Handles all Changes
Petrofly system can handle and streamline the processing of any type of transfer. Whether transferring to a new owner, dividing a title amoung new owners or allocating a title to previous owner(s), Petrofly take care of it in seconds.
Royalty & JIB Allocation
Eliminate calculations errors and reduce labor hours with automatic Royalties and JIBs calculation and allocation to the new title owners based on the effective date, revenue interest, and working interest.
Petrofly provides to the ability the trace each title as it changes ownership and flows through our system. All changes are recorded, with the ability to drilldown to see all title modifications.