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. […]

Word to the Wise: Why using LLR can cause inaccurate abandonment cost estimates

July 23, 2019

The Alberta Energy Regulator’s Licensee Liability Rating (LLR) Directive 011 deemed liability values are the most commonly accepted measure of […]

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: As many as 239 E&P companies could boost cashflow by almost $0.94/BOE. Is yours one of them?

January 9, 2019

In a recent article, XI Technologies showed that as many as 239 Alberta E&P companies could be eligible for an LMR […]

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 […]

Redwater will affect the way E&Ps estimate and manage Asset Retirement Obligations

May 15, 2018

The issue of Licensee liability in Alberta’s oil and gas sector has been an evolving one for many years. The […]