Alberta Energy Regulator - Advanced Contract Award Notice / Notice of Proposed Procurement - 502-NPP Enserva Well Cost Study + geoXPLORER

Subject to this NPP, The Alberta Energy Regulator (AER) intends to enter into an agreement with geoLOGIC SYSTEMS. The AER deems geoLOGIC SYSTEMS is the only qualified candidate to fulfil providing Well Cost Study and relevant data for Alberta including the Quarterly Newsletter – geoXPLORER, due to its experience, comprehensive, high-standard, timely bi-annual data of the details of well costs by formation and by PSAC (Petroleum Services Association of Canada) area, and associated information by granular cost items (50+ categories) with standard Authorization for Expenditure (AFE) workflows. This contract will be for three years with the option to renew for another two, single year terms.