XI Technologies

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...]

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...]

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...]

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...]

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...]

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...]

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...]

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...]

Today, let’s look at how well reclamation costs are typically the largest discrepancy between deemed liability values and ARO costs. 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.  As discussed in last week’s post, the AER’s Licensee Liability Rating (LLR) Directive 011 deemed … [Read more...]

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.  The Alberta Energy Regulator’s Licensee Liability Rating (LLR) Directive 011 deemed liability values are the most commonly accepted measure of asset retirement obligation (ARO) in Alberta. Unfortunately, as we at XI Technologies … [Read more...]