Upstream Oil & Gas Industry

With Over 500 Distinct Upstream Contract 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.

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The ThoughtTrace Platform

HOW IT WORKS

Upload, Process & Extract

Simply upload your documents and ThoughtTrace intelligently reads, classifies and categorizes them. Process one document or tens of thousands at a time. Identify and extract even the most detailed, use case specific information.

Search, Find & Share

Ask the most specific, hard to find questions with only a handful of mouse clicks. In minutes or even seconds, locate the most relevant information (rather than days, weeks or months). Then, easily share your findings with your entire team.

Review, Validate & Collaborate

Review your documents, in detail, through the intuitive ThoughtTrace interface. Validate based on your business rules with easy to configure attributes. Collaborate across your company to break down information silos and understand the "whole picture."

Iterate, Integrate & Outperform

With ThoughtTrace’s Network AI Model, leverage data that is always getting smarter. You can leverage our Rest API to integrate into related systems such as ERP, CRM and more. Your team will set the standard for data driven decision making, thought leadership, and strategic impact.

REVIEW THOUSANDS OF AGREEMENTS IN HOURS

Acquisitions & Divestitures

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.

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

MANAGE YOUR LEASEHOLD WITH 100% CONFIDENCE

ThoughtTrace for the Landman

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 the confidence to make fast, decisive, and accurate decisions.

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. 

STOP TREATING ALL YOUR LEASES THE SAME — FOCUS ON THE FINE DETAILS

Land Administration

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.

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

Customer Success Stories

WPX Energy uses Contract Intelligence to Extract Detailed Offset Obligation Data WPX Energy
WPX Energy is a progressive and ambitious energy company that encourages a culture of evolution and embracing the best tools available to help their team solve challenges. WPX leadership asks every department to be opportunistic – to take stock of every product and procedure with a charge to increase efficiencies with new technology… Ashley Misiewicz Content Marketing
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Ursa – Moving from Months to Minutes with ThoughtTrace ThoughtTrace Customer Ursa Resources
Ursa Operating Company’s VP of Land and Business Development, Kelly Muldoon J.D., CPL, spent many years with a super major where high tech solutions are abundant, but the efficiency to implement these tools could be challenging. When Kelly started with Ursa he wanted to operate with the sophisticated tools of a large organization and the efficiency and agility of a small company. With this end in mind, he helped to champion technology that did just that. Ashley Misiewicz Content Marketing
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Are you ready to unlock the value in your documents? Get Started Today!

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