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Energy 360 by EnerCom

Managing your Critical Data w/ Landdox

21 Apr 2020

Description

James Yockey, Co-Founder of Landdox, sat down with Stuart Turely to discuss all things data management and how Landdox is changing the game when it comes to critical data flow. Key Takeaways: There are many technology  innovations in the oil and gas space that have been adopted, but the land has not always been at the forefront. On the exploration, production and midstream have had some cutting edge technologies. Land group include Landmen and Landwomen - Historically closed a lot of deals on the golf course, and may not have made the change to digital. Land Administration - Records team and responsibilities for the land positions. - Land is the most important asset of the E&P. Division order - responsible for tracking economic for all stakeholders. Owner relations - front line customer services, which is the front line of keeping the land owners happy and communicated on all subjects. Legacy software has been a problem in the past, and with the changes in the additional demands placed on CEO's from investors, they are mandating efficiencies. M&A transactions are going to be critical with the horrible state  of the energy market. Having land portfolio information ready to transition is critical to all portions of the business continuity. Integration with CRM is critical. Enverus direct integration is already ready in the Landdox programs.

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