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News, media releases, career postings, announcements and event information from XI Technologies.

TourXchange continues to grow, adding 4,619 wells since September

Canada’s largest and most comprehensive drilling research database now serves up data and insights for nearly 160,000 wells across the WCSB XI Technologies Inc. is pleased to announced that our 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

XI Technologies whitepaper cautions against using LLR to estimate ARO

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

Introducing the ARO Cost Model!

  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 key part of risk management, and a disciplined retirement strategy is essential for corporate financial planning. LLR ratios and government calculated liabilities only tell half the story. Those who can

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Holiday Hamper Challenge

XI has accepted YYC Tech Gives challenge to collect and raise funds to purchase Holiday Hamper content for the Calgary Food Bank! One day in to our challenge and we are at $500! This year YYC Tech gives will be purchasing/providing ALL of the food for YYCs Holiday Hampers! Talk about WOW!  The Food Bank

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