PetroLEAP is the first of its kind web application for the oil and gas industry. Using only a web browser, users have the ability to search for information on lease bonuses and other terms related to oil and gas leases in various locations throughout the continental United States. The oil and gas lease data reported in PetroLEAP is updated bi-monthly and is compiled from three basic sources, including private transactions, federal oil and gas lease sales, and state oil and gas lease sales.

County by county information includes low, high, and most common price, royalty range, rental range, and lease term. The information is reported by region for ease of use and includes detailed reports on the latest state and federal lease sales, including bidder, county, location (section/township/range), acreage, and bid per acre.

PetroLEAP enables users to search by location and date range. The results are displayed in a table or in map format for easy comparison to nearby locations.