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The industry’s most powerful solution in one convenient package.


The benefits of SolComp are simple. We’ve created a software that can do a month’s worth of work in mere hours.

SolComp is a regulatory compliance management system that provides comprehensive reports and superior data organization, significantly increasing your company’s efficiency. This tool was developed by an experienced and well-versed industry expert, making it a highly intuitive software that provides a level of accuracy you would only expect from a team of experienced petroleum professionals.

We access government data and industry knowledge and combine this with automation, resulting in the ultimate regulatory compliance software. Our forms, checklists, and plugins are just a few of the many features of SolComp that result in precise calculations and exceptional organization in a fraction of the time.

In addition to ARO reporting, LLR evaluation, project management forms, pipeline discontinuation/abandonment management, SolComp has a host of features and functionalities that stretch far beyond regulatory compliance management.

SolComp is continuously evolving and advancing as the oil and gas industry does, making it the industry’s most powerful software solution on market.

SolComp has a number of components and built-in tools that provide you with unparalleled benefits while streamlining your regulatory compliance management process.

Regulatory Compliance Management Component

Outputs / Functionality / Data or Test Inputs

  • Up to date well, pipeline and facility inventory management
  • Continually generates inventories of wells, pipelines and facilities that require compliance work
  • Digital compliance form with built-in well schematics and wellfile review checklist
  • Software assisted Directive 13 well classifications (includes wellhead AOF tool)
  • Customizable digital field inspection/SCVF test/PIT test forms include automated picture mapping and requires no expensive tablet rental
  • Digital well evaluation forms
  • Automated suspension and abandonment mini-program builder
  • Automatically builds AER DDS submission text files
  • Built-in project management tool
  • Manages SCVF testing, packer isolation testing, pipeline discontinuations/ abandonments, etc.

Benefits

  • Efficiently manage Directives 1, 6, 11, 13, 20, 44, 56, 79 and 83; ID 2003-1
  • Proactively manage compliance schedules
  • Inventory management and architecture provides powerful data hub
  • Distribute email-ready digital forms, easy to upload
  • Software data sets are continually updated
  • Significantly reduces well file review time
  • No tablet rentals – Windows based software
  • Compliance / audit reporting
  • Simplified AER DDS text file uploading
  • Google Earth and Maps functionality for visual work planning
  • License to operate budget planning reports
  • Saves money through efficiencies, optimization, automation, synergies, reduced levy payments, etc.

End of Life Management Component

Outputs / Functionality / Data or Test Inputs

  • Manages wellbore abandonments, wellsite remediation and reclamation
  • Manages pipelines discontinuations/abandonments
  • Manages facility decommissioning, remediation and reclamation
  • AFE ready end of life cost estimates for wells, pipelines and facilities using unit rates
  • Automated abandonment mini-program builder
  • Manages mineral lease expirations
  • Built-in project management tool

Benefits

  • End of life project management / budgeting
  • Significantly reduces well file review time
  • Optimizes abandonment and reclamation scheduling by targeting highest ongoing expense wellsites and highest LLR liability reduction opportunities
  • Ensures all closure aspects are realized (i.e. eliminates accidental ongoing LTO payments)

ARO Estimates & Reconciliation Component

Outputs / Functionality / Data or Test Inputs

  • ARO reporting is highly accurate and AFE ready
  • Automated cost estimates for wells, pipelines and facilities using unit rates
  • End of life date estimation using economic limits or reserves tables
  • Estimates are discountable and inflatable
  • Powerful reconciliation system for easy audit support

Benefits

  • Allows for short-term end of life dollars to be deferred while concentrating on compliance only to provide banks minimal financing required
  • User adjusted unit rates and assumptions
  • Estimated rig time required for well abandonment
  • Third party audit proof estimates
  • Accurate ARO estimates in gross and net dollars

LLR Evaluation & Optimization Component

Outputs / Functionality / Data or Test Inputs

  • Powerful LLR predictor using production forecasts
  • Evaluates liability reduction opportunities doing only paperwork
  • Field summaries to aid in asset management
  • Individual well and facility analysis for liability reduction
  • Companion report draws well schematics, reducing well file review time

Benefits

  • Optimizes LLR liabilities
  • Provides increases as high as 30% to LLR for unoptimized assets
  • Lowers annual levy payments
  • Identifies LLR friendly assets and divestiture candidates
  • Identifies license amendments
  • Reduces work for digital regulatory submissions
  • Optimizes A&D LLR impacts, understand the after
  • Built-in Google Earth mapping to assist with evaluations
  • Supports AB, SK, and BC LLR programs

Well Schematic Builder Component

Outputs / Functionality / Data or Test Inputs

  • Wellfile Review Checklist (no completions knowledge required)
  • Built-in cement top estimator
  • Built-in regulatory compliance forms, inspection and test forms
  • Add or edit data such as casing and cementing details
  • Supports automated well and of life cost estimates
  • Supports automated building of Directive 13 & 20 mini-programs
  • Google-Earth and Maps functionality for visual work planning
  • Incorporates directional well data
  • Lists compliance issues for all wells, built-in forms to manage compliance work

Benefits

  • Easy to use Excel based tool
  • Easily edit incorrect data
  • Seamlessly integrates with Government Data
  • Well schematic is automatically updated
  • Can be used as digital wellfile
  • Enter and edit detailed completion data

A&D Evaluation & Optimization Component

Outputs / Functionality / Data or Test Inputs

  • End of Life Liability Estimates for Wells, Pipelines and Facilities (ARO)
  • Well lists and net well count report
  • Reported spills list
  • License to operate exposure summaries
  • Net cost estimates for overdue wells or wells due for suspension or have mineral rights expiring
  • Net cost estimates for pipelines overdue or due for discontinuation / abandonment

Benefits

  • Uses only a well UWI list with working interest as input
  • Quickly compiles and analyzes vast amounts of well data
  • Provides accurate assessments of liabilities
  • Provides supporting documentation for insurance applications and environmental disclosures
  • Easily identifies problem assets

Daily Operations Reports // Under Development

Outputs / Functionality / Data or Test Inputs

Benefits

Geospatial // Under Development

Outputs / Functionality / Data or Test Inputs

Benefits

Read Our Brochure

For more information about our comprehensive and automated oil and gas software solutions and evaluation services, please download our brochure.