Closure Liability Management Inc.

𝗖𝗹𝗼𝘀𝘂𝗿𝗲 𝗟𝗶𝗮𝗯𝗶𝗹𝗶𝘁𝘆 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁 𝗜𝗻𝗰. is dedicated to revolutionizing the oilfield asset retirement process. Our mission is to empower the industry to restore oilfield sites to their original state efficiently and cost-effectively. 𝗖𝗹𝗼𝘀𝘂𝗿𝗲 is committed to making asset retirement obligations (ARO) seamless and predictable. We aim to eliminate the complexities and uncertainties associated with well site assessments and abandonments, ensuring that our clients can focus on production while we handle the restoration. 𝗔𝗱𝘃𝗶𝘀𝗼𝗿𝘆 𝗦𝗲𝗿𝘃𝗶𝗰𝗲𝘀: Closure Advisory Services offer expert consulting and project management for all ARO needs. Our team of specialists provides comprehensive support, including: - 𝗟𝗶𝗮𝗯𝗶𝗹𝗶𝘁𝘆 𝗮𝗻𝗱 𝗥𝗶𝘀𝗸 𝗔𝘀𝘀𝗲𝘀𝘀𝗺𝗲𝗻𝘁: Utilizing advanced analytics to evaluate well sites before buying, selling, or restoring. - 𝗖𝘂𝘀𝘁𝗼𝗺 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀: Tailored data insights to meet specific client requirements. - 𝗧𝘂𝗿𝗻-𝗞𝗲𝘆 𝗥𝗲𝘀𝘁𝗼𝗿𝗮𝘁𝗶𝗼𝗻 𝗦𝗲𝗿𝘃𝗶𝗰𝗲𝘀: From site selection and budgeting to execution and regulatory reporting, we manage every stage of the restoration process. 𝗣𝗿𝗮𝗲𝗱𝗶𝗰𝗼 𝗦𝗼𝗳𝘁𝘄𝗮𝗿𝗲: At the heart of our operations is 𝗣𝗿𝗮𝗲𝗱𝗶𝗰𝗼, a powerful suite of tools designed to optimize asset retirement workflows. Praedico offers: - 𝗔𝘂𝘁𝗼𝗺𝗮𝘁𝗶𝗼𝗻: Assess thousands of wells efficiently using automated processes. - 𝗔𝗰𝘁𝗶𝗼𝗻𝗮𝗯𝗹𝗲 𝗔𝗻𝗮𝗹𝘆𝘁𝗶𝗰𝘀: Provides site-specific insights in seconds, helping to prioritize and program tasks effectively. - 𝗖𝗼𝘀𝘁 𝗦𝗮𝘃𝗶𝗻𝗴𝘀: By reducing risks and increasing efficiency, Praedico helps clients save up to 25% on ARO costs. With 𝗖𝗹𝗼𝘀𝘂𝗿𝗲'𝘀 expertise and 𝗣𝗿𝗮𝗲𝗱𝗶𝗰𝗼'𝘀 innovative technology, we ensure that asset retirement is not just a regulatory obligation but a streamlined, cost-effective process. Together, we can achieve significant improvements in ARO metrics and overall operational efficiency.