Common Tab - Contract

Common Tab - Contract

Search the Qbyte CS Land Wiki

Contract Module

    

Name

Tab Label

Description

Common Category

Name

Tab Label

Description

Common Category

Accounting Provisions

Accounting Provisions

Enter the accounting provisions that are applicable to the contract

Contract, AMI, Unit, Facility

Amendments

Amend

Summarize all changes that you make to an agreement during the lifetime of the document.

Contract, AMI, Unit, Service, Facility

Area of Mutual Interest/Area of Exclusions

AMI/AOE

Summarize all Area of Mutual Interest (AMI) and Area of Exclusion (AOE) agreements associated with a contract agreement including the AMI or AOE land description, rights held, and working interest partners and percentages.

Contract, AMI

Client Defined

Client Defined

Store data about an agreement or asset when no fields exist within the module. Tab label can be customized.

Contract, AMI, Unit, Facility, Service (all levels)

Farmout Royalty Procedure

Farmout Royalty Procedure

 Enter farmout and royalty procedures that are applicable to the contract.

Contract, AMI, Unit

Mail Ballots

Mail Ballots

Track mail ballot information related to Unit and Facility Agreements

Unit, Facility

Operating Provisions

Operating Provisions

Enter the operating provisions that are applicable to the contract.

Contract, AMI, Unit, Facility

Overriding Royalty Procedure

Overriding Royalty Procedure

Enter overriding royalty procedures that are applicable to the contract.

Contract, AMI, Unit

Original Parties

Orig Parties

Record the original parties to the agreement, and the interests the parties held at the time that they initiated the agreement. You can record the original parties' percentage interest, and the type of interest they originally held in the agreement.

Contract, Facility

Terms

Terms

Record all applicable conditions and terms of the contract as negotiated by the landman.

Contract, AMI, Service, Facility


Copyright© 2024 IFS AB. Copying prohibited. All rights reserved.