News & Events

Home/News & Events

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

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

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

Tags: , , |

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

Tags: , , , , |