360 streamlines the management

of oil and gas liabilities and asset

retirement obligations, so you can

focus on creating a business that thrives,

today and in the future.

Making Growth Simple

Creating a growing business in the energy industry is a complex process, requiring extensive connections between natural resources, networks of industry and government professionals, and assets throughout their lifecycle – from initial prospecting and acquisition through to eventual abandonment and reclamation. 360 ELM streamlines liability management and makes growth simple so that our clients can focus on creating thriving businesses, industries, and communities.

Our Services

360 Energy Liability Management supports our clients with a variety of liability strategy, assessment and execution services, which help our clients drive efficiencies, decrease operational costs and control key corporate metrics including Liability Management Rating (LMR) and Liability License Rating (LLR).

As a fully integrated consulting firm, 360 offers guidance and a suite of services to maximize the value of our clients’ asset portfolios and to reduce liabilities through the management of acquisitions, divestitures, abandonments, and reclamation. Collectively, we have reduced deemed liabilities for clients by over $600MM and have managed over 3,500 abandonment and reclamation projects.

Accurate liability assessment and due diligence strategy allows you to assess abandonment and environmental obligations and negotiate with confidence.

Expanding regulation around abandonment, remediation, and reclamation is increasing the financial risks and challenging the balance sheets of firms financially invested in the energy industry. In every step along the A&D due diligence process, 360 works alongside clients to evaluate opportunities as a means of reducing the financial risk of abandonment and reclamation obligations, and to maximize the value of their assets and investments. We also assist clients in navigating regulatory requirements along the entire license transfer process.

Our liability strategy team collaborates with clients to optimize liabilities and effectively manage their abandonment, environmental, and regulatory programs.

Through company-wide reviews of programs, practices and processes, as well as field-level assessments of assets (from well to facility and beyond), 360 works with clients to develop strategies to manage liabilities. We empower clients to better manage their liabilities and improve performance based on their short, medium and long-term goals. Our services include comprehensive liability management plans, strategic advisory and LMR & LLR optimization.

Delivering full-cycle abandonment, strategic environmental program and project management services that you can rely on.

From initial site selection through to field level execution, 360 specializes in the full-scale management of well, facility and pipeline abandonment, and environmental projects. Our support includes engineering, programming, supervision, third-party consultation, Board submissions, infrastructure removal, and management of on-site abandonment, remediation and reclamation. As part of our Environmental and Reclamation Cycle, we conduct Phase I and Phase II services, Environmental Site Assessments, Detailed Site Assessments (DSAs) and coordinate and supervise any remedial and reclamation activities. Being performance-focused, our goal is to deliver results by appropriately retiring assets and creating new opportunities for growth.

With decades of combined experience working closely with government and industry, 360 ELM can help ensure compliance and break down barriers between you and regulators to reduce the risk of project delays, suspension of operations, and other regulatory issues.

360 forms connections between organizations and people across the oil and gas industry, breaking down barriers between departments, businesses, and regulators to ensure our clients grow without regulatory issues. Doing so requires deep knowledge of regulators’ internal standards and processes. From assistance developing and monitoring compliance programs such as IWCP and Directive 13 obligations to guidance communicating with regulatory bodies and preparing submissions and applications, 360 empowers clients to more efficiently and effectively manage regulatory compliance.

Area Based Closure is a cost effective, flexible approach to regulatory closure.  360 leads the industry in facilitating and managing area based asset retirement campaigns for multiple operators as a trusted independent third party.

Area Based Closure is a collaborative initiative designed to enable a more efficient end of life closure process.  Clients that participate in 360’s area based closure portfolio benefit from the economies and efficiencies of larger targeted campaigns – delivering the potential to achieve greater liability reductions for the same expense.

  • Acquisition and Divestitures Liability Assessments

    Accurate liability assessment and due diligence strategy allows you to assess abandonment and environmental obligations and negotiate with confidence.

    Expanding regulation around abandonment, remediation, and reclamation is increasing the financial risks and challenging the balance sheets of firms financially invested in the energy industry. In every step along the A&D due diligence process, 360 works alongside clients to evaluate opportunities as a means of reducing the financial risk of abandonment and reclamation obligations, and to maximize the value of their assets and investments. We also assist clients in navigating regulatory requirements along the entire license transfer process.

  • Corporate Liability Strategy and Planning

    Our liability strategy team collaborates with clients to optimize liabilities and effectively manage their abandonment, environmental, and regulatory programs.

    Through company-wide reviews of programs, practices and processes, as well as field-level assessments of assets (from well to facility and beyond), 360 works with clients to develop strategies to manage liabilities. We empower clients to better manage their liabilities and improve performance based on their short, medium and long-term goals. Our services include comprehensive liability management plans, strategic advisory and LMR & LLR optimization.

  • Asset Retirement Obligation (ARO) Program Execution – Abandonment, Reclamation and Remediation Coordination & Execution

    Delivering full-cycle abandonment, strategic environmental program and project management services that you can rely on.

    From initial site selection through to field level execution, 360 specializes in the full-scale management of well, facility and pipeline abandonment, and environmental projects. Our support includes engineering, programming, supervision, third-party consultation, Board submissions, infrastructure removal, and management of on-site abandonment, remediation and reclamation. As part of our Environmental and Reclamation Cycle, we conduct Phase I and Phase II services, Environmental Site Assessments, Detailed Site Assessments (DSAs) and coordinate and supervise any remedial and reclamation activities. Being performance-focused, our goal is to deliver results by appropriately retiring assets and creating new opportunities for growth.

  • Regulatory Guidance

    With decades of combined experience working closely with government and industry, 360 ELM can help ensure compliance and break down barriers between you and regulators to reduce the risk of project delays, suspension of operations, and other regulatory issues.

    360 forms connections between organizations and people across the oil and gas industry, breaking down barriers between departments, businesses, and regulators to ensure our clients grow without regulatory issues. Doing so requires deep knowledge of regulators’ internal standards and processes. From assistance developing and monitoring compliance programs such as IWCP and Directive 13 obligations to guidance communicating with regulatory bodies and preparing submissions and applications, 360 empowers clients to more efficiently and effectively manage regulatory compliance.

  • Area Based Closure (ABC) Management

    Area Based Closure is a cost effective, flexible approach to regulatory closure.  360 leads the industry in facilitating and managing area based asset retirement campaigns for multiple operators as a trusted independent third party.

    Area Based Closure is a collaborative initiative designed to enable a more efficient end of life closure process.  Clients that participate in 360’s area based closure portfolio benefit from the economies and efficiencies of larger targeted campaigns – delivering the potential to achieve greater liability reductions for the same expense.

The 360 Difference

Whether executing full-service Liability Management projects on your behalf or complementing your already established internal team, we are experts in guiding organizations through the nuances of ARO strategy, processes, and regulations across Western Canada.

  • 360 Energy Liability Management streamlines and enhances your ability to optimize your company’s asset portfolio and reduce risk and liability, from initial prospecting through to abandonment and reclamation.
  • We unearth hidden value in your asset portfolio.
  • By looking at your entire portfolio, we help manage liabilities with the big picture in mind, enabling you to strategically manage and optimize your assets.
  • We balance sustainability and immediate profitability to help you extract the most value from assets and opportunities.
  • Our decades of combined experience working closely with government and industry allows us to break down barriers and streamline the regulatory process.
  • Our collaborative, full-cycle solutions span internal departments and connect siloed teams and information.

Managing Partners

Chief Executive Officer

Ryan attended the University of Guelph where he earned a Bachelor of Arts degree with a major in Economics. He brings unwavering business acumen, strong networking abilities and clear leadership to the 360 team. Ryan acquired ownership of his first oilfield service company in 2011 and oversaw its successful growth before selling it to launch 360 Energy Liability Management. Leadership and teamwork are values which are deeply ingrained in Ryan, thanks to his time with the Canadian Rugby Team. A former Captain, Ryan played in 51 international matches and three Rugby World Cups. In addition to Canada, Ryan also played professional rugby in France and New Zealand.

Outside of work, Ryan spends time with his family, is an avid golfer and squash player, and has a penchant for all sports. He also spends time working with and coaching local rugby clubs and is involved in two charitable foundations as a board member and ambassador.

Ryan Smith

President

Mark is a graduate of the University of Alberta and has over 10 years of experience in the oil and gas industry. Prior to founding 360 Energy Liability Management in 2015, Mark spent time in both field and office-based roles for a major oilfield services company, where he developed a reputation for visionary leadership and an aptitude for improving operational efficiencies. As a leader, Mark epitomizes integrity, energy, hard work, and attention to detail, qualities which permeate the company’s culture.

Prior to his career in oil and gas, Mark played five years in the Western Hockey League and four years of collegiate hockey for the University of Alberta – a team with whom Mark won a national championship. Outside of the office, Mark is currently enrolled in the distance MBA program at Edinburgh Business School and can be found hiking, cycling, or skiing with his family in the Bow Valley.

Mark Ashton

Chief Liability Officer

Bryce is a geoscientist with over 16 years of experience in the environmental and regulatory fields within British Columbia and Alberta. He started his career as an environmental consultant in the oil and gas sector, and later moved to a regulatory position with the Ministry of Environment where he was responsible for regulatory development, compliance, and policy enforcement. Bryce has been working as an industry representative in the upstream oil and gas sector for the past eight years and has played an integral role in the conceptualization and launch of 360 Energy Liability Management. Bryce’s diverse experience has allowed him to find innovative and cost-effective solutions that address environmental and regulatory issues while simultaneously operating within existing regulatory criteria.

In his personal time, Bryce often returns to his home province of BC to spend time sailing and fishing. He is a former fishing guide and has a love for the water and all things outdoors. Bryce is also a competitive squash player and enjoys biking and playing basketball.

Bryce Watson, P. Geo
  • Ryan Smith
    Ryan Smith

    Ryan attended the University of Guelph where he earned a Bachelor of Arts degree with a major in Economics. He brings unwavering business acumen, strong networking abilities and clear leadership to the 360 team. Ryan acquired ownership of his first oilfield service company in 2011 and oversaw its successful growth before selling it to launch 360 Energy Liability Management. Leadership and teamwork are values which are deeply ingrained in Ryan, thanks to his time with the Canadian Rugby Team. A former Captain, Ryan played in 51 international matches and three Rugby World Cups. In addition to Canada, Ryan also played professional rugby in France and New Zealand.

    Outside of work, Ryan spends time with his family, is an avid golfer and squash player, and has a penchant for all sports. He also spends time working with and coaching local rugby clubs and is involved in two charitable foundations as a board member and ambassador.

  • Mark Ashton
    Mark Ashton

    Mark is a graduate of the University of Alberta and has over 10 years of experience in the oil and gas industry. Prior to founding 360 Energy Liability Management in 2015, Mark spent time in both field and office-based roles for a major oilfield services company, where he developed a reputation for visionary leadership and an aptitude for improving operational efficiencies. As a leader, Mark epitomizes integrity, energy, hard work, and attention to detail, qualities which permeate the company’s culture.

    Prior to his career in oil and gas, Mark played five years in the Western Hockey League and four years of collegiate hockey for the University of Alberta – a team with whom Mark won a national championship. Outside of the office, Mark is currently enrolled in the distance MBA program at Edinburgh Business School and can be found hiking, cycling, or skiing with his family in the Bow Valley.

  • Bryce Watson, P. Geo
    Bryce Watson, P. Geo

    Bryce is a geoscientist with over 16 years of experience in the environmental and regulatory fields within British Columbia and Alberta. He started his career as an environmental consultant in the oil and gas sector, and later moved to a regulatory position with the Ministry of Environment where he was responsible for regulatory development, compliance, and policy enforcement. Bryce has been working as an industry representative in the upstream oil and gas sector for the past eight years and has played an integral role in the conceptualization and launch of 360 Energy Liability Management. Bryce’s diverse experience has allowed him to find innovative and cost-effective solutions that address environmental and regulatory issues while simultaneously operating within existing regulatory criteria.

    In his personal time, Bryce often returns to his home province of BC to spend time sailing and fishing. He is a former fishing guide and has a love for the water and all things outdoors. Bryce is also a competitive squash player and enjoys biking and playing basketball.

Insights

The Best Time to Plant a Tree…

“The best time to plant a tree is twenty years ago. The second-best time is now.” We hope that in 20 years from now, we can look back and say that we planted the trees. Over the past number of years of running a business, one of the hardest things we’ve grappled with is how […]

Environmental Risk Management – The dose makes the poison

Part 2 – See our Insights section for Part 1 and for an overview of how guidelines are developed There is an old saying that the dose makes the poison, accredited to Paracelsus, the father of toxicology. We can observe this in effect when we drink alcohol, a small amount has virtually no long-term effect, […]

Environmental Risk and Harm in Spills

The risk an environmental release poses does not necessarily equate to actual harm. The risk more accurately reflects the likelihood and severity of potential harm occurring. The harm that occurs is the result of numerous complex factors such as the volume of a spill, what the fluid is, how close it is to human activities […]

Client Relationships

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Location

The Edison
1130, 150 9th Ave SW
Calgary AB T2P3H9