First off, i would like to say hello to everyone as i am a new member to this site. I have spent some time reading and just finally joined so that i may learn more.
Im curious who all is using a mineral management software,what program they are using, and how satisfied they are with said product? Also i would like to know how they are using it, such as keep track of producing and nonproducing minerals?
Thank you in advance for any comments.
I'm not a hundred percent sure what the consensus would be (or really what the rules are on reviewing products on the forum), but I have inferred from reading both posts and comments that DrillingInfo is going to be the most sophisticated Mineral Management software available.
I personally have not yet made the decision on which application to use (I'm even working on building my own Microsoft Access Mineral Management Database, but I've decided the time might outweigh the benefit), but rest assured, I don't think DrillingInfo will be within my budget range.
As long as it isn't against any forum rules, I wouldn't mind hearing from anyone concerning their experiences with some of the other applications out there (MineralFile, MineralBoss, Avatar, etc.), and how what other applications they use along with them to maximize their functionality (if need be).
Also, check out Wade Caldwell's Blog Post on
Here's to seeing what comes up :)
Matt,
I manage for many clients, all with different needs from the minerals. I personally subscribe to DI but I also have the ability to apply the geologic and engineering information assembled there to assist in my management of separate mineral estates. If you are geology based and have a lot of minerals, DI is great if used in conjunction with local Oil and gas commission websites. Some bank trust departments like DI but rarely use it beyond lease negotiations. Income is taken care of internally.
If your primary interest is revenue and costs, Quickbooks is an economic solution. If your need to keep track of a lot of leases, set up your own data base or use Excel and incorporate that into a calendar.
The Minerals Management software packages I have investigated all tried to do too much with too much flexibility and ultimately failed as they were just too complex for the casual investor or owner.
Gary Hutchinson
Matthew,
Regarding your comment below: Reviews and input on specific services and/or software are fine here, conditioned upon honesty and professionalism. If you've got decent and qualified input, state it. If you have a personal agenda, save it. Kenny D. Site Founder
Mathew Brandon Love-Waraksa said:
As long as it isn't against any forum rules, I wouldn't mind hearing from anyone concerning their experiences with some of the other applications out there (MineralFile, MineralBoss, Avatar, etc.), and how what other applications they use along with them to maximize their functionality (if need be).
Matthew and Gary,
Thank you for your input. I am still looking into what will work best for me. Again thank you.