Targets $1 trillion asset class with differentiated technology solution Austin, Texas (January 15, 2019) – Drillinginfo, the leading energy SaaS and data analytics company, announced today it has acquired MineralSoft, a software platform designed to make managing mineral, royalty, and non-operated working interests easier and more profitable. Collaboration between Drillinginfo and MineralSoft began in 2017 when the two companies announced a strategic alliance focused on understanding the value of mineral and non-operated assets by providing portfolio insights and analytics in real time. MineralSoft leverages Drillinginfo data and is best known for its comprehensive, user-friendly platform designed to combine critical data sets for managing mineral and non-operated portfolios, including revenue and expense data; production and regulatory data; and a full land and document management system. Drillinginfo analysts believe oil and gas mineral interests in the U.S. generate more than $50 billion per year in income for nearly 12 million owners. Unfortunately, tools to access, monitor, and effectively manage these interests are severely limited, with owners often suffering from limited information to value their assets. Mineral interests are one of the most valuable, yet least liquid, asset classes in energy today. “When it comes to minerals, there are thousands of operators, varying… continue reading
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Source: CTRM Center