BIS, Inc.
12 Case Studies
A BIS, Inc. Case Study
Leading Oil & Gas Company, a large-cap independent producer headquartered in Midland, Texas, faced a major acquisition data onboarding challenge after accumulating more than 2,300 lease files and over 467,000 pages of unstructured land records from Permian Basin and San Juan Basin acquisitions. The company needed to quickly organize, classify, and extract critical lease data from scanned documents to support land analysis, accounting, and revenue processing. BIS, Inc. helped address this challenge using its Grooper intelligent document processing platform and data migration services.
BIS, Inc. digitized the physical files, applied OCR, built a lease document taxonomy, and used Grooper to classify documents and extract key metadata such as lease names, payee information, and interest decimals. The solution enabled the customer to load up to 218 leases per day, process the full backlog in less than two weeks, and reduce processing time by 92% versus traditional methods. BIS, Inc.’s approach also cut G&A costs, improved accounting and land workflows, and is now used internally by the customer for ongoing lease record processing.
Leading Oil & Gas Company