Did you know that you could have old, sold off assets still tied to your company? Each week, XI Technologies scans their unique combination of enhanced industry data to provide trends and insights that have value for professionals doing business in the WCSB. If you'd like to receive our Wednesday Word to the Wise
Redetermination of bank credit facilities is an annual or semi-annual exercise that almost all E&P companies have become used to. How difficult is your process? Each week, XI Technologies scans their unique combination of enhanced industry data to provide trends and insights that have value for professionals doing business in the WCSB. If you'd
Today, let’s look at how well reclamation costs are typically the largest discrepancy between deemed liability values and ARO costs. Each week, XI Technologies scans their unique combination of enhanced industry data to provide trends and insights that have value for professionals doing business in the WCSB. If you'd like to receive our Wednesday
The Alberta Energy Regulator’s Licensee Liability Rating (LLR) Directive 011 deemed liability values are the most commonly accepted measure of asset retirement obligation (ARO) in Alberta. Unfortunately, as we at XI Technologies have discovered, these values may not provide an accurate assessment of ARO, resulting in values that are either too high or too
This week we look at a new, more streamlined way to manage oil and gas environmental liabilities. Each week, XI Technologies scans their unique combination of enhanced industry data to provide trends and insights that have value for professionals doing business in the WCSB. If you'd like to receive our Wednesday Word to the
Alberta operators are making significant efforts to ensure compliance with provincial standards for suspended or inactive wells. Each week, XI Technologies scans their unique combination of enhanced industry data to provide trends and insights that have value for professionals doing business in the WCSB. If you'd like to receive our Wednesday Word to the
The announcement of new Dormancy and Shutdown Regulation and Comprehensive Liability Management Plan (CLMP) legislation, effective May 31, 2019, will have significant financial impact on operators with assets in BC. The first mandatory timelines for site closure to be introduced in Canada, the focus right now is on existing sites that were considered dormant
In a move that other western Canadian provinces will be watching and likely echoing, the BC Oil and Gas Commission (the Commission) has announced the Dormancy and Shutdown Regulation and Comprehensive Liability Management Plan (CLMP) legislation effective May 31, 2019. With this announcement, BC becomes the first province to introduce mandatory timelines for site
Redetermination of bank credit facilities is an annual or semi-annual exercise that almost all E&P companies have become used to. Each week, XI Technologies scans their unique combination of enhanced industry data to provide trends and insights that have value for professionals doing business in the WCSB. If you'd like to receive our Wednesday
There’s no doubt the current business climate has been particularly tough on energy supply and service companies. Each week, XI Technologies scans their unique combination of enhanced industry data to provide trends and insights that have value for professionals doing business in the WCSB. If you'd like to receive our Wednesday Word to the