Solutions / Hydrocarbon Accounting /Division Order

Division Order

Overcome the most complex challenges experienced by US producers using fully-integrated enterprise software. Continuously improving workflows and interfaces sit atop two decades of business logic and system controls.

Request a Demo
My Quorum Logo

My Quorum Division Order

Overcome the most complex challenges experienced by US producers using fully-integrated enterprise software. Continuously improving workflows and interfaces sit atop two decades of business logic and system controls.

$500M+

Over $500 Million of Owner
Checks are Issued Monthly

150K

Wells Across the U.S. are
Accounted for Using My Quorum

85%

Faster Approvals for AFEs and
Invoices, in Seconds Not Minutes

Features

Interest Setup

Improve data accuracy and integrity with
flexible interest setup.

Full Ownership Maintenance

Easily account for interest and ownership changes with division of interest lifecycle maintenance.

Notifications

Enable proactive management of interest and ownership changes with automatic alerts.

Document Generation

Automate document creation for division orders, transfers, and owner letters.

Query and Reporting

Improve data visibility with quick ad-hoc queries, analysis, and reporting.

Close Cycle Management

Maintain accurate records with easy-to-use bank reconciliations and close cycles.

Tax Compliance

Streamline IRS filings and processes including state and federal withholdings.

In the Cloud

Access and manage your ownership information online from any device.

Rethink the Way You Maintain Property Ownership

Establish and maintain revenue and billing decks, define royalty burdens, and account for special owner distribution and exemption scenarios.

Benefits

Simplify DOI Maintenance

Automate transfers, pay code changes, and more. Generate DOI exhibits and other documents, and establish DOI workflow for SOX compliance.

View Complete Owner-Level History

Keep the same header record for tracking, isolate and identify owner-level changes, and maintain audit traceability and record accuracy.

Import And Copy DOIs

Enter, copy and paste, or upload DOI data. Create new DOIs from existing ones and load thousands of DOIs or spreadsheets with Acquisitions module.

Integrate Accounting Systems

Utilize single source for Cost, Financial, and Revenue Accounting. Increase operational efficiency, simplify compliance efforts and improve accuracy.

Leverage Integrated Data Across All Departments

Learn how we can improve your business practices through integrated data and processes between Accounting and Land solutions allowing one time data setup that is shared across the applications. Our experts dive into details about eliminating redundant accounting transactions using monthly accounting functions in land and accounting.