Oil and gas software firms iLandMan and OGsys Inc. have entered into a developmental business agreement to offer a fully integrated land management and accounting solution for exploration and production companies. The agreement aims to unite land teams and accounting departments through an integrated technical approach, where data meaningful to each side of the company can be appropriately shared between them.
"OGsys clients and prospective clients have requested that our firm link seamlessly with iLandMan among others. We've heard many times over that full land-life-cycle management, from leasing, to mapping, to divisions of interest, must be offered in a seamless connection," said OGsys President Chuck Blanton.
iLandMan President, Tim Supple, said, "This solution will empower these companies [land departments] to have the most accurate tract and formation-based data in the industry flow directly to a powerful accounting system with ease."
A cloud-based OGsys platform, set to offer E&P companies additional accounting and operations management options, is currently in development.
iLandMan is the an online, real-time, tract and formation-based lease management software for exploration and production companies. The company has offices in Lafayette, Houston, and Oklahoma City. OGsys is a provider of oil and gas accounting software. The company has offices in Fort Worth and Houston.