Case Study: Surge Energy achieves real-time ARO portfolio visibility with Matidor

Surge Energy improves ARO portfolio visibility and cuts admin work with Matidor

Surge Energy Inc., a Calgary-based oil and gas exploration company, faced challenges in managing its large asset retirement obligation (ARO) portfolio. Their team struggled with a lack of centralized tracking, relying on spreadsheets and disconnected software that made it difficult to maintain an accurate site inventory, visualize geographic relationships between locations, and coordinate vendors efficiently. They turned to the vendor Matidor for a solution using its project management platform.

Matidor implemented its GIS-native platform to centralize all site data onto a live map. This provided Surge Energy with real-time visibility into closure progress, enabled map-based planning to optimize work sequencing, and allowed for AFEs to be linked directly to sites for better budget tracking. The results included streamlined vendor coordination, a significant reduction in administrative effort, and improved decision-making, transforming the efficiency of their entire ARO program.

Surge Energy Inc