Land Projects: Traditional vs. Tech-Enabled
Prior to drilling wells for oil, gas, or CCS, energy developers must first obtain the necessary land usage rights. That can be more difficult than it sounds, especially when vast areas of interest and multiple landowners are involved. Keeping complex projects on track requires a highly efficient approach—one that goes beyond antiquated land management techniques.
At Trigen, we’re leveraging AI and proprietary software to deliver enhanced efficiency and transparency. Here’s why we believe our tech-enabled approach drives better outcomes for clients.
When “Traditional” Land Services Fall Short
Relationship building is still the cornerstone of success as a landman. However, legacy systems and workflows put agents at a disadvantage, ultimately making it difficult to connect with landowners, establish relationships, and get deals done. Even worse, energy developers may lack essential insights for understanding how projects are progressing.
Here are a few warning signs to look for:
Lack of an Integrated View: Traditionally, land agents use spreadsheets, emails, text messages, and ad hoc conversations to share information with clients. Although better than nothing, making sense of it all can be difficult if not impossible.
Data Issues: Manually keying deal-related data into a variety of tracking documents isn’t a great use of land agents’ time. Doing so also increases the likelihood of data entry errors that erode clients’ confidence.
Outdated Information: Land agents might only submit deal data a few times per week. A lot can happen in a few days, which means information from Monday could already be irrelevant by Thursday. Even when data is perfectly entered, there’s still a chance for outdated (and unreliable) information.
How We’re Using Technology to Streamline Land Services
At Trigen, we’ve developed a proprietary software application that overcomes many of these challenges. Instead of juggling spreadsheets and email attachments, we’re able to provide clients with an intuitive dashboard for live status updates. The software was designed with our clients’ needs in mind, providing a clean and intuitive user interface.
In addition, the tool simplifies how land agents gain buy-in from landowners. As a result, landmen spend less time on tedious project management tasks.
Our software makes meetings more productive, too. Project developers and land agents both have access to the same source of truth, allowing for healthier conversations and increased levels of efficiency.
Contact Trigen
Interested in learning more about Trigen’s tech-enabled approach to land services?
Contact us to request a meeting.