Welcome to the XI Newsroom. Here, you’ll find the latest announcements about product releases, upcoming events, industry news and major accomplishments.
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April 10, 2013 – TourXchange Reaches 100,000-Well Milestone
Calgary, Alberta, Canada, April 10, 2013 – Calgary oil and gas technology firm XI Technologies Inc. announced today it has reached the critical milestone of 100,000 wells in TourXchange (pronounced “tower exchange”), the drilling information database it began building in 2007. The first initiative of its kind in the oil and gas industry, TourXchange is a collaborative effort involving 80 oil and gas exploration companies operating across all four provinces within the Western Canadian Sedimentary Basin. “This milestone means we now have the digital drilling data for about half of all the wells drilled in the WCSB since 2004,” said XI Technologies’ VP of Drilling Services, Andy Newsome. “This information is critical to well planning, performance benchmarking and analysis of wells drilled. While it’s all publicly available information, without TourXchange that data can only be accessed in hard copy. It requires a lot of effort to find, and even more effort to analyse. With raw data, there are countless ways to massage the data, making it quick and easy to analyse and manipulate. This helps drilling engineers make better, more efficient drilling decisions.”
Newsome also reported that current TourXchange members include 15 of Western Canada’s top 20 largest operators based on BOE production, and that the XI team is continually adding more members and wells. “While membership in TourXchange would be an obvious asset to smaller operators who may not have a large dataset of their own wells to analyse,” Newsome explained, “It also presents tremendous value for larger operators. Every operator can improve their efficiency. Access to this amount of data can present opportunities that result in millions of dollars of cost savings. In exploratory areas where experience is limited, access to historical data is crucial to drilling research.”
When researching drilling projects, companies traditionally need to: 1) decide which wells to research; 2) request tour reports (in PDF format) from the ERCB; 3) wait for the reports to arrive; 4) re-enter the data into an analyzable format. TourXchange members can often skip steps 2 through 4, condensing what used to be a weeklong task into a single day.
This 100,000 well milestone represents the critical mass necessary to build an XI suite of reporting and analysis tools that leverage the TourXchange. A new Drill Problems Report was launched in March, and the Offset Analyst tool is getting ready for its debut later this month. XI Technologies is appreciative of all the operators who have signed on as members. A 100,000-well celebration event for TourXchange members is being planned for April 24, 2013, in Calgary.
For complete information on TourXchange, visit http://xitechnologies.com.
For media information or interviews:
Gord Hawker
Fuse Creative Communications Inc.
403-984-3707 ext 201
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January 15, 2013 – TAQA North Joins XI’s TourXchange
XI Technologies is pleased to announce that TAQA North Ltd. has joined the TourXchange. The XI TourXchange is a collaborative effort that brings together participating operators to compile and share a digitized well tour database.
TAQA North Ltd. is a member of the Abu Dhabi National Energy Company Group of companies. TAQA operates in North America, Europe and Greater MENA (Middle East, North Africa and India). Their Oil & Gas business includes the exploration, development and production of crude oil, natural gas and natural gas liquids, as well as natural gas storage, oil and gas processing and transport.
Learn more about TAQA at: www.taqaglobal.com.
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January 15, 2013 – New Drill Problems Report (Beta) Now Live
XI Technologies is pleased to announce the beta release of the new Drill Problems Report. Drill Problems Report is a fast, easy way to survey a specified area for known problems that have previously occurred.
By leveraging the XI TourXchange database, the new Drill Problems Report (beta) contains almost double the number of available records. This data is exclusive to XI clients and TourXchange participants.
The new Drill Problems Report (beta) has broadened its database to include British Columbia, Saskatchewan and Manitoba. It also includes thousands of previously unreported circulation losses.
The new Drill Problems Report (beta) has:
- Expanded reported problems to include stuck pipe, fishing and reaming
- More intuitive organization of data
- More data provided for each well/problem
- Improved access to XI Tour Reports
- Additional custom mapping capabilityUntil the full commercial release of the new Drill Problems Reports is available in the spring of 2013, XI is offering clients both versions. If you have any questions or would like more information about the new Drill Problems Report, please contact our XI Sales team at sales@xitechnologies.com or call 403.517.0111
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December 19, 2012 – NuVista Energy Joins the XI TourXchange
XI Technologies is pleased to announce that NuVista Energy Ltd. has joined the TourXchange. The XI TourXchange is a collaborative effort that brings together participating operators to compile and share a digitized well tour database.
NuVista Energy Ltd. is an independent Canadian oil and gas company pursuing a proven growth strategy. Formed in July 2003, NuVista is engaged in exploration, development and production activities on properties located in three operating regions of the Western Canadian Sedimentary Basin. NuVista has successfully grown from a junior E&P company with a focus on shallow gas in Eastern Alberta to a strong intermediate company with a focus on longer-life assets containing long-term growth opportunities in the Deep Basin of Central Alberta.
Learn more about NuVista Energy at: www.nuvistaenergy.com.
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November 27, 2012 – Black Pearl Resources Joins XI’s TourXchange
XI Technologies is pleased to announce that BlackPearl Resources Inc. has joined the TourXchange. The XI TourXchange is a collaborative effort that brings together participating operators to compile and share a digitized well tour database.
BlackPearl Resources Inc. is a publicly held Canadian oil and gas company listed on the Toronto Stock Exchange under the symbol “PXX” and on the NASDAQ OMX Stockholm Exchange under the symbol “PXXS”. The Company’s focus is heavy oil and oil sands assets located in western Canada.
Learn more about BlackPearl Resources at: www.blackpearlresources.ca.
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November 27, 2012 – Ember Resources Joins the XI TourXchange
XI Technologies is pleased to announce that Ember Resources has joined the TourXchange. The XI TourXchange is a collaborative effort that brings together participating operators to compile and share a digitized well tour database.
Ember Resources is a natural gas producer focused purely on coal bed methane with emphasis on the coal trend in the Horseshoe Canyon in Alberta – the most technically advanced and low-cost unconventional natural gas play in the province.
Learn more about Ember Resources at: www.emberresources.com.
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November 15, 2012 – AssetBook Web is Now Live!
XI is excited to announce that our flagship product, AssetBook, is now available online.
AssetBook is ideal for high-level summary info on all public and private companies in Western Canada. AssetBook offers a detailed listing of working interest production, reserves and landholding broken down by company or area. Now available online, AssetBook Web is a powerful research tool anywhere, anytime.
With AssetBook Web, you can scope out opportunities, perform competitive analysis and keep your finger on the pulse of the oil and gas industry. It’s fast, intuitive and always accessible.
If you have any questions or would like more information about AssetBook Web, please contact our XI Support team at support@xitechnologies.com or call 403.296.0077
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November 1, 2012 – Journey Energy Joins the XI TourXchange
XI Technologies is pleased to announce that Journey Energy Inc. (formerly Sword Energy) has joined the TourXchange. The XI TourXchange is a collaborative effort that brings together participating operators to compile and share a digitized well tour database.
Journey Energy Inc. engages in the exploration, development and production of oil and natural gas in the Western Canadian Sedimentary Basin. Journey Energy is a privately owned company.
Learn more about Journey Energy at: www.journeyenergy.ca.
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October 3, 2012 – A Full House for CAPP Guidelines Seminar
XI Technologies was pleased to welcome over 100 guests to today’s seminar: “The New CAPP Guidelines – What Do You Need to Know?”
The seminar focused on educating clients and industry professionals on the revised CAPP document that outlines their updated H2S release rate assessment guidelines and how this will affect workflows. Due to an overwhelming response, XI has made the presentation available on our website.
If you have questions regarding the presentation or would like to schedule H2S Search product training, please contact our Support Team at (403) 296-0077.
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September 26, 2012 – Talisman Energy Joins the XI TourXchange
XI Technologies is pleased to announce that Talisman Energy has joined the TourXchange. The XI TourXchange is a collaborative effort that brings together participating operators to compile and share a digitized well tour database.
Talisman Energy Inc. is a global, diversified, upstream oil and gas company, headquartered in Canada. Talisman’s three main operating areas are North America, the North Sea and Southeast Asia. The Company also has a portfolio of international exploration opportunities. Talisman is committed to conducting business safely, in a socially and environmentally responsible manner, and is included in the Dow Jones Sustainability (North America) Index. Talisman is listed on the Toronto and New York Stock Exchanges under the symbol TLM.
Learn more about Talisman Energy at: www.talisman-energy.com.
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September 20, 2012 – XI Technologies to Launch AssetBook Web at CAPL Conference
XI Technologies will be launching the new AssetBook Web at the 2012 CAPL Conference in Vancouver, Canada. The AssetBook Web is the ideal tool for high-level summary information on all public and private companies in Western Canada – anytime, anywhere.
Visit XI, a CAPL conference sponsor, at our booth from September 23-26. Learn more about AssetBook Web.
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September 11, 2012 – Perpetual Energy Joins the XI TourXchange
Xi Technologies is pleased to announce that Perpetual Energy has joined the TourXchange. The XI TourXchange is a collaborative effort that brings together participating operators to compile and share a digitized well tour database.
Perpetual Energy Inc. is an independent energy company producing primarily natural gas with growing volumes of oil and liquids from properties in Alberta, Canada. Perpetual Energy launched on July 1, 2010 through the corporate conversion of Paramount Energy Trust, a royalty trust with a seven-year history as a premium-yielding investment in the royalty trust sector.
Learn more about Perpetual Energy at: www.perpetualenergyinc.com.
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September 4, 2012 – PatchPulse “Renovation” Now Complete
The PatchPulse “renovation” has now been completed, on schedule. The newly enhanced functionality offers two significant changes:
1. “Rigs” has been separated into “Government Spuds” and “Contractor Rigs”. This access to both sources allows you to make your own conclusions as to the status and location of a rig.
2. “Last Modified Date” will be shown for all records for enhanced transparency.
PatchPulse is an interactive live rig/well license locator. With PatchPulse, you can view all outstanding well licenses, as well as active and racked rigs from our allied contractors. You can also view all rig and spud locations based on government records.
If you have any questions or are interested in further information about PatchPulse, please contact our support team at support@xitechnologies.com or call 403-296-0077.
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July 13, 2012 – CAPP Releases New H2S Release Rate Assessment Guidelines
XI Technologies would like to remind our valued clients that CAPP has released a new document outlining their updated H2S release rate assessment guidelines.
XI is strongly advising our clients to review the document. CAPP has provided valuable insight into H2S release rate principles, including helpful guidance for engineering adjustments and data scrutiny. Although they are not explicitly considered in ERCB audit procedures, the CAPP guidelines are specifically mentioned in Directive 56.
Based on these updates, XI is considering opportunities to enhance our product offering. If you have suggestions as to how XI can improve your H2S analysis procedures, we encourage you to contact our Support Team at (403) 296-0077.
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May 26th, 2012 – XI’s Hosts the 7th Annual “Spokes for Little Folks”
XI Technologies is proud to host the seventh annual “Spokes for Little Folks” event. This initiative draws on the generosity of local sponsors to provide 60 deserving children with a new bike, helmet and bike safety training as part of our commitment to building stronger communities.
The children and their families are invited to Chinook Centre to receive their bike, as well as a morning of fun and excitement! The event includes a bike course to try out their new equipment and learn bike safety basics. Participants are invited to screen a new release movie, complete with popcorn and drinks. The day also includes a carnival with hamburgers, hotdogs, juice, candy floss, bouncy house, music and much more.
XI Technologies is proud to host this event each year with our sponsorship partners. We would like to recognize the amazing people who donate their time and resources to help make this event so special and memorable for all. A huge thank you to our corporate sponsors:
CAPL Annual Golf Tournament Participants
Chinook Centre
Chinook Centre Security Team
Cineplex Scotia Theatre
Edge Entertainment
Peter’s Drive In
Prohab
Sport Chek
New York Fries
To learn more about Spokes for Little Folks or how you can get involved, contact XI at (403) 517.0111.
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April 25, 2012 – Imperial Oil Resources Joins XI’s TourXchange
XI Technologies is pleased to announce that Imperial Oil Resources has joined the TourXchange. The XI TourXchange is a collaborative effort that brings together participating operators to compile and share a digitized well tour database.
Imperial Oil is an integrated energy company, who explore for, produce, refine and market products essential to society. Whether it’s finding oil and gas, making and selling high-quality petroleum products, or investing in innovative research, Imperial Oil’s business contributes to Canada’s quality of life and energy future.
Learn more about Imperial Oil at: www.imperialoil.ca.