
Energy Management
Frequently Asked Questions (FAQ):
1
WHO IS PROSPER?
Prosper Energy Management is a team of professionals that have worked in every area of the oil and gas business. We ensure our clients that their mineral rights are properly and proactively managed to give them peace of mind.
2
wHAT SERVICES DO YOU PROVIDE?
We provide a suite of services to help you maximize the value of your minerals, including:
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Ownership verification and comprehensive records retention
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Digital Mapping of ownership acreage
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Lease, farm-out and other contract negotiation and monitoring/ enforcement
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Streamlined and customizable accounting and reporting
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Royalty payment auditing
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Suspended funds identification and recovery
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Petroleum Engineering expertise
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Production and revenue forecasting
3
dO YOU BUY MINERAL RIGHTS?
No. Our business is to provide management services for you.
4
WHY DO I NEED TO verify title?
Defects in chain of title can occur which impede the flow of revenue to you. These can arise during leasing, divestitures or when division orders arrive. Our team can help clear these title issues so you don't miss out on the revenue you're owed.
5
WHY DO I NEED TO Audit my royalty payments?
There are many factors that dictate what your royalty interest should be. Sometimes these factors can get passed over. Sometimes they're outright ignored. We make sure that we hold the operator accountable and that they are abiding by ownership interests and also the terms of the lease agreement.
6
WHAT ARE SUSPENSE FUNDS?
There are many reasons why you may have revenue that is held "in suspense" by an operator. We identify these monies and take action to recover those funds for you. We have recovered hundreds of thousands of dollars for our clients.
7
i CURRENTLY KEEP TRACK OF ALL MY MINERAL INTERESTS. wHY DO I NEED A MANAGER?
The energy industry is one of the most dynamic industries out there. There is constant shifts in trends and activity. Along with our experienced team, we have industry leading technology that lets us look at activity on or near your acreage in real-time. This information advantage allows us to give you a competitive edge when maximizing the value of your interests.
8
HOW MUCH DO YOU CHARGE?
Our management fee is based on a percentage of income.
9
HOW MUCH ARE MY INTERESTS WORTH?
In order to reveal what market value is of your interests, you'll need to find a professional. A multitude of factors such as location, production, activity, pricing, operators, etc.. can all dictate the value. We pride ourselves in being able to help facilitate these answers when our clients need them.
10
WHERE CAN I FIND ADDITIONAL RESOURCES?
Click the following link to get additional Mineral Owner Resources