Adding Leases and Wells

Once you've added your properties, the next step is recording the leases and wells associated with them.

Adding a Lease

1. Navigate to Leases in the sidebar
2. Click the + button
3. Fill in the lease details:
   • Lease name: a descriptive name for easy reference
   • Lessee: the company or individual who leased the rights
   • Effective date and expiration date
   • Associated property: link it to the property it covers
4. Click Save

Adding a Well

1. Navigate to Wells in the sidebar
2. Click the + button
3. Enter the well information:
   • Well name: typically the name assigned by the operator
   • Operator: the company operating the well
   • Associated lease: link it to the relevant lease
   • Status: active, shut-in, plugged, etc.
4. Click Save

How It All Connects

MinRight links properties, leases, wells, and operators together. When you view a property, you'll see all its associated leases. When you view a lease, you'll see its wells. This connected structure means you can trace any royalty payment back to the specific well, lease, and property it came from.

Tips

• Add your operators and lessees first (under their respective sidebar sections) so they're available in dropdown menus when creating leases and wells
• Use the Pooling Units section if your properties are part of a spacing or pooling unit
• Link Division Orders to track how royalties are distributed