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Ancillary Services
Contact
Main office
Calgary, Alberta, CA.
Phone

4034622863

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Description

About Solstice Engineering Ltd.

Solstice Engineering is a Canadian owned and operated SME based out of Calgary, Alberta that provides comprehensive and automated oil and gas software solutions and evaluation services to the upstream oil and gas industry in Western Canada. 

  • Industry leading 3rd Party Liability / ARO Estimates: AFE-ready estimates with the accuracy of manual calculations
  • 3rd Party A&D Evaluations
  • 3rd Party Closure / Aging Inventory Reduction Optimization

    A&D Evaluations | ARO Estimates | Risk Assessment | End Of Life Planning | Liability Reduction | Regulatory Compliance Management

 Target Users: Drilling/Completions Superintendents, Drilling/Completions Engineers, Abandonment Engineers, Environmental Engineers, Business Development, A&D, Financial, Land, Team Leads, Regulators 

Petroscout provides industry with a thorough and comprehensive software solution to provide accurate end of life liability/ARO estimates, to manage regulatory compliance and end of life work (deadlines, inspections, tests, regulatory submissions, etc.), to build well schematics using only government data, to provide geospatial representation of their assets, and to act as a hub for all their data needs. Petroscout provides everyday workflow efficiencies and tools that simply do not currently exist anywhere else.

Software Highlights:

  • Advanced Geospatial Support – Incorporate unique information and images for deeper insights, including automatic picture mapping based on proximity, ideal for planning reclamation work. Pulls in normal government data and adds proprietary data analytics, supplements or replaces your current GIS mapping software
  • Prospecting - Designed to streamline prospecting, providing precise revenue forecasts and liability estimates instantly. Make informed, data-driven decisions before stepping into the data room
    •         Effortless List Creation – Generate well, pipeline, and facility lists with a single click, or seamlessly import lists from other sources—Petroscout handles the rest
    •         Generate key reports, including Production History & Revenue Forecast, industry-leading ARO Report, Risk Reports, Inventory Summaries (LTO impacts), and Google Earth maps
  • Automated Exponential Decline Analysis - automatically calculates exponential decline rates for liquid and gas phases for every producing event sequence of wells
  • ARO Estimates - Automated Liability Estimates for Wells, Pipelines & Facilities. AFE-ready estimates with the accuracy of manual calculations. Petroscout assesses abandonment requirements, access conditions, pipeline connectivity, lease size, soil type, road assumptions, spill inclusion, SAGD facility considerations, and more
    •         Customizable unit rates and assumptions
    •         Well estimates include schematics and mini-programs, making validation effortless
    •          Discount and inflation rates can be applied, with life spans determined via automated decline analysis and economic limits
  • Well Schematics for Every Well – Instant access to detailed schematics
  • Well File Review Checklist System – Review well files in a fraction of the usual time, access to regulator tour reports, logs, etc. for Sask and BC
  • Exclusive Data Analytics – Uncover engineering insights not found anywhere else
  • Regulatory Compliance Management – Project Management of D13, SCVF testing, packer isolation testing, well testing, pipeline discontinuations
  • Comprehensive ARO Reports – Achieve the accuracy of manual estimates for wells, pipelines, and facilities
  • Risk Analysis Reports – Identify and mitigate risks by pinpointing problem sites
  • Inactive Inventory Planning Reports – Optimize inventory reduction strategies
  • Inventory Summaries Reports – Access complete inventory details, including license-to-operate and emissions impacts
  • Liability Reduction Report & Tool – Load and analyze regulator liability data, then rapidly reduce liability using built-in optimization tools
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Other Locations

Calgary Alberta CA

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