TOBIN
Chain of Title - Title Management
System
TOBIN Chain of Title automates field data
capture, reporting and archival of land title and lease acquisition information for
exploration and production companies. The system provides a repository of title data
accessible to authorized in-house company personnel. Companies are able to provide
historical title data via electronic mail to brokers, attorneys and field
landmen. Having
immediate access to this information eliminates duplication of effort that often occurs
when searching title, acquiring leases, and rendering and curing title opinions; resulting
in significant reduction in the amount of time and effort spent between lease check and
royalty disbursement.TOBIN Chain of Title automatically updates data in other TOBIN Land Suite
products, eliminating reentry and verification of data and the potential for associated
errors. Lease information captured in TOBIN Chain of Title automatically flows to the
TOBIN LeaseData lease management system. Well and unit ownership data calculated in TOBIN
Chain of Title automatically flows to the TOBIN Domain division order system.
TOBIN Chain of Title, combined with TOBIN
LandGIS Land Geographic Information System captures lease and division order/unit
boundaries in the field for use with company GIS and mapping systems.
Benefits:
- Provides a repository of title data that can be accessed by brokers,
attorneys and field landmen.
- Eliminates reentry and verification of data and the potential for
associated keying errors.
- Improves accuracy and timeliness of communication between the company
and field personnel.
- Reduces duplication of effort that occurs when searching title,
acquiring leases and curing title opinions.
Key Features:
- Download of agreement information from the TOBIN Contracts
contract management module
- Automatic transfer of lease information to the TOBIN LeaseData
lease management system
- Automatic transfer of well and unit data to the TOBIN Domain
division order system
- Field capture of lease and ownership boundaries on computers
in conjunction with TOBIN LandGIS land geographic information system
- Calculation of tract and well unit ownership interest of all
interest types in the tract or well, including royalty, overriding royalty and working
interest
- Aggregation of tracts into units
- Capture of competitor information from brokers, internal
sources and external data vendors
- Preparation of drilling title opinions, supplemental title
opinions and division order title opinions
- Transfer of data between field and company using standard
electronic mail software
- Preparation of leases, drafts, runsheets, and various other
management reports
- Management of title curative requirements
- Tracking burden owner relationships
Technical Specifications:
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- Hardware requirements may vary depending upon client software,
volume of data and network configuration
- Min. 300 MHz Pentium IBM compatible 64 MB RAM - 128 MB RAM
- 100 MB free
space on hard drive.
- Rec. 600 or higher MHz Pentium IBM compatible 256 MB RAM - Windows 95, 98,
- 512 MB RAM - Windows 2000/NT.
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- Scalable as required for ORACLE 7.x RDBMS or higher
- Color monitor - VGA
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- Microsoft Windows NT or Windows 95/98/2000
- Microsoft Word™ 8.0 or Microsoft Office 97
- MS-DOS™ 6.x or subsequent releases
- Sybase SQL Database™ 4.0b (standalone only)
- Electronic mail software which supports file transfers
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- ORACLE™ 7.x RDBMS with procedural option (in-house only)
- SQL Net
- TCP/IP, IPX/SPX or other standard communications protocol
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