Upstream

Upstream

Hit the Button. Save Millions. Only with ThoughtTrace for Land.

With Over 500 Distinct Upstream Facts and Data Elements Recognized Out-of-the-Box, ThoughtTrace is the Solution Trusted by Industry Leaders to for Document Intelligence – In A&D, in Competitive Leasing, in Operations, and in Day to Day Lease Compliance.

THE THOUGHTTRACE PLATFORM

How it Works

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Separate & Classify

Fast and efficient document separation and classification provides visibility into your obligations and opportunities saving you time to do your job.
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Review & Report

Understand obligations, opportunities, and data quickly and accurately so you can prioritize due diligence based upon risk.
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Group & Organize

ThoughtTrace automates the tedious and error prone task of grouping and organizing information & data found within your contracts, saving you valuable time.
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Extract & Analyze

ThoughtTrace's automated contract data extraction and analytics create complete transparency. The software extracts thousands of provisions & critical data elements.

Acquisitions & Divestitures

Acquisitions & Divestitures

REVIEW THOUSANDS OF AGREEMENTS IN HOURS

Acquisitions and Divestitures are often offered assessed and executed with substantially less information than is ideal to facilitate a transaction. Questions of "What do we own? What are we buying? and What are our obligations?" typically persist long after a deal has closed. ThoughtTrace software can quickly answer these questions before a deal closes.

  • Process an entire VDR instead of taking a sample of transaction leases
  • Easily find critical information in leases without manual review
  • Improve valuation and maximize return with a better understanding
  • Have confidence and bargaining power in negotiations

Identify your Hard Consents, Notice Requirements, Pref Rights, and Drilling Obligations in minutes….yes, minutes.

ThoughtTrace for the Landman

ThoughtTrace for the Landman

Manage your leasehold with 100% confidence

You manage an asset. Engineers, Operations, and Company Leadership are relying on you to know exactly what is in your Leases, ROW Agreements, and more. From Information Requirements, to Water Rights, to Surface Access, to Drilling Obligations, ThoughtTrace software is the inside edge that gives you complete transparency with the click of a button and gives your company the confidence to make fast, decisive, and accurate decisions.

  • Know your drilling obligations – not just that one exists, but to what formation, the type of rig required, and when.
  • Gain a thorough understanding of your water rights across the asset. Which Leases allow you to utilize fresh water? Which allow for Salt Water Disposal? With the insights that ThoughtTrace provides, you can develop a comprehensive strategy to minimize the pain of transporting water on and off Lease.

Surface Rights and Obligations – from deer season in South Texas to obligations to erect Lizard Bridges in the Permian (not a joke!), we have seen, and can extract all of it. 

Land Administration

Land Administration

STOP TREATING ALL YOUR LEASES THE SAME — FOCUS ON THE CRITICAL ITEMS THAT MATTER.

ThoughtTrace uses what we like to call "human-assisted artificial intelligence" for the rapid review, validation and structuring of Oil & Gas documents. With ThoughtTrace software, Lease and Title Analysts are empowered to add strategic value to their organizations, made possible by the combined powers of ThoughtTrace's ability to rapidly identify even the most detailed facts, and the analysts ability to paint a more accurate and comprehensive picture with those facts.

  • Go into far greater detail than ever before leveraging ThoughtTrace’s data model, allowing your provision model to grow and evolve with legal and operational requirements.
  • Facilitate massive productivity increases for day-to-day operations.
  • Automate the most tedious, error-prone and repetitive tasks allowing your best people to focus on the work that adds the greatest value.
  • Automatically identify and separate the most critical agreements in a Lease File.

Take your analysis skills to the next level with the ThoughtTrace Certified Analyst for Land program. 

Ready? We Thought So.

Contact Us

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