XI Technologies: What happened to the AER’s LMR 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. For years, the Alberta Energy Regulator (AER) has provided monthly detailed liability management rating (LMR) reports that many in the industry used for over the fence [Read more]
XI Technologies: What you need to know about working interest in 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. When it comes to calculating liability obligations and dealing with your retirement obligation planning, working interest partners are one of the biggest sources of confusion and frustration. XI Technologies has found questions about [Read more]
XI Technologies: December 2019 Expiring Land Report – Are there opportunities for you?
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. Every few months, we like to take a look 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 [Read more]
XI Technologies: Aligning your budget to future ARO 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. As asset retirement obligations have begun to get more attention from producers, it’s understandable for producers to get discouraged when looking at their long-term budgeting. It’s not uncommon for a producer to look at their [Read more]
XI Technologies: “The industry is in this together”: A summary of the ARO Best Practices Leadership Panel
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, XI Technologies hosted a room full of oil and gas industry leaders to discuss plans of action with Asset Retirement Obligations. XI assembled a panel of experts within the industry covering best practices for ARO from the [Read more]
XI Technologies: November 2019 Expiring Land Report – Are there opportunities for you?
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. Every few months, we like to take a look 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 [Read more]
XI Technologies: It’s 2019, do you know where your assets are?
Each week, XI Technologies scans their 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. Typically, when a company sells off an asset, the license will change ownership or title to the new company that’s purchased it. But there are certain circumstances when this doesn’t happen, and the license stays connected to the [Read more]
Best Practices in ARO Management: A senior leaders’ roundtable on evolving environmental liability management practices in the WCSB
Energy liability cases like Redwater and Sequoia have changed the way Canadian E&P companies access capital, evaluate deals, and manage asset retirement obligations (ARO), leaving industry struggling to keep up with changing rules and approaches. XI Technologies Inc., creators of the WCSB's first ARO management software, will host an executive roundtable on Thursday, November 14, 2019, at the Hudson Event Centre. XI has assembled an expert panel to discuss Best Practices in ARO [Read more]
XI Technologies: Simplifying your bank credit redeterminations
XI Technologies: Simplifying your bank credit redeterminations Each week, XI Technologies scans their 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. Following the 2019 Redwater ruling, banks began revising the metrics they use to determine the borrowing bases for energy clients. Now, in addition to reserves [Read more]
XI Technologies: The good, the bad, and the ugly of drill planning information
Each week, XI Technologies scans their 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. When planning a drilling program, the information gathering phase is critical to the success of the drilling project. Before a bit can break ground, you need to have an estimated drill time, an approach to [Read more]
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