An attorney and former petroleum landman has created a management
system that, she claims, saves exploration costs through more
efficient operations and quicker project starts.
Nancy Curtis is all about saving money, time and being efficient.
She has created a software program that allows well operators and
other land professionals to manage hundreds of records. Curtis
founded LandMasters Energy Management Systems LLC in August 2008,
and the program has been in development since then.
Curtis is testing the software program with a mineral manager,
petroleum landman and well operator. She expects to launch it in
Designed from scratch, LandMasters is a database that offers
management tools for the well operator, landman and attorney.
The creation by Curtis simplifies the tasks of a landman. In the
oil and natural gas industry, a landman negotiates oil and gas
leases with mineral owners, negotiates business agreements for
exploration and development of oil and gas, determines ownership in
minerals through the research of public and private records and
reviews the status of titles.
"If I had this application when I was doing title opinions in
Washita County or Okmulgee County, where there are so many mineral
owners, it would have saved me a month off the time I put into it,"
Getting the math right
Spreadsheets are valuable, Curtis said, but only to a point.
"But, when you have so many mineral owners, you are going to have
rounding errors and just a lot of math errors," Curtis said. "This
program is set up where we do not have that kind of problem."
Oil and gas exploration and production involve the management of
thousands of acres of land, multitudes of mineral owners, working-
interest owners and land professionals, Curtis said.
"Operators employ dozens of land professionals, many work
independently and in multiple locations to collect land and
ownership data," Curtis said.
Curtis has 15 years of oil, gas and title experience as an
attorney. "I have worked as a landman, drill site, division order,
acquisition and real estate title attorney," Curtis said. The
experience gives Curtis insight into E&P software development.
The resource unites diverse team members by allowing the transfer
of information directly onto the Web, where projects are instantly
updated and reports generated, said Curtis.
"This puts the operator, the landman and attorney all on the same
resource," Curtis said. "Instead of using multiple applications,
they have one set of data."
Operators like to monitor the field help. …