Each week, XI Technologies uncovers trends and insights using our enhanced data and software focused on the WCSB. If you’d like Word to the Wise delivered directly to your inbox, subscribe here. To complete the applications necessary for regulatory approval of new drills (such as Directive 056 and Directive 008), it is essential to have the correct data. Whether you gather that data manually or have it provided from a service, the pre-licensing application process demands that operators rely [Read more]
XI Technologies: West 5 Resources Inc. Corporate Divestiture
Each week, XI Technologies uncovers trends and insights using our enhanced data and software focused on the WCSB. If you’d like Word to the Wise delivered directly to your inbox, subscribe here. It was recently announced that West 5 Resources Inc. (“West 5”) has engaged Earth Horse Energy Advisors (“Earth Horse”) to assist it with a corporate sale process (source article available here). XI asks the question; how does the XI data compare to the agent’s data, what additional [Read more]
XI Technologies: Saskatchewan Area II Region Overview
Each week, XI Technologies uncovers trends and insights using our enhanced data and software focused on the WCSB. If you’d like Word to the Wise delivered directly to your inbox, subscribe here. On May 30, 2023, XI Technologies took a deeper dive into the region of Grande Prairie with respect to expiring lands, assets and drilling activity. We asked at that time what other regions would be of interest, and various areas in Saskatchewan were requested. Let’s take a deeper look at the [Read more]
XI Technologies: Why External Drilling Data is Essential to Today’s Drilling Environment
Each week, XI Technologies uncovers trends and insights using our enhanced data and software focused on the WCSB. If you’d like Word to the Wise delivered directly to your inbox, subscribe here. As drilling picks up throughout the Western Canadian Sedimentary Basin (WCSB), a lot of companies find themselves drilling in unfamiliar territory or working from an information deficit due to reductions in experienced staff. Operators are exploring new drilling opportunities in unfamiliar plays, [Read more]
XI Technologies: Drilling Overview – Regional Breakdown
Each week, XI Technologies uncovers trends and insights using our enhanced data and software focused on the WCSB. If you’d like Word to the Wise delivered directly to your inbox, subscribe here. In this second of our 2-part series looking at the last 12 months of drilling across the WCSB, we’ll be looking at activity from a geographical perspective. (In case you missed it, here’s a link to part one: Operator Spotlight.) To better understand where the industry is focusing investment and [Read more]
XI Technologies: Drilling In WCSB Over The Past 12 Months
Each week, XI Technologies uncovers trends and insights using our enhanced data and software focused on the WCSB. If you’d like Word to the Wise delivered directly to your inbox, subscribe here. Today’s article is the first of a 2-part series where we take a closer look at drilling activity over the past year. This week, we’ll be looking at the 25 most-active operators drilling wells across the WCSB. Who are they, and how many wells are we talking about? How deep are they [Read more]
XI Technologies: Grande Prairie Region Overview
On April 18, 2023, XI Technologies looked at expiring land to provide useful business development intel for service companies and exploration and production (E&P) companies. While not surprised to see that Canadian Natural Resources Limited had the most expiring hectares given their size and activity, we were surprised to see that Grande Prairie, with its prolific and coveted Montney play had the second largest expiring land tranche in the next 12 months. We also noted [Read more]
XI Technologies: Word to the Wise: May 2023 Alberta Expiring Lands Report
Each week, XI Technologies uncovers trends and insights using our enhanced data and software focused on the WCSB. If you’d like Word to the Wise delivered directly to your inbox, subscribe here. XI Technologies looks at expiring land to provide useful business development intel for service companies and exploration and production (E&P) companies alike. For service companies, expiring lands provide insight into where drilling activity is most likely to occur in the coming [Read more]
XI Technologies: Are M&A and Consolidation the same thing?
Each week, XI Technologies uncovers trends and insights using our enhanced data and software focused on the WCSB. If you’d like Word to the Wise delivered directly to your inbox, subscribe here. When talking about the energy industry in Canada, you often hear the word consolidation. We looked at what some of the top legal and financial institutions in Canada have said about the consolidation environment in the Western Canadian Sedimentary Basin (WCSB) In early 2021, the legal firm Torys [Read more]
XI Technologies: Saskatchewan’s Methane Reduction Plan – A Province-led Success Story
Each week, XI Technologies uncovers trends and insights using our enhanced data and software focused on the WCSB. If you’d like Word to the Wise delivered directly to your inbox, subscribe here. In anticipation of the Government of Saskatchewan’s 2022 Annual Emissions Report, we thought it would be interesting to highlight its successes to date and make a forward-looking prediction by calculating our own 2022 number using the AssetBook Emissions Tool. Are they on the right track? Let’s look [Read more]
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