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: 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: 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: Using technology to streamline energy liability management

March 26, 2019

Each week, XI Technologies scans its unique combination of enhanced industry data to provide trends and insights that have value […]

ARO and A&D – Know when to hold ’em, know when to run

March 5, 2019

For the cautious money that has been sitting on the sidelines these past few years, 2019 may be a year of opportunity. But cautious money being well, cautious, will want to do a full analysis of the potential Asset Retirement Obligation (ARO) risks associated with any transaction.

Word to the Wise: Can corporate ARO affect your liability insurance?

February 19, 2019

This week’s Wednesday Word to the Wise is by XI’s QA and Support Specialist, Kathy, who also happens to hold […]

Word to the Wise: Potential impacts of the Redwater decision.

January 30, 2019

With a Supreme Court of Canada ruling in the Redwater case anticipated this week, let’s look at what a decision […]

Word to the Wise: New estimate pegs oil and gas liabilities at over $59 billion for western provinces.

January 16, 2019

A number of clients have asked if we could utilize XI’s ARO Manager data and cost model to do a […]

Word to the Wise: Alberta licensees may be entitled to millions in LMR Security Deposit refunds

December 19, 2018

For this week’s Word to the Wise, we’ve performed a quick analysis of potential LMR Security Deposit refunds and the […]