Word to the Wise: How service companies can best compete for contracts

May 27, 2020

The Canadian oil and gas industry focus on abandonment, remediation and reclamation work has created a competitive environment for service and supply companies in this space. With the focus of […]

Word to the Wise: How producers can capitalize on Alberta’s Site Rehabilitation Program

April 28, 2020

The various efforts of both the provincial and federal government to assist the industry as it struggles through the dual […]

Word to the Wise: What to do without the AER’s LMR report

February 25, 2020

What do you do now that the AER is no longer providing an LMR summary report? Each week, XI Technologies […]

Word to the Wise: Open Asset Evaluation for January 2020

January 21, 2020

Succeeding in oil and gas development comes down to how well and how quickly you can analyze potential opportunities. Once […]

Word to the Wise: Why LMR values aren’t a good indicator of a company’s liabilities

January 14, 2020

Here’s why the LMR information you used to get from the AER wasn’t telling the whole picture. Each week, XI […]

Word to the Wise: What happened to the AER’s LMR report?

December 17, 2019

Have you noticed that the LMR report provided by the AER this month had a lot less information than it […]

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: How working interest can affect the accuracy of LLR and ARO estimates

August 13, 2019

If you operate or are looking to acquire a stake in a working interest asset, your ARO calculations might not […]

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. […]