Word to the Wise: What you need to know about working interest in ARO

December 10, 2019

When it comes to calculating liability obligations and dealing with your retirement obligation planning, working interest partners are one of […]

Word to the Wise: Aligning your budget to future ARO liabilities

November 26, 2019

A look at how tackling asset retirement obligations early can balance your annual liability budgets. Each week, XI Technologies scans […]

Word to the Wise: “The industry is in this together”: A summary of the ARO Best Practices Leadership Panel

November 19, 2019

Oil and gas industry leaders gathered for XI Technologies’ ARO Best Practices Leadership Panel on November 14, 2019. This is […]

Word to the Wise: It’s 2019, do you know where your assets are?

November 5, 2019

Did you know that you could have old, sold off assets still tied to your company? Each week, XI Technologies […]

Word to the Wise: Simplifying your bank credit redeterminations

October 29, 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: Why you need to take more interest in your working interest partners

October 1, 2019

We begin this week’s article with some seemingly simple questions that might be more difficult to answer than you realize: […]

Word to the Wise: Why you need to pay attention to your non-operated retirement liabilities, and how to do it

September 3, 2019

Asset Retirement Obligations (ARO) only pertain to the operators of wells and facilities, right? Wrong! Each week, XI Technologies scans […]

Word to the Wise: How the scheduling and discounting of liabilities affects end of life cost estimates

August 20, 2019

Our final blog in this five part series of LLR vs ARO looks at the impact of scheduling and discounting. […]

Word to the Wise: Over-licensed facilities can affect your licensee liability rating and ARO

August 6, 2019

Many assume that actual ARO will always be higher than LLR, but that isn’t always the case. Each week, XI […]

Word to the Wise: Understanding the reclamation cost discrepancies between LLR and ARO

July 30, 2019

Today, let’s look at how well reclamation costs are typically the largest discrepancy between deemed liability values and ARO costs. […]