EMXT has created a comprehensive product—Mineral Trust— that helps clients in keeping track of their assets and incoming data from oil wells. For deep oil wells, Mineral Trust proves to be a beneficial tool as it offers visibility into different data points pulled from oil wells by assessing the geographical regions. “Our partnerships with multiple oil and gas companies enable us to collect relevant data from every oil well in America and provide it to clients on a monthly basis so as to help them analyze the same to create pre-scanned reports, generate revenue, and grow their business,” begins Crystyl Swanson, enablement strategist at EMXT. “Our team also leverages the clients’ massive amount of data including lease contracts and pending payments to provide data scanning and data cleanup services.”
Another solution that EMXT offers is Active Receipts—a program that matches land data and revenue data. Specifically developed to cater to oil and gas companies, Active Receipts compares the actual oil production with the interest rates being paid to the firms. By tying these two pieces of information together, EMXT is ensuring that its clients are receiving their revenue as per the signed agreements. “Active Receipts enable us protect the customers’ revenue by using the production data and observing it from the accounting perspective, so as to provide them a better idea of their cash flow,” says Crystyl.
With their wide range of solutions, EMXT has also put together a training program for its clients to learn and understand how these solutions operate. Moreover, the company offers customized inquiries on its solutions’ dashboards that enable customers to consider their key performance indicators (KPIs) to build reports based on any field permissions they like.
Active Receipts enable us to protect the customers’ revenue by using the production data and observing it from the accounting perspective, so as to provide them a better idea of their cash flow
EMXT now envisions continuing its endeavors of providing solutions to increase equity and payment interests of its clients. With an emphasis on innovation, the firm’s future goal is to create unparallel value for its customers and solve their business issues by improving its intuitive and comprehensive solutions. EMXT is also planning on enhancing its partnerships and is acquiring a number of oil and gas services available currently in the market.