H2SComplete is Your Key to Compliance - Speed, Savings, and Expertise With XI’s H2SComplete service you’ll receive expert analysis and documentation of your H2S release rate assessment for compliant well licensing (AER Directive 056). Fast Results – Reports delivered in under one week Low cost – Spend hundreds, not thousands on data analysis Expert analysts – Professionals with years of regulatory experience doing the work Delegated tasks – Let your engineers be engineers, not [Read more]
XI Technologies: Industry Voices – From Data Dungeons to Dynamic Decisions
Transitioning from spreadsheets to online database platforms can revolutionize the way companies manage and analyze their data. XI Technologies' AssetBook is a premier tool that facilitates this transition, offering detailed analysis and reports on working interest production, historical production, reserves, asset retirement obligations, land holdings, facilities, and pipelines. To understand its impact, we spoke with several industry professionals who have recently made the [Read more]
XI Technologies: Pipeline to the Future – How Summer Students Reinvent the Industry
As the Canadian oil and gas industry faces evolving challenges and opportunities, the role of summer students becomes increasingly crucial. These students are not merely temporary workers; they represent the future of the various departments within the organizations they join. By integrating fresh perspectives, innovative ideas, and cutting-edge academic knowledge, summer students play a pivotal role in shaping the future of the oil industry. Additionally, leveraging the advanced tools and [Read more]
XI Technologies: Breakup Blues – Challenges in Canada’s Oil Fields
Stay connected wherever you are. Subscribe to receive WTTW directly to your inbox and enrich your understanding with ease. As winter wanes and temperatures rise, Western Canada's oil fields undergo a unique phenomenon known as "spring breakup." While this term may evoke images of thawing ice and budding flowers, in the oil industry, it signifies a period of challenges and adjustments. What does spring breakup entail, what impact does it have on operations and service companies, and how has [Read more]
XI Technologies: Clicks to Compliance – Accelerating H2S Reporting
Stay connected wherever you are. Subscribe to receive the WTTW directly to your inbox and enrich your understanding with ease. In the intricate world of H2S reporting within the oil and gas industry, efficiency and accuracy are paramount. This is where web-based tools, akin to XI Technologies RegulatorySuite, come into play, offering a streamlined solution for companies grappling with regulatory compliance. The essence of web-based tools, such as XI’s H2SComplete, are designed to [Read more]
XI Technologies: Central Alberta’s Oil Odyssey Continues
In our last article, we talked about how Central Alberta stands as a beacon of energy production, driving economic growth and innovation in the heart of Canada's energy landscape. Amidst the vast expanse of drilling activities in this region, efficiency and optimization are paramount for success. Data from XI Technologies' DrillingSuite serves as part of the revolution in the way companies navigate the complexities of drilling operations, empowering them to unlock valuable insights, optimize [Read more]
XI Technologies: Central Alberta – Black Gold Beneath the Prairies
In the dynamic landscape of oil and gas production, Central Alberta is commanding a significant portion of recent production. Looking at data current to Feb 2024, 31% of the production from wells spudded in the last three months are located within the Central Alberta Region. The image below illustrates the Central Alberta Region, highlighting the production hot spots. This week, we delve into the southern portion of Central Alberta where we see some of the highest production and shed [Read more]
XI Technologies: Breaking Down Silos: Uniting Finance and Operations Teams
In the vibrant business landscape, the tag team match between finance and operations has taken centre stage. Once seen as solo players, they’re no longer content with playing in separate sandboxes. These powerhouses are teaming up to break down barriers, boost productivity and efficiency, unlocking profit potential by sharing savvy strategies to foster teamwork and triumph together! Understanding the Gap Finance and operations teams often operate in silos, with distinct objectives, metrics, [Read more]
XI Technologies – “Liability Limbo”: Improving The Bottom Line With Liability Reduction
In keeping with our recent theme of cleaning up liabilities, this week we dig deeper into liabilities at a company level. Although the AER and BCER ended their practice of providing third-party liability management rating (LMR) reports at the end of 2020, it continues to be a component of the holistic analysis being completed by both the AER and BCER when reviewing acquisition and/or divesture work, as well as in assigning Peer Group rating in Alberta. As the industry embraces this more [Read more]
XI Technologies: “From Lease to Release” – April 2024 Alberta Expiring Land Report
XI Technologies looks at expiring land to provide useful business development intel for both service companies and exploration and production (E&P) companies alike. For service companies, expiring lands provide insight into where drilling activity is most likely to occur over the coming months, and who is behind it. For E&Ps, the expiring land report helps flag farm-in opportunities and/or land that may become available in your core area(s). According to AssetBook data, these are the [Read more]
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