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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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Free Seminars on AssetBook: Find the Winning Deal

XI Technologies (XI) is pleased to announce two free seminars on A&D scoping through the AssetBook. Smart money is out there, waiting to capitalize on distressed assets, merger possibilities or new business. Now is the time to leverage market conditions. If you are struggling to find the right deal, or aren’t sure where to look, we

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Streamline your A&D Workflow with AssetBook & AccuMap

AssetBook & AccuMap Webcast On November 9th IHS Markit and XI Technologies came together to showcase a typical A&D workflow that would save you time and allow you to evaluate more opportunities before getting lost in the weeds.  We showed ways to find potential deals using XI’s AssetBook and then generate well and land lists that could be easily

More LLR Updates! Addition of EDTC Code in LLR Module

The AER has implemented some "temporary" changes regarding liability values in the LMR calculations. There are a number of facilities, based on their type or EDTC code, that have had  their liability cost eliminated. XI's LLR module has been updated to reflect these discounts and we have also added a column indicating the EDTC code

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Improve your work flow! New Data Columns

Ever wonder how many wells may be on a given mineral lease?  Looking for opportunities to farm-in?  Wonder how many facilities are operated by any given company?  AssetBook now provides a count of the number of wells associated with a lease as well as a count of facilities attributed to a company.  AssetBook now provides