Tracts.co

Tracts is a cloud-based software company that specializes in title running and land ownership verification solutions for the oil and gas industry. Its platform automates the process of establishing ownership when acquiring land assets, focusing on the upstream phase of land acquisition for drilling operations. Tracts serves exploration and production companies, brokers, field landmen, and title attorneys, helping them navigate complex legal document trails related to mineral and land ownership. The core product is a title management platform that automates title due diligence across the lower 48 U.S. states and major oil and gas basins. The software features algorithms that recalculate ownership interests, interpret legal instruments, and generate real-time ownership reports and flowcharts. Users can input key information into electronic note cards, allowing the system to dynamically update ownership interests and visual flowcharts for faster decision-making. Tracts also offers secured cloud-based data storage with multi-user collaboration capabilities, ensuring the protection of sensitive legal documents. The company is headquartered in Fort Worth, Texas, and has a customer base primarily consisting of land departments within oil and gas companies.