Word to the Wise: How to bridge the gap between ARO and LLR

January 10, 2023

When organizations aren’t aware of gaps in the end-of-life obligation processes or when acquiring or disposing of assets, then bridging the gap between operations and finance becomes difficult.

Word to the Wise: As Ps change to Es, petroleum producers drive energy's sustainable approach to A&D

November 29, 2022

For the energy industry’s new commitment to ESG to succeed, it must extend past sustainability teams to all parts of an operation, including A&D.

Word to the Wise: The importance of working interest participant information in ARO

November 15, 2022

AER Bulletin 2022-29 highlights some of the difficulties present in dealing with WIP when dealing with Asset Retirement Obligations (ARO).

Word to the Wise: Examining well closures on First Nations Lands since 2020

September 27, 2022

Looking at AssetBook data to examine the difference between First Nations licenses in December 2020 to licenses in June 2022 to examine the potential impact of the FNSRP and other closure work.

Word to the Wise: M&A Snapshot – Strathcona Resources Ltd. and Serafina Energy Ltd.

September 13, 2022

Examining the acquisition of Serafina Energy by Strathcona Resources by using XI’s AssetBook software.

Word to the Wise: Why LLR still matters

August 23, 2022

With a shift toward a more holistic approach to liability management, it is fair to ask “does LLR still matter?”