RANCHING Business
Being organized is the best way to know which minerals
are leased, and which terms an owner received in the past.
6-part classifi cation folder fi ling system into a dynamic digital system. User-friendly, it tends to be easily ac- cessible with nifty map integration. Once set up, all the information can be stored on a thumb drive or other backup media, making it convenient and por- table. While there are special software programs that work well, they are expensive. Many royalty owners save money by relying on simple word processing and spreadsheet programs. Wallace’s favorite Microsoft program is a fl exible
database called OneNote (
www.onenote.com). It may be downloaded at no charge on PCs and Macs and is preloaded with most of the Microsoft packages. Ever- note (
www.evernote.com) is a similar program. “No matter where I am in the world, as long as I have
Wi-Fi service, I have access to all this information,” Wallace explains. “I’ll just pull it up on my laptop. It’s like opening a notebook. It’s very easy once you learn
PRIVATE TREATY CARCASS DATA
it. It requires building it and having enough bandwidth and storage to be able to store it locally and offl ine, but it’s very handy.” Using computer fi les organized in the same manner
as the 6-part hard copy fi les works great for Wallace. He drags and drops scanned documents into OneNote fi les organized with the same categories as the 6-part classifi ed folder. He often expands information by add- ing as many subfolders as necessary. Wallace works out of both the 6-fi le folders and One-
Note. He makes a point of scanning documents from the 6-part folder, then dragging and dropping them into his OneNote fi les weekly. He is sold on utilizing these 2 fi ling methods and teaches these organization strategies at TCU Energy Institute seminars. “Having copies of your old oil and gas leases, amend-
ments, division orders, pooling agreements and deeds is important so you have a good solid understanding of your ownership and how to best be a steward of it,” Wallace says. Why not give these fi ling systems a test drive? Using
one or both of these methods will lead to fast and effi - cient retrieval of documents, making it a breeze to stay on top of everything from leases to royalty checks.
POWER PELLETS KILL CEDAR
Since 1952 – Crockett, Texas
BULLS ANGUS CHAROLAIS
HEREFORDS REGISTERED
18-24 MONTHS • EPDs READY FOR HEAVY SERVICE
OPEN AND BRED HEIFERS COWS AVAILABLE
CALL FOR AN APPOINTMENT TODAY BILL CLARK
936-544-9013 Gene Stokes, Manager
Website:
www.clarkangus.com Email:
clarkangus@aol.com
62 The Cattleman January 2016
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thecattlemanmagazine.com
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