Managing Remediation Budgets Within 1%: How Karve Energy Uses Matidor to Track Every Dollar in the Field

Company: Karve Energy Inc.
Industry: Oil and Gas, Remediation and Reclamation, Asset Retirement
Team: Sustainability Team
Location: Calgary, Alberta, Canada

See how Matidor works for oil and gas sustainability and reclamation teams.

Great system, very easy to use in house and with consultants. Very intuitive and easy to manage.
Sustainability Team
Karve Energy Inc.
Oil field pump jacks at sunset representing Karve Energy field remediation operations, where Matidor is used to track every remediation dollar and manage project budgets within 1 percent.

The Company

Karve Energy Inc. is a private oil and natural gas exploration and production company focused on the Viking light oil play in east central Alberta. Founded in 2014 and headquartered in Calgary, Karve operates across a growing portfolio of wellsites in the Greater Provost area, with an active capital program and a dedicated focus on responsible operations, environmental stewardship, and meeting its asset retirement obligations on schedule.

Modern glass office tower representing Karve Energy Inc. headquarters in Calgary, Alberta, an oil and gas exploration and production company managing remediation budgets and asset retirement obligations with Matidor.
Environmental field assessment site representing Matidor environmental services solution
A lot of time was spent digging through files, going to site numerous times. We couldn't trust the data.
Sustainability Team
Karve Energy Inc.

The Challenge

Before Matidor, Karve's sustainability team was using SiteView alongside spreadsheets to manage field projects and site data. The problem was that the data was rarely consistent or up to date. Spreadsheets required constant manual updates from the field, and the team could not trust what they were looking at.

The operational impact was real: the team was spending significant time chasing information rather than acting on it. With a growing portfolio of sites at various stages of remediation and reclamation, and with mandatory spend obligations that require budgets to be neither too high nor too low, the cost of unreliable data was not just operational — it was financial.

The core problem was organization. Keeping everything organized across multiple sites, multiple consultants, and multiple stages of the rem/rec lifecycle was a daily challenge that the existing toolset could not solve.

Why Matidor

Karve needed a single platform where every rem/rec site was visible, every cost was tracked in real time, and every consultant could enter data without the team having to chase updates. The platform also had to support the nuance of mandatory spend management, where being significantly under budget is just as problematic as an overrun.

Matidor's oil and gas platform was built for exactly this use case: multi-site remediation and reclamation programs where coordinators need live budget visibility, consultant accountability, and a complete site history in one place. The platform replaced fragmented spreadsheets and inconsistent SiteView data with a single source of truth the whole team could rely on.

The Solution in Action

Portfolio and Project Management

Every site in the rem/rec stage is now entered into Matidor, along with a complete record of what has been done and what stage of reclamation it currently sits at. The team can refer to any site and immediately see all associated pictures, files, and activity history in one place.

This replaced the previous workflow of digging through files or visiting sites multiple times just to confirm current status. Day-to-day coordination with consultants is now visible and manageable through Matidor's project management tools, and the team can see activity as it happens rather than waiting for updates to be compiled and sent.

Oil and gas wellsite representing Matidor oil and gas project management solution
Every site that is in rem/rec stage is in Matidor, along with what's been done and what stage of rec it sits at.
Sustainability Team
Karve Energy Inc.
It is much more manageable within our department but also with our consultants. We can see the day to day activity.
Sustainability Team
Karve Energy Inc.
Environmental field assessment site representing Matidor environmental services solution
I pull the costs daily to see how close we are to budgets. Our consultants are expected to add costs in daily. We use this for accruals and can see how close we are to spend, which is very important with mandatory spend. We cannot be too much under budget but also cannot be below. So this allows us to pivot as we watch costs.
Sustainability Team
Karve Energy Inc.

Budget and Cost Control

Budget tracking is now a live, daily process. Consultants are expected to enter costs into Matidor each day. The sustainability team pulls costs daily to monitor how close each project is to its budget — which is critical given the mandatory spend obligations Karve operates under.

Before Matidor, this level of oversight required spreadsheets and constant manual updates from the field. The process was reactive. Now it is proactive.

A Real Decision That Protected the Program

In oil and gas remediation and reclamation, mandatory spend requirements mean that staying within budget is not just a best practice; it is an operational necessity. Karve cannot be significantly over or under their targets, and that precision requires current data, not end-of-month reports.

With consultants entering costs into Matidor daily, the Karve team has a live view of where each project stands against budget at any given moment. That visibility allows the team to make timely, informed decisions about how the program is tracking, and adjust as needed before issues compound.

The result is a level of financial control that was not possible when the team was relying on spreadsheets and field updates. As the team puts it, Matidor has enabled Karve to be "able to manage our budget within 1%."

Oil and gas wellsite representing Matidor oil and gas project management solution
[We are] able to manage our budget within 1%.
Sustainability Team
Karve Energy Inc.

Results and Impact

Environmental field assessment site representing Matidor environmental services solution
Vastly time saved. Better reporting. Fewer mistakes. Most projects handled faster.
Anthony Traverse
Abandonment and Reclamation Coordinator, Peyto Exploration and Development Corp.

Since adopting Matidor, Karve's sustainability team has achieved measurable improvements across their remediation and reclamation program:

  • Budget managed within 1%: A direct result of daily cost tracking and real-time consultant data entry
  • Faster, better decisions: Real-time spend visibility allows the team to pivot on active programs before overruns occur
  • Trusted data: The team no longer loses time verifying information or visiting sites to confirm status
  • Stronger consultant coordination: Consultants enter data daily, keeping the office view current without manual chasing

The Solution in Action

Before Matidor
With Matidor
SiteView and spreadsheets with inconsistent, unreliable data
Single source of truth with live site status and cost data
Manual updates from field, constant file digging
Consultants enter costs daily, visible to office in real time
Reactive budget management, overruns discovered late
Proactive spend monitoring, pivots made before costs escalate
Time lost verifying status, revisiting sites
Immediate access to site history, photos, and activity logs
Budget accuracy hard to maintain
Budget managed within 1%

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About Matidor

Matidor is a GIS-native field operations platform built for oil and gas, environmental services, and multi-site operations. The platform unifies project management, real-time budget tracking, location intelligence, and offline-first field data capture into one easy-to-use system, giving operations teams complete visibility from the wellhead to the boardroom. Unlike generic project management tools or enterprise ERP systems, Matidor is purpose-built for field-intensive industries, with a typical onboarding timeline measured in weeks, not months. Track every project, dollar, and site in real time. Book a Demo