Platform
The valuation engine behind Cervus' evaluation desk. Every Canadian upstream asset and every public Canadian E&P, modeled bottom-up on live market pricing and legislated fiscal terms — a depth of modeling off-the-shelf databases don't attempt.
Explore the platform at reservoiriq.ca
Wells across Alberta, Saskatchewan, and British Columbia, modeled bottom-up
Public Canadian E&P operators with full equity-NAV waterfall
Editable variables per thermal facility in our scenario workbench
What ReservoirIQ does
ReservoirIQ is a bottom-up oil and gas intelligence platform. It models every well in Alberta, Saskatchewan, and British Columbia, every public Canadian E&P operator, the thermal and oil-sands facilities, the East Coast offshore fields, and the integrated downstream chain. Every number is built month by month from public production data, regulatory filings, and reserve-evaluator methodology, and the platform publishes its methodology, calibration, and validation results openly.
Cervus runs its evaluation desk on ReservoirIQ, and every Cervus engagement draws on the platform's full depth. ReservoirIQ itself is a separate company, with the platform available directly at reservoiriq.ca — the advisory relationship and the platform subscription are separate offerings.
Capabilities
Decline-curve fits and type-curve scaling across the full Western Canadian well base, grouped by formation, play archetype, and drill type. More than 186,000 wells carry cached bottom-up economics for sub-second screening, across 200-plus play archetypes from Montney Kakwa liquids to Clearwater multilaterals to Cardium Pembina.
Bottom-up NAV waterfall for every public Canadian E&P. Conventional, SAGD, mining, upgrader, downstream, offshore, midstream, land value, debt, ARO. All post-tax under combined federal and provincial rates, with CCA Class 10 declining-balance, half-year rule, and loss carryforward. Reconciled live against TSX market cap.
Pad-by-pad scheduling across the SAGD, CSS, and oil-sands mining fleet with geology-aware steam-oil-ratio derivation. Reservoir impairments quantified as SOR penalty, peak rate reduction, and ramp delay (lean zones, IHS, shale barriers, thief zones, top gas, top water). Long-life DCF honoring AER-approved horizons (Kearl 2070, Fort Hills 2066, Scotford 60-year).
Pricing runs on a live futures-strip deck struck from daily market settlements and blended into long-term analyst forecasts, with conservative and bull variants beside it. Published reserve-evaluator decks are available for apples-to-apples comparison, and fiscal terms are the legislated frameworks: Alberta and Saskatchewan royalty, freehold tax, oil-sands royalty, offshore regimes, and Alberta TIER carbon pricing.
Eighty-eight editable variables across 16 categories per thermal facility. Per-pad geology, capacity, capex, opex itemization, upgrader product slate, royalty parameters. Save and load named scenarios with permalinks. A/B compare any two with diff expander.
Drop a SAGD plant or midstream facility anywhere on the map. The model sources feedstock from real wellhead production within a configurable radius and runs a 40-year DCF calibrated against operating comps.
Data and methodology
Every number in ReservoirIQ is built from publicly available regulatory and operator data. Methodology is cited inline against original source.
Tour
Screenshots of the live platform, framed by what each view does for an evaluation.
1
Every conventional well, every SAGD pad, every refinery, every offshore field, modeled component by component and stacked into a defensible equity-NAV-per-share. Compared live to TSX market cap, with sub-second toggling between price-deck lenses.
2
Every Western Canadian well on a single map with bottom-up NPV bubbles. Filter by more than 200 play archetypes (Kakwa liquids vs. Deep Basin dry, Clearwater multilateral vs. Bakken SK), and the screener re-ranks by DPI or remaining NPV against the new filter.
3
Eighty-eight editable variables per facility (capacities, capex, opex itemization, geology per pad, upgrader product slate, royalty parameters). Save scenarios. Share via permalink. A/B compare any two with the cash-flow overlay.
4
Pad-by-pad scheduling with reservoir impairment modeling. Lean zones, IHS, shale barriers, thief zones, top gas, top water. Each impairment quantified as SOR penalty, peak rate reduction, and ramp delay. Long-life DCF honors AER-approved horizons.
5
Drop a SAGD plant or frac/gas plant anywhere on the map. The tool sources feedstock from real wellhead production within a configurable radius and runs a 40-year DCF calibrated against operating comps.
6
Every public Canadian E&P ranked by NAV-to-market ratio. Toggle between three published price decks (conservative, blend, bull). Operators that look mispriced under one lens often reconcile under another.
7
When ReservoirIQ NAV diverges from analyst consensus, the tool explains why. SAGD reserve life, mining inventory, international assets, midstream optionality, price-deck differential. Every gap has a defensible attribution.
8
Every well's NPV is built from raw production data, through DCA fit, to economics. Rebuild any layer with one click. The tool times each phase and counts cache hits, so every layer of the model is auditable end to end.
9
Every well prices to the right hub. Heavy oil to WCS, light to MSW, condensate to C5, gas to AECO, with formation-specific transport costs. No single oil-price assumption.
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Crown and freehold mineral lease polygons with operator attribution and net acreage, more than 135,000 leases across Alberta, Saskatchewan, and British Columbia. Powers undeveloped-land valuation and drilling-inventory sizing across the platform.
Scope
ReservoirIQ's coverage spans the Western Canadian Sedimentary Basin (Alberta, Saskatchewan, and British Columbia), East Coast Canada offshore, and cross-border integrated downstream where Canadian operators have refining and upgrading capacity (Lima, Toledo, Superior, Commerce City).
On the roadmap: Norway and UK North Sea offshore and US shale plays. Current coverage, methodology, and validation results are published openly at reservoiriq.ca.
Everything the platform publishes — coverage, methodology, validation results, and subscription options — lives at reservoiriq.ca. Every Cervus engagement runs on the same engine, so evaluation work lands in a maintained bottom-up model rather than a one-off spreadsheet. ReservoirIQ is a separate company; to talk about engagement work, reach Cervus through the contact page.
Visit reservoiriq.ca