Alberta closure planning
Directive 088 gives every Alberta operator a mandatory closure quota. ClosureIQ reads the public AER well data, estimates each operator's closure exposure, and estimates which wells to close first to retire the most risk for a given budget. Every number traces back to a public source.
The problem
Alberta holds tens of billions in closure liability across roughly 78,000 inactive wells. Under Directive 088, each operator is handed a proportionate share of a $750 million annual closure spend and has to decide which wells to close to meet it. Most do it in spreadsheets.
What ClosureIQ does
Every inactive well is scored by Directive 013 compliance, AER deemed risk, dormancy, and overdue inspections, then split into near certain, watch, and reactivatable.
An OR-Tools optimizer picks the set of wells that retires the most risk for a given budget, batching closures by field area to cut mobilization cost.
Built only on the public AER Inactive Well list and published cost figures. Every number is a labelled estimate, never a confidential input.