Pak Accounting's Oil & Gas Land Management System manages data pertaining to Land Contracts (Oil, Gas, and Mineral Leases), Prospects, Tracts, and Mineral Owners. The system provides a land manager with the ability to not only record payment obligations, but to write checks as well. It also provides an almost endless ability to keep in-depth, date-sensitive notes pertaining to land records.

Pak Accounting Interface: Land interfaces with the existing owner's setup in the Revenue / Billing module. All payment entries go to the General Ledger system.

Pak Accounting Land System features include:

• Editing of contract detail, obligations, lease and tract comments, legal description, and lease provisions are available.
• Contract recording information with customizable contract listing reports.
• Tracks both lease and well detail and ownership.
• Tracking of contract detail to leases, tracts, and wells.
• Tracking of owner's percent of minerals and percent of surface by lease or tracts.
• Acreage Status reporting for Contracts and Prospects.
• Payment obligations reporting.
• Check printing payments can be made through the Land System or Accounts Payable.
• Set up unlimited Payment types.
• To do menu item, listing items and done items by lease and tract.
• Each lease can be associated with an unlimited number of tracts or pools.
• Prospects and lease costs are tracked.
• Prospect NRI Reporting.
• An unlimited number of special obligations can be set up for each lease.
• Horizon setup and reporting.
• Exhibit A with editing capabilities.
• Notice of special obligations can be provided and special obligations can be referenced to contracts.
• Export CSV files and Import Special Provisions and Payment types.