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. Periodically at XI Technologies, we publish overviews of significant areas of interest in the Western Canadian Sedimentary Basin. This week, we’ll leverage XI Technologies’ drilling data to give an overview of drilling trends in the [Read more]
XI Technologies: Challenges with emissions data analysis in mergers, acquisitions, and divestitures
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 producers in the WCSB, emissions reduction planning isn’t coming; it’s here. Whether it’s driven by investors, lenders, regulators, or government initiatives, it has become necessary to deal with emissions in oil and gas [Read more]
XI Technologies: June 2022 Alberta expiring land 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. 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]
XI Technologies: Pembina/Cardium drilling snapshot
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 May, we published an overview of the Pembina field focusing on ownership, production history, liabilities, and emissions in the region. This week, we’ll leverage XI Technologies’ drilling data to give an overview of drilling trends [Read more]
XI Technologies: Consolidation in the WCSB
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]
XI Technologies: Examining well license data to determine 2022 drilling potential
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]
Are you tracking emissions for your A&D? Should you be?
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]
XI Technologies: Pembina area snapshot
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]
XI Technologies: The new BCOGC Permittee Capability Assessment (PCA) and the changing nature of WCSB liabilities
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]
XI Technologies: May 2022 Alberta expiring land 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. 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]
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