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: Lessons learned providing remote customer support
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. 15 Weeks ago, we left our offices for the weekend, not knowing that we wouldn’t be coming back for the unforeseen future. People were thrust into having to work in their home offices/dining rooms/wherever they could plug in a laptop … [Read more...]
XI Technologies: ARO and ESG – Tackling liabilities to attract investment
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 more attention is given to the energy industry in Canada from increasingly vocal environmental groups, stakeholders, and investors, there is an increased focus on Environment, Social, and Governance (ESG) performance. ESG metrics … [Read more...]
XI Technologies: Will you be ready when M&A opportunities pick up?
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 world begins to carefully re-open in response to improving COVID-19 numbers and successful social distancing measures, the focus for the oil and gas industry starts to shift from survival to opportunity. While commodity pricing … [Read more...]
XI Technologies: Open Asset Evaluation for June 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. For this month, XI will examine the property sale by TimberRock Energy. On May 6, 2020 and updated May 20, 2020, TimberRock Energy posted a 100% working interest sales/farmout or other negotiated deal on 98,763 acres of land in Grande … [Read more...]
XI Technologies: How service companies can best compete for contracts
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 Canadian oil and gas industry focus on abandonment, remediation and reclamation work has created a competitive environment for service and supply companies in this space. With the focus of federal funding allotments to the … [Read more...]
XI Technologies: Why now is the right time to tackle ARO
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. At XI Technologies, we may be a little biased when it comes to the importance of staying on top of your Asset Retirement Obligations (ARO) and thus think it’s always a good time to tackle your liabilities. However, there are specific … [Read more...]
XI Technologies: How to use drilling data when you can’t drill
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 combined challenges of social distancing and reduced demand for oil and gas have resulted in a drastic reduction in rig counts throughout the WCSB. As a drilling data provider, this leads us to the obvious question: what role does … [Read more...]
XI Technologies: Open Asset Evaluation for May 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 M&A 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 of … [Read more...]
XI Technologies: how producers can capitalize on Alberta’s Site Rehabilitation Program
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 various efforts of both the provincial and federal government to assist the industry as it struggles through the dual challenges of COVID-19 and catastrophic commodity pricing have largely been focused on liability retirements for … [Read more...]
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