productively manage your royalty and mineral interest data
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Productively Manage Your Royalty and Mineral Interest Data Presented by: Jim Allison, Oildex Vice President. June 15 , 2013. Royalty Owner Challenges. Difficulty accessing payment data from operators Difficulty accessing monthly statements from operators - PowerPoint PPT PresentationTRANSCRIPT
CLICK TO EDIT MASTER TITLE STYLEClick to Edit Presenter Name, Title
Click to Edit DateProductively Manage Your Royalty and Mineral Interest Data
Presented by: Jim Allison, Oildex Vice President June 15, 2013
Difficulty accessing payment data from operatorsDifficulty accessing monthly statements from operatorsDifficulty tracking critical revenue payments and interests
Royalty Owner Challenges
“The biggest problem is
uninformed mineral
owners.”
*Basin Oil & Gas, accessed January, 2013
Oildex’s Solutions for Owners
History of Revenue Data Exchange and Analytics
Receive Revenue Data Electronically
Quickly access monthly statements
Analyze mineral ownership, leases and revenue data
Demo of Oildex’s Online Portfolio Management Solution: Stakeholder
Agenda
Connecting the North American Oil and Gas Industry
Spendworks
Run Ticket Connect
CDEX Complete
Revenueworks
JIB Connect
Vendor Relations Connect Checkstub Connect
Owner Relations Connect
JIB Complete
Petro ConnectTrendxAFEworks
OPERATORS OWNERS SUPPLIERS PARTNERS
Stakeholder
Oildex Credentials
Helps more than 7,900 companies save time & money
Delivers and protects over $170 billion in transaction detail each year
A network of over 1,300,000 royalty owner connections
Boosts client productivity through efficiency tools
Provides SSAE 16 Type II audited processes and controls
Supports companies’ green initiatives
Oildex’s Solutions for Owners
Exchange, analyze and upload oil and gas production data.
Access web based statements and analyze mineral ownership, leases and revenue data
Electronically process Joint Interest Bills.
eRevenueeStatements ePayables
Web-based tools designed to radically improve the way royalty owners, access, use, analyze and share critical information:
History of Revenue Data Exchange and Analytics
1980 2000 2002 2004 2006 2008 2010 2012
Launched in 1980 with 5 majors
Electronic data format sanctioned by the API
General Electric (GE) facilitated network
Grew to 210 receivers, 90 senders
In 2008, Oildex launched XML version of CDEX to capture richer check stub content
Oildex purchased CDEX network in 2001
Transitioned Checkstub Connect platform to the internet
Grew Checkstub Connect to 800 receivers , 2500 senders
Oildex eliminated paper check stub processing with CDEX Complete in 2007
Oildex delivers digital data to:
Receive Revenue Data Electronically
Checkstub Connect Purchasers & Operators
send revenue data to Oildex
Working Interest Owners
Royalty Owners
History of Revenue Data Exchange and Analytics
1980 2000 2002 2004 2006 2008 2010 2012
Launched in 1980 with 5 majors
Electronic data format sanctioned by the API
General Electric (GE) facilitated network
Grew to 210 receivers, 90 senders
In 2008, Oildex launched XML version of CDEX to capture richer check stub content
Oildex purchased CDEX network in 2001
Transitioned Checkstub Connect platform to the internet
Grew Checkstub Connect to 800 receivers , 2500 senders
Oildex eliminated paper check stub processing with CDEX Complete in 2007
Oildex launched Owner Relations Connect in 2002
Grew network to 1,300,000 royalty owner connections
Quickly Access Monthly Statements
Revenue Payout Gas Balance
JIBs 1099s and more
Communicate directly with operator or remitter
Make address changes online
Access multiple operator accounts via a single, secure login
History of Revenue Data Exchange and Analytics
1980 2000 2002 2004 2006 2008 2010 2012
Launched in 1980 with 5 majors
Electronic data format sanctioned by the API
General Electric (GE) facilitated network
Grew to 210 receivers, 90 senders
In 2008, Oildex launched XML version of CDEX to capture richer check stub content
Oildex purchased CDEX network in 2001
Transitioned Checkstub Connect platform to the internet
Grew Checkstub Connect to 800 receivers , 2500 senders
Oildex eliminated paper check stub processing with CDEX Complete in 2007
Oildex launched Owner Relations Connect in 2002
Grew network to 1,300,000 royalty owner connections
Oildex launched Stakeholder in 2013, the industry’s most intuitive portfolio management solution for royalty owners
Analyze Mineral Ownership, Leases and Revenue Data
Automated loading of payment detail and history
Manage mineral, lease & well information
Easy-to-use reports and graphs for payment analysis
Create custom groups of wells for quick review
The Oildex Advantage
Why the Oil and Gas Industry Chooses Oildex
Questions?
Let’s stay connected!Jim AllisonVice President [email protected] Free: 1.888.922.1222 x111