignees are leases that Drillinginfo has determined have been assigned to a new party through spatially joining well and lease level data on a per county basis. Use spatial assignee data points to gather information on competitors’ true lease holds 8
- 9. EMPOWERING OUR CUSTOMERS With DI LandTrac, you can monitor and find leasing and top lease opportunities faster than ever before By monitoring the market, Drillinginfo continuously delivers new, unique, and innovative oil & gas solutions that enable our members to sustain a competitive advantage in any environment. Drillinginfo members constantly perform above the rest because they are able to be more efficient and more proactive than the competition. Do More with Less EFFICIENT PROACTIVE Identify Opportunities Faster COMPETITIVE Succeed in Any Environment 9
Editor's Notes
- We have been very busy expanding our land coverage over 2010. For Basic members, this means more counties are covered for leasing activity. For Plus members, this means more counties released with Mineral Tract outlines mapped by our crack GIS team from the legal descriptions in the lease documents, which, by the way, is the first time a land ownership database has been built from the reality of legal description versus the less accurate method of surface tract proxies, and Drilling Unit outlines, which covers the mineral tract or tracts that comprise an original unit. These two are known as LandTrac Leases and LandTrac Units. More importantly, once built, we keep them updated along with new leasing activity!
- Total productin across US, how much production does that account for? Look at total production by state and which state we cover. ??95% of counties where oil and gas is produced
- Mineral Leases are signed on a relatively short time period generally 3-5 years If a lease has a well drilled on it which becomes an actively producing well, the lease moves to a state called Held by Production (HBP) At the end of 3 year term, when it would normally expire, those mineral rights instead remain held by the well as long as it remains producing at an economically viable rate. Top lease opportunities: get a lease before the lease comes on the market again.
- This means you’re always working with the most current, complete, and accurate information relevant to leasing, purchasing, or royalty opportunities.
- All states lease expansion project 2011 – added 70-80 counties; Greg or Quanah Greatest number of counties added by auto plotting and manual plotting in one year; what’s greatest quarter and year Per Greg Restrepo -- 76 was speaking to the ASLE project specifically. Q3 2012 saw the greatest number of LandTrac releases with a total of 79 counties. That was also our biggest year with 99 county releases.
- Add top lease here too
- Spatial assignments – see Joanna;