Word to the Wise: BC's new mandatory closure timelines will keep companies hopping to meet first quota in 2021

June 18, 2019

In a move that other western Canadian provinces will be watching and likely echoing, the BC Oil and Gas Commission […]

Word to the Wise: Bank redeterminations now include a detailed ARO component - are you ready?

June 11, 2019

Redetermination of bank credit facilities is an annual or semi-annual exercise that almost all E&P companies have become used to. […]

Word to the Wise: Take a closer look at your lookbacks

June 4, 2019

This year’s severe winter may have pushed Spring Break-up a little later, but for those who manage drilling programs, one […]

Word to the Wise: Better business intelligence helps service companies land abandonment and reclamation contracts

May 28, 2019

There’s no doubt the current business climate has been particularly tough on energy supply and service companies. Each week, XI […]

Word to the Wise: May 2019 Expiring Land Report

May 21, 2019

In this week’s Word to the Wise, it’s time for our monthly or bi-monthly look at expiring lands. Are there […]

Word to the Wise: Montney operators going to greater lengths for production

May 14, 2019

For our Word to the Wise this week, we’ve done some digging into XI’s enhanced drilling database to look at […]

Word to the Wise: Decommissioning could be an opportunity for E&P and service companies alike

May 7, 2019

Many thanks to the Petroleum Services Association of Canada (PSAC) for the visuals in this article. Each week, XI Technologies […]

Word to the Wise: Most common drill problems in the most prominent drilling areas

April 30, 2019

Where are E&P companies drilling and what drill problems are they encountering? Each week, XI Technologies scans its unique combination […]

Word to the Wise: Roundtable on ARO emphasizes need for standardized approach to liability valuation

April 23, 2019

Following is a summary of key points expressed during XI’s April 18 Roundtable on Asset Retirement Obligations. Each week, XI […]

Word to the Wise: Could we have seen the 2014 downturn coming?

April 16, 2019

In this weeks’ Wednesday Word to the Wise, we examine land sales and bonuses paid as an indicator of future […]