The basin, instrumented for the deal.
Meridian joins every WCSB well to its play, its operator's filings, the deal record, and the satellite view of the ground — so screening, underwriting, and monitoring all read from one reconciled spine.
Map the basin. Screen the deal. Underwrite the liability.
One per-well spine
Every well in the WCSB modeled individually and joined to its play, operator lineage, production, public filings, and disclosed transactions — one graph, so every downstream number agrees with the others.
Breakevens, netbacks & comps
Play-level breakevens repriced live as the strip moves, operator netbacks read from SEDAR+ filings and compared to what the strip implies, and comparable multiples from every disclosed WCSB deal — the ranked list of what's worth a closer look.
Recovery score & dynamic ARO
A 0–100, satellite-derived, rules-based recovery score on every site, driving a per-site abandonment-and-reclamation obligation with P10–P90 cost bands — built to survive a diligence process or a redetermination, not a black-box ML output.
Covenants & exposure
LMR and decommissioning-reserve tracking, orphan-well exposure heat-maps, and early-warning indicators across a portfolio — surfaced before the next file review would catch them.
From an area of interest to a defensible bid
- 01
Define the universe
Start from an area of interest, a play, an operator, or a whole portfolio. Meridian resolves it against every well in Western Canada and the public regulatory record.
- 02
Screen on the real numbers
Rank what's inside it by play breakeven against today's strip, netback gap from the filings, and comparable-deal multiples — the same numbers a bid committee will ask for.
- 03
Underwrite the liability
Every candidate carries a satellite-derived recovery score and a dynamic, auditable ARO with P10–P90 cost bands — so the closure cost is in the price from the first pass, not discovered in the data room.
- 04
Monitor & report
Track the position after the deal: LMR and decommissioning-reserve covenants, recovery trajectory, and exposure across the book — with regulator-ready reporting on demand.
The niche is ARO. The money is in the deal.
Abandonment liability now moves bids, borrowing bases, and transfer approvals. It’s the one number no one else can verify from outside the data room — Meridian reads it from orbit and nets it into every screen.
Basin M&A & deal analytics
Every disclosed WCSB A&D transaction — classified, with $/boe/d, $/well, PV10 and reserves multiples extracted from the source announcements, roll-up arc maps, and realized-in-registry reconciliation tying an announced deal to the actual licence transfers.
| Play | Year | Deal value | $/boe/d | $/well | PV10 |
|---|---|---|---|---|---|
| Montney gas | 2024 | C$1.2B | 38,200 | 2.4M | 0.82× |
| Clearwater oil | 2024 | C$540M | 51,000 | 1.1M | 0.74× |
| Duvernay | 2023 | C$2.1B | 44,600 | 3.0M | 0.79× |
| Cardium | 2023 | C$310M | 29,800 | 1.6M | 0.68× |
Ownership & operator intelligence
Lineage-traced ownership over time, operator portfolios, and consolidation patterns across the basin — folding predecessor entities so a working-interest history reads true through every name change.
…and a widening set of lenses
New capabilities ship continuously — each one inherits the same satellite-verified, registry-grounded spine, so the surface gets deeper without ever leaving the data it was built on.
Every number shows its work.
The score isn’t a proprietary index you take on faith. Each one is computed the same way for every site in the basin — so two analysts looking at the same ground reach the same number.
- Free, frequent imagery (Sentinel-2, 10 m, ~5-day revisit) — no per-site data bill.
- Rules-based composite of vegetation, moisture, and bare-soil indices — not a black box.
- Full Western Canada coverage (AB / BC / SK / MB) from day one.
Imagery & data
- Sentinel-2 L2A
- Microsoft Planetary Computer
- Petrinex
- SEDAR+ filings
- AER · BCER · SK ER public record
Methodology & standards
- AER Directive 011
- OSFI B-15
- IFRS ARO (IAS 37)
- LMR / LLR
See the basin the way you’d bid it.
Meridian is onboarding a small number of design partners: deal teams, private capital, lenders, and operators. Request access and we’ll run your area of interest through the screener — breakevens, netback gaps, comps, and the ARO behind them.