Each week, XI Technologies scans its unique combination of enhanced industry data to provide trends and insights that have value for professionals doing business in the WCSB. If you'd like to receive our Wednesday Word to the Wise in your inbox, subscribe here. Every few months, we like to take a look at expiring land because it can provide useful business development intel for service companies and E&Ps alike. For service companies, expiring lands provide insight into where drilling … [Read more...]
XI Technologies: It’s 2019, do you know where your assets are?
Each week, XI Technologies scans their unique combination of enhanced industry data to provide trends and insights that have value for professionals doing business in the WCSB. If you'd like to receive our Wednesday Word to the Wise in your inbox, subscribe here. Typically, when a company sells off an asset, the license will change ownership or title to the new company that’s purchased it. But there are certain circumstances when this doesn’t happen, and the license stays connected to the … [Read more...]
Best Practices in ARO Management: A senior leaders’ roundtable on evolving environmental liability management practices in the WCSB
Energy liability cases like Redwater and Sequoia have changed the way Canadian E&P companies access capital, evaluate deals, and manage asset retirement obligations (ARO), leaving industry struggling to keep up with changing rules and approaches. XI Technologies Inc., creators of the WCSB's first ARO management software, will host an executive roundtable on Thursday, November 14, 2019, at the Hudson Event Centre. XI has assembled an expert panel to discuss Best Practices in ARO … [Read more...]
XI Technologies: Simplifying your bank credit redeterminations
XI Technologies: Simplifying your bank credit redeterminations Each week, XI Technologies scans their unique combination of enhanced industry data to provide trends and insights that have value for professionals doing business in the WCSB. If you'd like to receive our Wednesday Word to the Wise in your inbox, subscribe here. Following the 2019 Redwater ruling, banks began revising the metrics they use to determine the borrowing bases for energy clients. Now, in addition to reserves … [Read more...]
XI Technologies: The good, the bad, and the ugly of drill planning information
Each week, XI Technologies scans their unique combination of enhanced industry data to provide trends and insights that have value for professionals doing business in the WCSB. If you'd like to receive our Wednesday Word to the Wise in your inbox, subscribe here. When planning a drilling program, the information gathering phase is critical to the success of the drilling project. Before a bit can break ground, you need to have an estimated drill time, an approach to … [Read more...]
XI Technologies: October 2019 Expiring Land Report – Are there opportunities for you?
Each week, XI Technologies scans their unique combination of enhanced industry data to provide trends and insights that have value for professionals doing business in the WCSB. If you'd like to receive our Wednesday Word to the Wise in your inbox, subscribe here. Several times a year, we like to take a look at expiring land because it can provide useful business development intel for service companies and E&Ps alike. For service companies, expiring lands provide insight into where … [Read more...]
XI Technologies: When budgets are this tight, you need to drill smarter
Each week, XI Technologies scans their unique combination of enhanced industry data to provide trends and insights that have value for professionals doing business in the WCSB. If you'd like to receive our Wednesday Word to the Wise in your inbox, subscribe here. It’s a myth that drilling has ceased in the WCSB. That notion is simple shorthand for the difficulties our industry currently faces in today’s economy, something you say when commiserating with colleagues and industry contacts. … [Read more...]
October webinars to offer insights into drill planning and ARO management
XI Technologies is hosting two separate webinars this month demonstrating how to leverage public data for better decision making. One session is for anyone who wants to plan and execute more efficient, innovative, and problem-free drilling programs. The other is for anyone whose role includes evaluating and understanding asset retirement obligations. Webinar: Leveraging public data for more efficient drill planning and drilling programs Time: 11:00am – 12:00pm MST Date: Thursday, … [Read more...]
XI Technologies: Why you need to take more interest in your working interest partners
Each week, XI Technologies scans their unique combination of enhanced industry data to provide trends and insights that have value for professionals doing business in the WCSB. If you'd like to receive our Wednesday Word to the Wise in your inbox, subscribe here. We begin this week’s article with some seemingly simple questions that might be more difficult to answer than you realize: do you know all your working interest partners? Do you know all the inactive wells in which you have a … [Read more...]
XI Technologies: How the oil and gas industry can adapt to today’s challenges
Each week, XI Technologies scans their unique combination of enhanced industry data to provide trends and insights that have value for professionals doing business in the WCSB. If you'd like to receive our Wednesday Word to the Wise in your inbox, subscribe here. Last week, XI had the opportunity to take part in two important industry conferences, the Canadian Association of Petroleum Landman (CAPL) Conference and the Energy Disruptors Conference. Both these conferences featured exciting … [Read more...]
