The Ultimate ARO Toolbox.

(Asset Retirement Obligation)

Take your ARO management to the next level with Prædicō.

Toolbox Prædicō.

What is it?

Prædicō: The Hammer to Your ARO Nail

  • Subsurface module live
  • Surface modules in development
  • Web based access (SaaS)
What does it do?
  • It makes your life easier
  • It saves you money
  • It saves you time
How?
  • Aggregation of public and private data
  • Rapid risk assessment
  • High-level reporting tools
  • Well-by-well opeational tools
  • Bottom-up cost estimation... for every well!
Learn More

Prædicō: The Hammer to Your ARO Nail

What is it?
  • Subsurface module live
  • Surface modules in development
  • Web based access (SaaS)
What does it do?
  • It makes your life easier
  • It saves you money
  • It saves you time
How?
  • Aggregation of public and private data
  • Rapid risk assessment
  • High-level reporting tools
  • Well-by-well opeational tools
  • Bottom-up cost estimation... for every well!
Learn More

Know Your Wells.

Prædicō Feature: Reports and Dashboards

Primary Users:
  • Corporate Management, Operations Management, Operations Staff, Lenders, Investors
Key Features:
  • Use ready-made dashboards to summarize your wells
  • Understand your entire portfolio in seconds
  • Look at operational parameters, ARO costs, or let Closure build a dashboard to suit your specific needs
  • Explore any wells in Western Canada as acquistion and divestiture (A&D) targets

Assess Your Risk.

Prædicō Feature: Risk and Prioritization

Primary Users:
  • Operations Management, Operations Staff, Lenders, Investors
Key Features:
  • Understand the true risk of abandoning your wells, down to individual risk factors on a well-by-well basis
  • Generate risk assessments for thousands of wells in seconds, not days
  • Prioritize your ARO intelligently to maximize impact and minimize cost

Automate Your Data.

Prædicō Feature: Your Data and Our Data

Primary Users:
  • Operations Management, Operations Staff
Key Features:
  • Prædicō automatically aggregates your data from publicly available sources
  • Load your data into Prædicō to use it in the system, including from other systems such as Peloton, Pason, etc.
  • View all the data on your wells in reports, and automatically load it into your abandonment programs
  • Augment/correct any data with your own User Data Layer

Plan Your ARO.

Prædicō Feature: Program, Estimate, Execute

Primary Users:
  • Operations Staff
Key Features:
  • Use Prædicō's standard program templates, or create your own, to build abandonment programs
  • Automatically load data, cost estimates, and contacts into programs, creating an 90% program in minutes, just needing your final review
  • Export programs, estimates, and well details deliverables individually, or as single packages ready for execution

Analytics Engine.

Prædicō Feature: Custom Analysis and Insight

Primary Users:
  • Everyone
Key Features:
  • Leverage Prædicō's Analytics Engine for custom analysis to meet your business needs
  • Benefit from the insight derived from the analysis of 900,000 (ish) wells, improving the models used within Prædicō, including machine learning (ML) and artifical intelligence (AI)
  • Revolutionize your processes to save time, money, and improve your outputs, by incorporating best practices uncovered by Prædicō's continuous improvement and research and development (R&D) approach

Prædicō's Workflow.

Data Collective.

Prædicō is a data driven Analytics Engine. The more data goes in, the better results come out.

All data within Prædicō is used for analytics and continuous improvement, to improve everything from risk assessment, to estimation, to automated program generation. Actual job data is especially important in the development of our Machine Learning and Artificial Intelligence (AI) initiatives. Just imagine, Prædicō writing all of your programs from scratch, or prioritizing your abandonment program for you.
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The future is closer than you think.

If you want to donate additional data to the cause, or want to enter Actuals but can't bear the thought of doing it manually, contact support@praedico.ca.

Prædicō in Action.

Let's chat ARO!

Contact Us

Closure Liability
Management Inc.

1930, 520 – 5th Avenue SW
Calgary, AB T2P 3R7
403-807-1142
Closure Inquires:
info@closurelm.com
Prædicō Inquires:
support@praedico.ca

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