Quorum Prospect Management™ - Software Solution

Software for project developers to prospect and assemble control of land / property positions

Quorum Prospect Management™ addresses the needs of project developers as they prospect and assemble control of land / property positions to support their projects.

Applicable to renewable energy (wind generation), oil and gas land and lease, pipeline right-of-way, and natural resource land management (mining and forestry)
Perform analysis on the progress of the acquisition project, including:

Track desired acreage by status and acreage totals (acreage under control, leased, pending, optioned, no interest, etc.)

Track competitor and partner acreage

Analyze acreage related to project objectives (wind quality, proximity to play, etc.)

Configurable work flow logic to guide processes including automated triggering of next step prompts and notifications
Specific web-based tools for personnel in the field to capture and maintain daily activities
Integrates with enterprise GIS to support spatial analysis
Integrated with Land Management
Quorum Multi Dimensional Reporting BI software solution

Quorum Prospect Management

Input Data

Owner & other contact information
Parcel information & acreage
Scanned documents

Information Managed

Parcel & project status
Related parcels to projects
Acreage & property description
Contact management

Processes

Capture leased vs. non-leased acreage
Tract parcel status
Analyze acquisition progress
Mapping

Deliverables

Alerts & notifications
Project & parcel acreage status reports
Maps

Output Data

Ad-hoc inquiries
GIS integration
Ownership, property & acreage information for executed agreements
Agreement export for land management

Why Quorum Prospect Management?

A true, single, enterprise-wide repository for acquisition projects
Degree of access can be granted to users across the enterprise in a logical, secure manner, according to user-defined role definitions
Drill into details from map
Incorporates specific energy industry attributes
Integrity of design ensures control compliance and support for audit
Support for variety of pre-configured and ad-hoc reports, as well as business intelligence
Support for integration into other relevant systems including Quorum Land Management and Quorum GIS
A component of Quorum's enterprise wide energy software solution portfolio - can be deployed stand-alone or integrated with other enterprise solutions

Quorum Prospect Management is used by various industry participants (large and small) in several sectors across the oil and gas, renewable energy and natural resource value chain.

Prospecting is a key function of the Land / Property Management business process. Quorum provides other software solutions to support this and other related business processes.

Contact Quorum Business Solutions to learn more about the Quorum Prospect Management software solution.

Tags: E&P Solutions, Oil & Gas Software