XI Technologies

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 Wednesday Word to the Wise delivered directly to your inbox, subscribe here.  Industry consolidation is a common occurrence in the Western Canadian Sedimentary Basin, especially in periods of downturn such as the downturn in 2014 or the oil price crash in 2020. At XI Technologies, we periodically look at [Read more]

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.  Last month, the Canadian Association of Energy Contractors (CAOEC) published an updated drilling forecast adjustment for 2022. Following a robust first quarter, they raised their forecast to 6,902 wells to be drilled this year, up 6.9 [Read more]

Do emissions matter to you? They should. If it’s not the announcement of a new government platform, it’s an investor fund looking for ESG commitments or a major producer announcing GHG reduction programs. Access to reliable, fast third-party emissions data is needed to keep up with this new reality. When examining a potential acquisition, are you looking at its emissions considerations? How would this asset affect your corporate emissions goals and intensity targets? When divesting, could [Read more]

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 Wednesday Word to the Wise delivered directly to your inbox, subscribe here. This week for our Area Snapshot, we decided to do a snapshot of one of Canada’s largest, historic conventional oil fields, the Pembina. Predominantly a Cardium Oil play, the field is centred on Drayton Valley and has been active [Read more]

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 April, the BC Oil and Gas Commission (BCOGC) implemented the Permittee Capability Assessment (PCA) Program, designed to replace the existing Liability Management Rating (LMR) program. This comes after the Alberta Energy Regulator’s [Read more]

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 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 is most [Read more]

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. Last week, after a couple postponements and an organizational rebrand, the newly-named Canadian Association of Land and Energy Professionals (CALEP, formerly Canadian Association of Petroleum Landmen – CAPL) hosted its 2022 CAPL [Read more]