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. On Thursday, April 2, 2020, Bill 12: Liabilities Management Statutes Amendment Act, passed the third reading in the Alberta Legislature. The Bill will enable the Orphan Well Association (OWA) to better manage and accelerate the … [Read more...]
XI Technologies: What can the oil and gas industry do while waiting for the next “new normal”?
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. With our industry currently dealing with the dual challenges of physical distancing due to the COVID-19 outbreak and an oil price crash due to an international price war, it is difficult to anticipate what life will be like on the … [Read more...]
XI Technologies: The power of the remote office
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. This week, XI’s President and CEO Darryl Stackhouse wanted to share his thoughts on the current situation. If you’d like to receive our Wednesday Word to the Wise in your inbox, subscribe here. As we all attempt to navigate our way through this difficult and surreal time, I think one of the hardest things to deal with … [Read more...]
XI Technologies: Drilling Top Tens for 2019
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. E&Ps continuing to drill in Canada remain among the most strategic and innovative in the world, doing everything in their power to maximize ROI from their drilling programs and achieving commendable results. Canadian E&P … [Read more...]
XI Technologies: March 2020 Alberta Expiring Land Report – Are there opportunities for you?
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. XI Technologies looks at expiring land every month 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 activity … [Read more...]
XI Technologies: What to do without the AER’s LMR report
XI Technologies: What to do without the AER’s LMR report 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. For the past few months, XI Technologies has been tracking the status of the AER’s monthly detailed liability management rating (LMR) reports. The summary report with … [Read more...]
XI Technologies: Open Asset Evaluation for February 2020
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. Succeeding in oil and gas development comes down to how well and how quickly you can analyze potential opportunities. Once a month, XI Technologies will apply its evaluation tools to a currently available asset to give readers a sense … [Read more...]
XI Technologies: February webinars to offer insights into environment liability management.
XI Technologies is hosting two free webinars in January to address common questions when it comes to asset retirement obligations. These webinars will be 45 minutes each and will demonstrate how ARO Manager helps users with a built-in, industry-recognized cost model and the differences between using ARO vs using LLR numbers in your environmental liability management. Webinar : Creating a Standardized ARO Cost Model Time: 10:00am – 10:45am MST Date: Thursday, February 20, 2020 Click … [Read more...]
XI Technologies: The most common issues with drilling data
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. In today’s economy, drilling departments are working with a slim margin for error. Smaller drilling programs working with even small drilling budgets result in greater pressure to reduce well construction costs. More important still … [Read more...]
XI Technologies: February 2020 Expiring Land Report – Are there opportunities for you?
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. XI Technologies looks at expiring land every month https://xitechnologies.com/wttw-subscription/?source=ENow_WTTWbecause it can provide useful business development intel for service companies and E&Ps alike. For service companies, … [Read more...]
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