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]
XI Technologies: M&A Snapshot – Tamarack Valley Energy Ltd. and Rolling Hills Energy Ltd.
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. Merger and Acquisitions activity has continued to be active, particularly in strategic premier plays in Alberta. The Clearwater oil in Alberta is one such play and in this article we’ll explore Tamarack Valley Energy Ltd.’s (Tamarack) [Read more]
XI Technologies: Montney drilling overview
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. We recently published an overview of the Montney play focusing on ownership, production history, and liabilities in the region. This week, we wanted to leverage XI Technologies’ drilling data to give an overview of drilling trends [Read more]
XI Technologies: April 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: Montney overview
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. We reviewed the Montney in March of 2021 and activity in this play since then has continued to remain essential to the Western Canadian Sedimentary Basin development. Today, we’ll draw on XI Technologies’ enriched industry data to [Read more]
XI Technologies: M&A Spotlight – Vermilion Energy Inc. and Leucrotta Exploration Inc.
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 commodity prices still a focus of the industry and merger and acquisitions heating up again we thought we’d refresh our M&A spotlight. This week we’ll focus on the deal announced last week of Vermilion Energy Inc. (Vermilion) [Read more]
XI Technologies: March 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]
Webinar: The problem with spreadsheets in ARO Management
Have you recently wrestled with your ARO spreadsheet to complete your annual or quarterly report and wished there was an easier way? Join XI Technologies, a leader in asset data and ARO management software, to discover the best way to manage the financial complexities of end-of-life closure activities and obligations. This webinar is aimed at those tasked with the financial disclosure elements of ARO reporting and anyone wishing they didn’t have to deal with their unwieldy ARO [Read more]
XI Technologies: Liabilities and reclamations in 2021
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. The past two weeks, we’ve looked back on the oil and gas sector in Western Canada in 2021, focusing on production from new wells and existing wells. This week, we wanted to examine a different part of the E&P landscape and look at [Read more]
The problem with spreadsheets for ARO Management
Spreadsheets are easy-to-use, highly customizable, and come at no additional cost to most companies, so it is easy to see why they have become the default tool of choice for maintaining asset retirement obligations (ARO). However, as end-of-life closure activities and obligations have grown in importance and complexity, managing an ARO program through spreadsheets comes at a hidden cost. The initial benefits of spreadsheets – flexibility, familiarity, and affordability – can’t overcome the [Read more]
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