To manage drilling risk and reduce non‐productive time (NPT), you need to be aware of past problems. A major circulation loss on a single well can negate the efficiency gains of an entire drill program, and cost your company hundreds of thousands of dollars. But as in many situations, you don’t know what you
Canada’s energy industry is not only the most carefully managed, regulated, and environmentally responsible in the world, it’s also one of the most innovative. Canadian E&P companies are continually at the forefront of developing new, more efficient, cost-effective, and low-impact techniques and technology for resource exploration and exploitation. Even though drilling activity in the
Here at XI, we are very proud of the quality of our data and the applications that our clients value so much. It’s easy to focus mostly on our software products because that’s what our clients interact with. As such, we don’t often talk about our data and what it takes to deliver it.
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 in your inbox, subscribe here. Let's make this clear from the beginning - there are a
As software technology advances, so do the expectations for reporting and drilling analysis. Operators continue to develop more sophisticated ways to monitor drilling performance, through benchmarking, performance dashboards, KPIs tracking, technical-limit research, and optimization planning. But as with many evolving processes, work is often being done in isolation both within companies and across the
TourXchange Member Event: Leveraging Data to Improve Drilling Practices XI Technologies is hosting an exclusive TourXchange member event on February 9, for drilling professionals working for participating operators. The discussions will focus on drilling research and analysis, and the growing impact of data & analytics. XI invites TourXchange members (E&P companies) to join a
The Duvernay Play continues to rank as one of the hotter plays in the WCSB with invested operators continuing to develop, and the list of stakeholders continuing to grow. Since 2011, there has been a steady, steep rise in activity. With recovering commodity prices and optimistic projections in 2017, we can anticipate a renewed
New Year - NEW Offset Analyst Demos XI is pleased to announce an added benefit to TourXchange membership! As a TourXchange member, you now receive complimentary access to Offset Analyst. With this powerful tool, your team can easily scope their areas, evaluate drilling activity, and identify key offsets. Purchasing access to drilling records on
Leveraging Data to Improve Drilling Practices XI is hosting an exclusive member event to discuss drilling research and analysis, and how it’s improving efficiency for E&P companies alike. TourXchange members and E&P companies interested in streamlining their drilling programs are invited to join a collaborative discussion about the opportunities made available through better
For many operators, their limited drilling budgets are focused on holding their top priority leases that are due to expire (where it makes economic sense, of course). Drilling departments across the industry will tell you, "We're in lease-maintenance mode". Operators' land assets are based on the leases they hold. For several reasons, a lease can