Despite software solutions purpose-built for oil and gas companies to manage, track, and calculate ARO, many companies choose to manage their ARO programs using spreadsheets. But as ARO Management has grown in importance and complexity, managing an ARO program through spreadsheets is less than ideal. The initial benefits of spreadsheets – flexibility, familiarity, and affordability can’t overcome the challenges posed by utilizing a tool never made for this job.
Through the years, we’ve had many customers share their own personal spreadsheet horror stories as they replace their old processes with our standardized, web-based AssetBook ARO Manager. The stories themselves are varied, but all share a similar theme: the spreadsheets that once got the job done were now making the job far more difficult than it needed to be. This case study will detail some of those stories and how moving to ARO Manager made their jobs much easier.