#Canada #Calgary #Energy #Peloton #Land Data

Peloton Launches Peloton Broker for Enhanced Energy Projects

In a game-changing move for the energy sector, Peloton, renowned for its energy data management solutions, has introduced the Peloton Broker. This novel tract-based pre-leasing management tool is specifically designed to streamline the land acquisition process for energy projects, efficiency in mind.

The Peloton Broker provides brokers, consultants, land departments, and legal teams with a consolidated platform to manage ownership discovery, negotiation tracking, and title curative work all in one place. This significant upgrade enables teams to transition seamlessly from the exploration phase to securing signed leases without the hassle of re-entering data or juggling multiple systems.

Integrating with the Peloton Platform

Peloton Broker is integrated within Peloton’s Land Data Management solution, joining tools such as LandView, LandView Map, and Peloton Dashboards. This integration ensures that the tool operates not only at the very beginning of the lease acquisition process but continues to facilitate smooth agreement-based lease management within LandView.

James Hatcher, Product Manager for Land Data Management at Peloton, remarked, “Historically, the pre-leasing stage has been chaotic, with ownership research scattered in various locations and negotiations recorded separately. Peloton Broker centralizes this effort from day one, providing land teams with a comprehensive overview and reliable land data.”

Features of Peloton Broker

Peloton Broker was specifically crafted to address the unique needs of land teams involved in the oil and gas sector as well as renewable energy developers. Some standout features include:

• - Ownership Tracking: Monitors ownership at the tract level, addressing both surface and mineral rights.
• - Integrated Negotiation Management: Enables users to manage negotiations through a workflow that logs every offer, contact, and status change for enhanced tracking.
• - Title Curative Support: Identifies potential title concerns early, preventing delays in lease execution.
• - GIS-Driven Management: Utilizes geographical information systems for prospect management, directly linking to LandView Map for visual insights.
• - Audit-Ready Records: Maintains comprehensive records that are fully traceable from initial contact to executed lease, ensuring compliance and readiness for audits.

Uniting Teams with a Single Source of Truth

The Peloton Platform, built on Microsoft Azure, offers a Software as a Service (SaaS) solution that combines well data, production information, and land management into a cohesive unit. The introduction of Peloton Broker strengthens this platform by providing:

• - Centralized Data: All teams, including land, operations, and finance, can rely on synchronized and accurate data, promoting collaboration.
• - Lifecycle Integration: Land data is harmonized with well and production data through WellView and ProdView, boosting efficiency and clarity across processes.
• - High-Level Security: Adheres to enterprise-grade security standards and is backed by SOC 1 and SOC 2 Type 2 certifications to ensure data is protected.

Peloton Broker is available immediately for organizations looking to optimize their land acquisition efforts. For further insights, visit Peloton's official website.

About Peloton

Founded in 1991 and headquartered in Calgary, Alberta, Peloton has established itself as a leader in the field of energy data management solutions, with over thirty years of industry experience and a global client base exceeding 700. Offering comprehensive software solutions that span well, production, and land sectors, Peloton has integrated these services into an all-encompassing SaaS environment.