Streamline and Automate your Royalty Management Workflow

Reduce time spent processing royalties and revenues, eliminate mistakes and repetitive paperwork, drive workflow productivity, and ensure your interest owners are paid on time on an intuitive platform. Manage your interest partners and division orders efficiently and effectively.

  • Automatic royalty disbursement calculations
  • Royalty and mineral details breakdown
  • Integrated division order management
  • Reduce repetitive paperwork and admin costs
  • Advanced printing and mailing features
  • Payment tracking and 1099 assistance
Oil and Gas Joint Interest Billing Console Oil and Gas Royalty Balance Overview

Unlock the Benefits of Royalty Workflow Automation for your Back Office

Increase Productivity
Reduce time and effort spent processing purchase statements and calculating and preparing revenue statements for royalty owners and interest partners, allowing your staff to focus on more profitable endeavors.
Improve Communications
Decrease royalty inquiries with a detailed breakdown of production sale information and improve relationships with timely delivery of royalty and revenue payments.
Save Time & Money
Processing purchase statements and preparing royalties in a single, streamlined process reduces labor and resource costs. Reduce time spent reviewing, consolidating, and preparing paperwork.
Streamlined Processes
Reduce the complexity and manual calculations required to prepare royalties. Consolidate and organize data in an intuitive and robust database to easily trace and find the required data for reports.

Petrofly's Royalty Management Key Features

Automatic Allocation

Each interest partner's share is automatically calculated and allocated as purchase statements are entered into the system. Withholding and special conditions are also taken into account.

Payment Tracking

Details for statements, checks, and payments are automatically tracked and recorded as the system generates them to fulfill payment responsibility and provide clear traceability.

Paperwork Generation

Reduce time spent on writing checks and creating statements with single-click file generation and bulk generation features to handle all your owners at once.

Workflow Automation

Save days by reducing the manual and redundant processes in your workflow. Leverage powerful solutions to drive efficiency and productivity.

Petrofly Royalty Payments Made Easy

Integrated Royalty and Joint Venture Solutions

Petrofly's software provides flexibility and scalability to manage and streamline any additional processes or information necessary for your operation. Reduce paperwork and errors, enhance productivity, streamline processes across your operation, and improve communications with owners and partners with our advanced modules.

Interest Partners
Easily manage and keep up-to-date information on all interest partners and division orders.
Royalty Payments
Track and manage royalty payments for owners and partners with a notification when their amount reaches a certain limit.
Joint Interest Billing
Track and manage joint interest billing statements and payments efficiently.
Title Management
Intuitive title management system to account for changes in title ownership.
1099 Assistance
Creating and providing 1099s to owners and partners is a simple process on Petrofly.
Royalty Reconciliation
Petrofly also provides the ability to distribute purchase statement amounts for royalty reconciliation.
Automatic Withholding
Petrofly's system will automatically calculate, track, and manage withholding amounts and provide assistance in reporting.
Partner & Investor's Reports
Prepare detailed reports for partners and investors within minutes and reduce inquiries with high-level details and breakdowns.
Suspense Management
Reduce time spent tracking, processing, and allocating royalties in suspense in an effective and intuitive manner.
Shut-In Royalty
Handle the management and payment of shut-in royalties in a timely manner. Seamlessly generate and issue payments in an optimized process.
Gas & Mineral Servicing
For operators that provide gas or other minerals directly to landowners, Petrofly has the tool to effectively record, track, and calculate all details associated with that allocation.
Purchase Adjustments
Petrofly takes out the hassle of managing and communicating purchase adjustments. The system will automatically calculate each owner’s share of the adjustments and provide details regarding the changes.

Want to Streamline your Royalty Management Workflow?

It has never been easier to streamline and optimize your royalty management workflow to keep your team productive and your interest partners satisfied. Petrofly allows you to keep your relationships in the oil and gas business running smoothly and provides detailed reports and timely payments so all party members have a clear understanding of how their portion of the asset is accounted for and taken care of.

Streamlined Royalty Management Workflow

Streamline and Optimize Your Operation with Oil and Gas Accounting Solutions

JIB Management
Reduce Joint Interest Billing overhead and the total cost of ownership by processing JIBs and operating invoices in one seamless workflow. Petrofly streamlines your Joint Interest Billing workflow into a consistent and timely process to reduce joint venture inquiries and improve expense recoupment.
Owner Relations Suite
Petrofly allows oil and gas operators to manage, understand, and generate joint interest billing and royalty payments on the fly. Automatically compute and allocate revenue and expense distributions as purchase statements and invoices are recorded into the system.
Accounting Suite
Petrofly's accounting suite is fully integrated with all aspects of oil and gas operations. Look at the performance of assets based on sales, production, and expenses with expenditure and profit analysis. Effortlessly handle JIBs and Royalties while tracking the compliance of royalty owners and partners.
Oil & Gas Production
Petrofly’s production software automatically processes production data to clearly and efficiently understand profitability. Petrofly is an all-in-one software connecting production with expenditure, owner relations, and more. Making it simple to visualize and analyze your entire operation to reduce production and increase workover efficiency.

Speak with a representative to learn how Petrofly can help you improve productivity, save time, and reduce costs.

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What Our Clients Have to Say

"We had a long and repetitive process for handling JIBs. Petrofly made a custom page for us with no additional cost after we signed up. All we have to do now is click generate, and everything is taken care of for us in a couple of seconds. To be able to view all of my production through my email is also a nice addition to have."

-Robert Sampson, Owner, Alpha Resources

"As an operator that has multiple assets in multiple states, it is especially difficult for us to find new servicers when a new job comes up or when we are looking to lower our expenditure on a specific workover. After adopting Petrofly's platform, we were not only able to get connected to vendors with better pricing but also get notified when some of our expenditures were too high compared to the market."

-John Berman, Lead PE, SMN Production Company

“Petrofly has been an easy-to-use, web-based application that our corporate employees and field-level employees can access via laptop, phone, or tablet to improve the reporting of daily oil and gas production, expense reporting, and production history generation. This one-stop shop for data entry has saved us countless hours and thousands of dollars of labor that would otherwise go into manually recording these entries from different sources like gauge sheets, excel sheets, invoices, receipts, etc. I highly recommend the product to E&P companies, large and small.”

-Jogesh Vashisht, CEO, Vast Oil, Inc

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