In the modern world where digitization is the key to a transparent, secure and a seamless user experience in any operating segment, oil and gas industry cannot be excluded from this prerogative. The advent of smart technology has also influenced the oil and gas companies to start exploring and embracing digital solutions for royalty interests.

RIC (Royalty Interest Clearhousing) is a revolutionary platform that has been designed by Orion for one of its esteemed clients to meet the growing need for an electronic, decentralized system for royalty interests.

The program has been created to seamlessly outsource the administration and ongoing distribution of revenue generated from royalty interests, as well as providing a transparent open marketplace to transfer royalty interests among small and large industry participants.