Canada’s largest and most comprehensive drilling research database now serves up data and insights for nearly 160,000 wells across the WCSB Calgary, AB, November 29, 2017 – Calgary data and software company XI Technologies Inc. announced today that their innovative drilling data share project, TourXchange (pronounced “tower exchange”), has grown by 4,619 wells since September 2017 and now includes digital well tour data for 158,719 wells. The enhanced drilling data in TourXchange coupled [Read more]
XI Technologies whitepaper cautions against using LLR to estimate ARO
Calgary, AB, November 28, 2017 – Calgary-based oil and gas data and software company XI Technologies Inc. has published a whitepaper outlining 5 key reasons why Alberta Energy Regulator’s (AER’s) Licensee Liability Rating (LLR) should not be used to estimate long-range Asset Retirement Obligation (ARO) for Alberta operating and non-operating oil and gas companies. Initially created in the early 2000s, LLR was never designed to be used for estimating ARO. Doing so could lead companies to overlook [Read more]
XI’s Offset Analyst Workshop: Well Planning – Thursday, November 30
Better research in less time to produce better results. The best tool for drill planning is the knowledge gained from past wells drilled. Instead of chasing drilling records and scouring PDFs for offset data, utilize one-click access to digitized drilling records. Learn to extend your list of offsets using Offset Analyst and reduce your well programming time by up to 40%. XI is hosting a complimentary workshop to walk you through the well planning process using Offset Analyst. Space is [Read more]
XI’s Surface Casing & Regulatory Workshop – Thursday, November 23
XI Technologies will present a complimentary workshop Thursday, November 23, on the most efficient and effective workflows to satisfy regulatory obligations under AER Directive 008: Surface Casing Depth Requirements. Nick Chomack of XI Technologies’ Drilling Division will provide an overview of XI’s Surface Casing Report, a web app that draws on a compilation of data sources and allows users to easily search for all pressures/gradients in a particular area. The software then guides users [Read more]
What crown land sales can tell us about the state of the industry
Presented by: Jim Eistetter of Seaton-Jordan & Associates Tuesday, October 24 – complimentary workshop Jim Eistetter, President of Seaton-Jordan & Associates will highlight active areas and plays using XI data. Mr. Eistetter will provide a market analysis comparing 2016 to 2017 Crown land sale results, with a focus on Alberta. He'll address how current market conditions are affecting land sales and provide insight into how Seaton-Jordan is expecting trends to unfold in the near [Read more]
XI Technologies – AssetBook: ARO Cost Model Demo
ARO is a key aspect of risk management and a disciplined retirement strategy is essential for corporate financial planning. While important, LLR ratios and government calculated liabilities only tell half the story when addressing Abandonment and Reclamation costs. Estimating the retirement obligation liability for an asset package or an entire company is a crucial requirement for A&D deals, but has traditionally been tackled late in the process. XI’s ARO Cost Model makes this an easy part [Read more]
XI Technologies – Regulatory Solutions Workshop
With over ten years of experience, XI Technologies (XI) provides the foremost suite of regulatory tools for the oil & gas industry. XI is hosting a complimentary workshop to provide an overview of these offerings: XI H2S Reports – Quickly assess a prospective drilling site for H2S Release Rate Potential. We provide the most reliable data to evaluate and calculate the potential H2S risks in your prospective locations. See blog post! H2S Complete – We take our H2S Reports a step [Read more]
XI Technologies – AssetBook: ARO Cost Model Demo
ARO is a key aspect of risk management and a disciplined retirement strategy is essential for corporate financial planning. While important, LLR ratios and government calculated liabilities only tell half the story when addressing Abandonment and Reclamation costs. Estimating the retirement obligation liability for an asset package or an entire company is a crucial requirement for A&D deals, but has traditionally been tackled late in the process. XI’s ARO Cost Model makes this an easy [Read more]
XI Technologies – ARO Seminar and an Introduction to XI’s ARO Cost Model
As the industry leader in A&D and liability analysis software, XI Technologies is excited to host our final Spring seminar to introduce our latest tool which complements our powerful LLR Analysis Module: The ARO Cost Model June 22 Seminar: ARO vs. LLR - Getting past common government regulator oversights to understand liability costs – Register Here Estimating Asset Retirement Obligation for an asset package or an entire company is a crucial aspect of scoping A&D deals. ARO has [Read more]
XI Technologies – ARO Seminar and an Introduction to XI’s ARO Cost Model
As the industry leader in A&D and liability analysis software, XI Technologies is excited to host our fourth seminar to introduce our latest tool which complements our powerful LLR Analysis Module: The ARO Cost Model May 25th Seminar: ARO vs. LLR - Getting past common government regulator oversights to understand liability costs - Register Here Estimating Asset Retirement Obligation for an asset package or an entire company is a crucial aspect of scoping A&D deals. ARO has become a [Read more]