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. Several times a year, 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 [Read more]
XI Technologies: When budgets are this tight, you need to drill smarter
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. It’s a myth that drilling has ceased in the WCSB. That notion is simple shorthand for the difficulties our industry currently faces in today’s economy, something you say when commiserating with colleagues and industry contacts. [Read more]
October webinars to offer insights into drill planning and ARO management
XI Technologies is hosting two separate webinars this month demonstrating how to leverage public data for better decision making. One session is for anyone who wants to plan and execute more efficient, innovative, and problem-free drilling programs. The other is for anyone whose role includes evaluating and understanding asset retirement obligations. Webinar: Leveraging public data for more efficient drill planning and drilling programs Time: 11:00am – 12:00pm MST Date: Thursday, [Read more]
XI Technologies: Why you need to take more interest in your working interest partners
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. We begin this week’s article with some seemingly simple questions that might be more difficult to answer than you realize: do you know all your working interest partners? Do you know all the inactive wells in which you have a [Read more]
XI Technologies: How the oil and gas industry can adapt to today’s challenges
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. Last week, XI had the opportunity to take part in two important industry conferences, the Canadian Association of Petroleum Landman (CAPL) Conference and the Energy Disruptors Conference. Both these conferences featured exciting [Read more]
XI Technologies: How to more effectively manage drilling budgets, mitigate risks, and reduce non-productive time
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. It’s no secret that drilling activity throughout the Western Canadian Sedimentary Basin (WCSB) is down and has been for a few years now. But that doesn’t mean that companies aren’t drilling at all. What it does mean is that [Read more]
XI Technologies: September 2019 Expiring Land Report – Are there opportunities for you?
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. 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: How the scheduling and discounting of liabilities affects end of life cost estimates
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. For the past month, our Wednesday Word to the Wise series has focused on various reasons why the AER’S LLR deemed liability values may not provide an accurate assessment of the actual end of life costs of an oil and gas asset. This [Read more]
XI Technologies: How working interest can affect the accuracy of LLR and ARO estimates
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. For the past month, our Wednesday Word to the Wise series has focused on various reasons why the AER’S LLR deemed liability values may not provide an accurate assessment of ARO. This week, our fourth article on the subject will [Read more]
XI Technologies: Over-licensed facilities can affect your licensee liability rating and ARO
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. Welcome to the third in our series of articles highlighting why the AER’S LLR deemed liability values may not provide an accurate assessment of true end of life liability costs, or Asset Retirement Obligations (ARO). Many assume [Read more]
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