After the lease is signed and the well is drilled, the land work keeps going. Optima’s land system and administration team manage your files, track lease and contract obligations, and support the revenue side so owners are paid correctly.
What we do
Lease and contract records. Digitize and organize leases, assignments, agreements and title files in our land system, shared through ShareFile.
Obligation tracking. Monitor drilling, leasing and payment obligations, including expirations, continuous-development requirements, shut-in payments and notice deadlines.
Lease maintenance and Pugh reports. Determine acreage held by production at specific depths and formations, and flag acreage at risk.
Contract preparation. Prepare contracts, assignments and Purchase and Sale Agreements with your land team.
Division order and revenue deck support. Build the division of interest from title opinions, set up and correct revenue decks, and prepare division orders.
Owner relations. Answer mineral and royalty owner questions and work ownership changes through to the revenue deck.
Suspense resolution. Clear suspended interests through targeted curative.
What you receive
An organized digital lease and contract file
Lease obligation, maintenance and Pugh reports on the schedule you choose
Alerts for upcoming expirations and deadlines
Division of interest schedules and revenue deck updates
Draft contracts, assignments and agreements
How a project runs
Assess. We review your current records and obligations.
Load. Leases and contracts are entered and indexed in our land system.
Track. We monitor obligations and report on the schedule you set.
Support. We handle revenue deck, division order and owner questions as wells come online.
Why Optima
Our own land system, built for lease, contract and obligation management
Accountants and lease analysts in-house
The same team that ran your title and curative, so records connect from lease to pay
Flexible support, from a single project to an ongoing extension of your land department
Related services
Title Research & Ownership Reports | Title Curative | Leasing & Acquisitions | Due Diligence
Start a project
Tell us the county, the acreage, wells or route, and your deadline, and we will put the right team on it. Submit your project, call (432) 218-2409 or email info@optimalandgroup.com.