Minimize ARO, accelerate remediation and reclamation processes, cost savings

Clients often hold operated and non-operated legacy interests in suspended or abandoned oil and gas wells and sites that have not been fully reclaimed, which result in an ongoing corporate balance sheet liability, known as the asset retirement obligation or "ARO". These site liabilities generally require annual payments for surface and mineral lease rentals until sites are decommisioned and site remediation and reclamation has been completed. Our team can review and confirm your ARO obligations ("ARO") and provide a plan to minimize or eliminate these liabilities and reduce your future site costs. Contact us to discuss how we can add value.