Meridian
Platform

The reclamation-risk instrument, in detail.

Meridian turns 10-metre satellite imagery into a defensible view of reclamation risk — the recovery state of the land, the obligation it carries, and the covenants that ride on it.

What Meridian does

Score the land. Quantify the obligation. Monitor the book.

01
Score the land

Recovery score, 0–100

A satellite-derived, rules-based measure of how far each site has actually recovered — built to survive a redetermination and reconcile with the regulator's numbers, not a black-box ML output.

02
Quantify the ARO

Dynamic ARO

A per-site abandonment-and-reclamation obligation that updates as the ground changes and as cost drivers move, with P10–P90 cost bands from Monte Carlo over regional unit costs and timing.

03
Monitor the covenants

Covenant & exposure monitoring

LMR and decommissioning-reserve tracking, orphan-well exposure heat-maps, and early-warning indicators across the book — surfaced before the next file review would catch them.

Recovery score — by years since reclamation0–100
05010001234567
Representative — mean score across a reclaimed-site cohort, years since reclamation on the x-axis.
How it works

From a licence list to a defensible number.

  1. 01

    Register your sites

    Bring your licences, UWIs, or a whole portfolio. Meridian locates every site across Western Canada and links it to the public regulatory record.

  2. 02

    Read the satellite record

    We pull each site's multispectral history from Sentinel-2 (10-metre, ~5-day revisit) and establish a pre-disturbance baseline from the imagery archive.

  3. 03

    Score recovery & ARO

    A 0–100, rules-based recovery score and a dynamic, auditable asset-retirement-obligation estimate per site — interpretable and defensible, not a black box.

  4. 04

    Monitor & report

    Track LMR and decommissioning-reserve covenants, orphan-well exposure, and recovery trajectory across the book — with regulator-ready reporting on demand.

One platform

ARO is the flagship. The basin is the platform.

Every signal starts in one place — 684,158 WCSB wells, modeled individually from satellite imagery, the public regulatory record, and operator filings. A defensible ARO is the flagship of that spine. The same per-well graph powers a widening surface of basin intelligence:

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.

Basin M&A — recent comps651 deals tracked
PlayYearDeal value$/boe/d$/wellPV10
Montney gas2024C$1.2B38,2002.4M0.82×
Clearwater oil2024C$540M51,0001.1M0.74×
Duvernay2023C$2.1B44,6003.0M0.79×
Cardium2023C$310M29,8001.6M0.68×
Representative slice — multiples extracted from the source announcements for every disclosed WCSB transaction.

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.

Working interest — one site, traced2006 → present
Anderson E&P
2006–2012
Devon Canada
2012–2019
CNRL
2019–present
Representative — predecessor entities folded into the current operator, so the 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.

Why it holds up

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.
Request access

See your portfolio scored.

Meridian is onboarding a small number of design partners — across lenders, investors, operators, and the firms doing the reclamation. Request access and we’ll walk your assets through a satellite-verified reclamation-risk view.

We use this only to evaluate access. No account is created by this form.