Peyto recently underwent an acquisition that resulted in an increase in their asset retirement obligations. This acquisition
resulted in a need for a new solution to manage costs, consultants, and budgets effectively, as using Excel spreadsheets
was not feasible.
“Adaptability, Visual tool, Cost-effectiveness – These words encapsulate my experience with Matidor. This project management tool is something that I would highly recommend to anyone, as it is competitively priced and user-friendly’! And a quick shout out to the Customer Support team, as they are receptive and quick to respond.”
Anthony Traverse, Senior Environmental Analyst
Upon Peyto’s acquisition of Repsol’s assets in Canada, the need arose for a solution to transition data management from an existing program that Peyto did not adopt. Excel spreadsheets were not viable options, necessitating a user-friendly application to manage costs, consultants, and budgets. Additionally, compliance with the Alberta Energy Regulator’s (AER) regulations for inventory reduction and mandatory spend quotas required real-time tracking and reporting capabilities.
Peyto sought an application that offered ease of management, real-time cost tracking, and seamless reporting. The complexity of the previous system’s back-end foundations posed limitations, prompting the exploration of alternatives. Matidor emerged as thepreferred choice due to its intuitive interface, configurability, and responsive customer support.
Peyto evaluated several solutions before selecting Matidor. The inability to independently configure fields and the high cost of additional licenses with their previous solution were significant drawbacks. Matidor’s affordability, ease of configuration, and mobile accessibility stood out as compelling advantages.
Easy transition from Peyto’s previous data management program
Streamlined project management and cost-tracking processes
Real-time communication and collaboration capabilities
Increased adaptability and flexibility in field operations
Matidor revolutionized project management and cost tracking for Peyto, enhancing communication, adaptability, and
Easy managing and sharing of site information with consultants
Real-time field cost tracking reduces the risk of budget overrun.
Seamless communication within the application prevents information loss
Smooth execution of site activities through task management
Configurable templates make tracking easy for different types of project needs
Visualizing sites and GIS layers on a map enhances project understanding, leading to better project planning and cost savings
Mobile app enables access to everything needed for field operations
The onboarding process with Matidor was smooth, with data imported seamlessly from their previous system. Matidor’s user-friendly interface allowed for quick adaptation, enabling Peyto to customize fields and workflows independently.
With Matidor, the staff at Peyto were able to better assess and plan their sites by seeing all their project sites laid out on a map. Being able to track what is happening within a project with their consultants also helps a great deal in terms of managing tasks and budgets.
That’s just scratching the surface of what’s possible with Matidor.
