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August 13, 2019
If you operate or are looking to acquire a stake in a working interest asset, your ARO calculations might not […]
August 6, 2019
Many assume that actual ARO will always be higher than LLR, but that isn’t always the case. Each week, XI […]
July 30, 2019
Today, let’s look at how well reclamation costs are typically the largest discrepancy between deemed liability values and ARO costs. […]
July 23, 2019
The Alberta Energy Regulator’s Licensee Liability Rating (LLR) Directive 011 deemed liability values are the most commonly accepted measure of […]
July 17, 2019
This week we look at a new, more streamlined way to manage oil and gas environmental liabilities. Each week, XI […]
July 2, 2019
Alberta operators are making significant efforts to ensure compliance with provincial standards for suspended or inactive wells. Each week, XI […]
June 25, 2019
The announcement of new Dormancy and Shutdown Regulation and Comprehensive Liability Management Plan (CLMP) legislation, effective May 31, 2019, will […]
June 18, 2019
In a move that other western Canadian provinces will be watching and likely echoing, the BC Oil and Gas Commission […]
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. […]
May 28, 2019
There’s no doubt the current business climate has been particularly tough on energy supply and service companies. Each week, XI […]