Sign Up for FREE Daily Energy News
 
BREAKING NEWS:
Copper Tip Energy Services
WEC - Western Engineered Containment
Hazloc Heaters
WEC - Western Engineered Containment
Copper Tip Energy
Hazloc Heaters

XI Technologies: October 2019 Expiring Land Report – Are there opportunities for you?


WEDNESDAY'S WORD - top Banner

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

Several times a year, we like to take a look at expiring land because it can provide useful business development intel for service companies and E&Ps alike. For service companies, expiring lands provide insight into where drilling activity is most likely to occur over the coming months, and who is behind it. For E&Ps, the expiring land report helps flag farm-in opportunities and/or land that may come available in your core area(s).

According to AssetBook data, these are the top 25 companies with expiring lands anywhere in the WCSB over the next 12 months.

1-expiring-lands-hectares-wcsb-oct-2019

Figure 1 – Expiring hectares in the WCSB

In addition to knowing the top 25 companies with lands nearing expiry, it may be useful to know the bonus amounts that were paid on those lands. AssetBook allows you to easily identify and rank expiring lands based on the size of bonuses paid. This will help you prioritize companies who have the most money on the line and therefore may be more open to farm-in or partnership opportunities.

2-expiring-lands-bonuses-wcsb-oct-2019

Figure 2- Expiring bonuses in the WCSB

View Expiring Lands by Province

AssetBook allows you to search for expiring lands by province, by company, or by any geographic area. The results can be viewed in tabular format or displayed on a map to help with visualization.

To view expiring lands data separated by province for Alberta, British Columbia, Saskatchewan, or Manitoba, read XI’s most recent blog. To learn where these lands are located and do a deeper dive, contact XI Technologies.



Share This:



More News Articles


New SHOWCASE Directory Companies

 

Alliance Borealis Canada Corp.
Millennium Directional
Kicker Video
U of C Executive Education
John Brooks
RAE Engineering
DRYAIR Manufacturing Corp.
Stress Engineering