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: Operator top 10s — New well production 2021
Each week, XI Technologies scans their industry data to provide trends and insights that have value for professionals doing business in the WCSB. If you'd like to receive XI’s Wednesday Word to the Wise in your inbox, subscribe here. In March, we presented our annual top ten lists for new “drills”, charting which companies had the most successful production from new wells in 2020. In many ways, 2021 has been a bounce back year for the industry after the challenges of 2020, so looking at data [Read more]
XI Technologies: Looking at the retirement obligations of 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 to receive our Wednesday Word to the Wise in your inbox, subscribe here. Earlier this year, we looked at the retirement obligations of the Western Canadian Sedimentary Basin for 2020. This week, we wanted to check in on how things are looking in 2021 by diving into the data compiled from January through [Read more]
XI Technologies: four common issues in ARO Management
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. As the importance of liability management has grown, the need for data on Asset Retirement Obligations (ARO) has spread throughout oil and gas operations. What once was mostly the focus of abandonment and reclamation teams now touches [Read more]
XI Technologies: September 2021 expiring land report for Alberta
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: Open asset evaluation for September 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. Succeeding in oil and gas development comes down to how well and how quickly you can analyze potential opportunities. To help with this, XI Technologies regularly applies its evaluation tools to a currently available asset to give [Read more]
XI Technologies: Challenges for operators in achieving H2S regulatory compliance
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. Regulatory bodies have long been a prominent leader in protecting public safety while supporting the responsible management of oil and gas resources. Depending on the viewpoint and context, you’ll find ranging opinions throughout [Read more]
XI Technologies: the Problem with using spreadsheets for ARO management
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. Despite software solutions purpose-built for oil and gas companies to manage, track, and calculate ARO, many companies choose to manage their ARO programs using spreadsheets. At first glance, it’s easy to understand why. For many [Read more]
XI Technologies: to play today’s A&D game, you need to be proactive
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. Mergers and acquisitions are the name of the game in today’s Western Canadian Sedimentary Basin. Using our own tracking and the BOE Report’s M&A Database, XI calculates that there have been more than 30 notable mergers or [Read more]
XI Technologies: to play today’s A&D game, you need to be proactive
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. Mergers and acquisitions are the name of the game in today’s Western Canadian Sedimentary Basin. Using our own tracking and the BOE Report’s M&A Database, XI calculates that there have been more than 30 notable mergers or [Read more]
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