Bitcoin pioneer Charlie Shrem peels back the layers on the lives and backgrounds of the world's most impactful innovators. Centering around intimate narratives, Shrem uncovers a detailed, previously unspoken story of the genesis and evolution of bitcoin, cryptocurrency, artificial intelligence, and the web3 movements. Join Shrem as he journeys through the uncharted territories of tech revolutions, revealing the human side of the stories that shaped the digital world we live in today.
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תוכן מסופק על ידי Geoffrey Cann. כל תוכן הפודקאסטים כולל פרקים, גרפיקה ותיאורי פודקאסטים מועלים ומסופקים ישירות על ידי Geoffrey Cann או שותף פלטפורמת הפודקאסט שלהם. אם אתה מאמין שמישהו משתמש ביצירה שלך המוגנת בזכויות יוצרים ללא רשותך, אתה יכול לעקוב אחר התהליך המתואר כאן https://he.player.fm/legal.
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Action Academy | Replace The Job You Hate With A Life You Love
1 How To Replace A $100,000+ Salary Within 6 MONTHS Through Buying A Small Business w/ Alex Kamenca & Carley Mitus 57:50
57:50
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57:50Alex (@alex_kamenca) and Carley (@carleymitus) are both members of our Action Academy Community that purchased TWO small businesses last thursday! Want To Quit Your Job In The Next 6-18 Months Through Buying Commercial Real Estate & Small Businesses? 👔🏝️ Check Out Our Action Academy Community Schedule A Free 15 Minute Coaching Call With Our Team Here To Get "Unstuck"! Check Out Our Bestselling Book : From Passive To Passionate : How To Quit Your Job - Grow Your Wealth - And Turn Your Passions Into Profits Want A Free $100k+ Side Hustle Guide ? Follow Me As I Travel & Build: IG @brianluebben ActionAcademy.com…
Digital Innovations in Oil and Gas with Geoffrey Cann
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תוכן מסופק על ידי Geoffrey Cann. כל תוכן הפודקאסטים כולל פרקים, גרפיקה ותיאורי פודקאסטים מועלים ומסופקים ישירות על ידי Geoffrey Cann או שותף פלטפורמת הפודקאסט שלהם. אם אתה מאמין שמישהו משתמש ביצירה שלך המוגנת בזכויות יוצרים ללא רשותך, אתה יכול לעקוב אחר התהליך המתואר כאן https://he.player.fm/legal.
A weekly podcast on the impacts of digital on the oil and gas industry.
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104 פרקים
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Manage series 3488265
תוכן מסופק על ידי Geoffrey Cann. כל תוכן הפודקאסטים כולל פרקים, גרפיקה ותיאורי פודקאסטים מועלים ומסופקים ישירות על ידי Geoffrey Cann או שותף פלטפורמת הפודקאסט שלהם. אם אתה מאמין שמישהו משתמש ביצירה שלך המוגנת בזכויות יוצרים ללא רשותך, אתה יכול לעקוב אחר התהליך המתואר כאן https://he.player.fm/legal.
A weekly podcast on the impacts of digital on the oil and gas industry.
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104 פרקים
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 Building Tomorrow’s Energy Talent Today 29:29
29:29
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29:29SAIT (Southern Alberta Institute of Technology) has a critical mission: producing the frontline workers that keep the energy industry running. But as the sector evolves—shaped by decarbonization, digital technologies, shifting demographics, and immigration rules—so too must the workforce. According to Dale Hansen, dean of SAIT’s MacPhail School of Energy, the institution’s role is to stay several steps ahead of these trends, making sure graduates are ready to meet the future. Dale faces an unenviable but exciting challenge: anticipating where the energy market is headed years before it happens. SAIT works to identify the skills the industry will need, refresh its curriculum, and recruit educators—all while navigating rapid changes. This isn’t just about tweaking course content; it’s about rethinking what it means to be an energy professional in a world increasingly shaped by new solutions and technologies. The future energy worker won’t just turn wrenches or operate rigs—they’ll need to innovate, adapt, and problem-solve in ways that the industry has yet to experience. Dale highlights how SAIT is taking a proactive approach to build this next-gen workforce, seeing that the energy sector has the talent it needs to thrive in a decarbonized, digital-first future. About Dale Dale Hansen is the Dean in the MacPhail School of Energy at SAIT, providing strategic leadership for its academic programs that span across the energy industry. Prior to joining SAIT, Dale spent 25 years in the oil and gas and mineral resource sectors. Through the course of his career in oil and gas, Dale filled a wide variety of leadership roles across many functions, including time spent in field locations such as the Oil Sands near Fort McMurray. This has provided him with a well-rounded perspective on the industry and an absolute passion for energy in all of its forms. Dale is an experienced facilitator and speaker who holds a Chartered Professional Accounting (CMA) designation and a Master of Arts degree in Leadership from Royal Roads University. Reference Links For SAIT 🖥️ website: https://www.sait.ca/sait-schools/macphail-school-of-energy 📇 Linkedin: https://www.linkedin.com/in/dale-l-hansen/ ⌨️ LinkedIn: https://www.linkedin.com/school/saitca 📧 Dale’s email: dale.hansen@sait.ca 🖥️ Facebook: Facebook.com/SAIT ❌ Twitter: x.com/sait Additional Tools & Resources From Geoffrey 🎬 Go backstage and check out my studio: 👉 https://geoffreycann.com/resources/ 🎓 Take my one day digital strategy training course for oil and gas: 👉 https://www.udemy.com/course/digital-... Connect with Me: 🖥️ Blog series: https://digitaloilgas.substack.com/ 🎧 Podcast: https://geoffreycann.com/broadcast/ 📇 Linkedin: https://www.linkedin.com/in/advocate-digital-innovation-for-energy 🤬 X: https://x.com/geoffreycann Contact for Lectures and Keynotes: I speak regularly on these and other topics. Contact me to book a brief call about your upcoming event needs. Click here 👉 https://geoffreycann.com/contact/…
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Digital Innovations in Oil and Gas with Geoffrey Cann
Oil and gas managers often view every decision as high-stakes and irreversible, but in the digital world, not all choices carry that weight. Jeff Bezos’s concept of “Type One” (irreversible) and “Type Two” (reversible) decisions offers a powerful framework for rethinking decision-making in the energy sector. While some digital investments—like SCADA integrations or major cybersecurity upgrades—are genuine Type One decisions requiring caution, many can be structured to minimize risk. In this episode, I explore practical approaches like pilots, modular designs, and SaaS solutions that help reframe digital investments as low-risk, high-reward opportunities. By distinguishing between true Type One decisions and those that only seem that way, oil and gas companies can accelerate adoption cycles, manage risk effectively, and unlock value faster. Additional Tools & Resources: 🎬 Go backstage and check out my studio: 👉 https://geoffreycann.com/mystudio/ 🎓 Take my one-day digital strategy training course for oil and gas: 👉 https://www.udemy.com/course/digital-oil-and-gas/?referralCode=0161D4D49AB75735A185 Connect with Me: 🖥️ Blog series: https://digitaloilgas.substack.com/ 🎧 Podcast: https://geoffreycann.com/broadcast/ 📇 LinkedIn: https://www.linkedin.com/in/advocate-digital-innovation-for-energy/ 🤬 X: https://x.com/geoffreycann Contact for Lectures and Keynotes: I regularly speak on these and related topics. Book a brief call to discuss your upcoming event: 👉 https://geoffreycann.com/contact/ Disclaimer: The views expressed in this podcast are my own and do not constitute professional advice. Download the Transcript! Want the script for this podcast? Download it here: 👉 https://open.substack.com/pub/digitaloilgas/p/unlocking-digital-doors?r=18ohzb&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true…
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Digital Innovations in Oil and Gas with Geoffrey Cann
With your company being acquired, what happens to the digital innovation you helped pioneer? Sadly, its days may be numbered. The unfortunate fate of digital innovations in the oil and gas industry following acquisitions is really depressing. Even groundbreaking technologies—despite their proven value—are often tossed to the curb by acquiring companies and their old-guard leaders. The structural and cultural barriers that stifle innovation in oil and gas can kill off winning ideas without remorse. That's the story in this episode--the rise and fall of a remarkable digital transformation program that unlocked huge value for a company on the brink, but was left behind after an acquisition by a more traditional player in the industry. Fortunately, I share the steps digital innovators must take to safeguard their work and survive in an acquisition. Sometimes the upside can be huge. Additional Tools & Resources: 🎬 Go backstage and check out my studio: 👉 https://geoffreycann.com/mystudio/ 🎓 Take my one-day digital strategy training course for oil and gas: 👉 https://www.udemy.com/course/digital-oil-and-gas/?referralCode=0161D4D49AB75735A185 Connect with Me: 🖥️ Blog series: https://digitaloilgas.substack.com/ 🎧 Podcast: https://geoffreycann.com/broadcast/ 📇 LinkedIn: https://www.linkedin.com/in/advocate-digital-innovation-for-energy/ 🤬 X: https://x.com/geoffreycann Contact for Lectures and Keynotes: I regularly speak on these and related topics. Book a brief call to discuss your upcoming event: 👉 https://geoffreycann.com/contact/ Disclaimer: The views expressed in this podcast are my own and do not constitute professional advice. Download the Transcript! Want the script for this podcast? Download it here: 👉 https://digitaloilgas.substack.com/p/why-your-digital-oil-and-gas-innovation…
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Digital Innovations in Oil and Gas with Geoffrey Cann
Stitching a new energy trading and risk management (ETRM) system into a modern systems environment is a substantial and risky undertaking. ETRM as a business function is notably complicated and the challenges an integrator faces are legion. Energy trading is perhaps the most complicated of all of the various functional areas one encounters in the oil and gas industry. It is a high risk, high stakes, high cost, highly dynamic, complex function with strong ties into operations and finance, relatively few actual transactions, and carried out by a small number of people who have deep industrial insight. What could go wrong? The successful integrator will promote an open and collaborative environment for the multiple technology and business teams to address the many integration challenges. While the stakes are high, the benefits of a well-designed and executed integration are well worth the investment. Additional Tools & Resources: 🎬 Go backstage and check out my studio: 👉 https://geoffreycann.com/mystudio/ 🎓 Take my one day digital strategy training course for oil and gas: 👉 https://www.udemy.com/course/digital-oil-and-gas/?referralCode=0161D4D49AB75735A185 Connect with Me: 🖥️ Blog series: https://digitaloilgas.substack.com/ 🎧 Podcast: https://geoffreycann.com/broadcast/ 📇 Linkedin: https://www.linkedin.com/in/advocate-digital-innovation-for-energy/ 🤬 X: https://x.com/geoffreycann Contact for Lectures and Keynotes: I speak regularly on these and other topics. Contact me to book a brief call about your upcoming event needs. Click here 👉 https://geoffreycann.com/contact/ Disclaimer: The views expressed in this podcast are my own and do not constitute professional advice. Download the Transcript! Want the actual script that this podcast is based on? You can download the transcript for this podcast here: 👉 https://digitaloilgas.substack.com/p/navigating-green-compliance…
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Digital Innovations in Oil and Gas with Geoffrey Cann
Are you curious how the European Union’s Deforestation Regulation (EUDR) might impact the global oil and gas industry? It will indirectly, thankfully, but in a specific instance and for a specific fuel type, very directly. The fuels industry is on a mad rush to decarbonize its fuel products, under pressure from regulators and customers both of whom are seeking fuels that produce far fewer damaging emissions. One way to decarbonize fuels is through the development and adoption of sustainable fuels that are produced by converting biomass (such as corn, sugar cane, soy, rapeseed, straw, wood chips) into ethanol, bio diesel, and sustainable aviation fuel. Bio fuels, the product of converting biomass to a fuel, is the fuels industry’s answer to the circular economy. Biomass is basically a vector to recycle atmospheric CO2, by first converting C02 into plants (Nature’s contribution), then turning the plants into bio fuel (a humankind speciality), and burning the biofuel as energy, releasing the CO2 back into the atmosphere where it then is converted back into a plant. Bio fuels, depending on their origins, fall into the category of derivative products for the purposes of the EUDR. A clever way to track and trace the provenance of a specific fuel product, including one that is blended, traded, and stored, is to accompany the product with a digital passport or record of the life of the bio fuel. Additional Tools & Resources: 🎬 Go backstage and check out my studio: 👉 https://geoffreycann.com/mystudio/ 🎓 Take my one day digital strategy training course for oil and gas: 👉 https://www.udemy.com/course/digital-oil-and-gas/?referralCode=0161D4D49AB75735A185 Connect with Me: 🖥️ Blog series: https://digitaloilgas.substack.com/ 🎧 Podcast: https://geoffreycann.com/broadcast/ 📇 Linkedin: https://www.linkedin.com/in/advocate-digital-innovation-for-energy/ 🤬 X: https://x.com/geoffreycann Contact for Lectures and Keynotes: I speak regularly on these and other topics. Contact me to book a brief call about your upcoming event needs. Click here 👉 https://geoffreycann.com/contact/ Disclaimer: The views expressed in this podcast are my own and do not constitute professional advice. Download the Transcript! Want the actual script that this podcast is based on? You can download the transcript for this podcast here: 👉 https://digitaloilgas.substack.com/p/navigating-green-compliance…
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Digital Innovations in Oil and Gas with Geoffrey Cann
#private5G #smartfactory #energy #petrochemicals Market-leading companies with complex plant operations, such as oil refineries and petrochemical plants, are turning to private 5G network technology to gain an industrial edge. In the oil refining and petrochemical sectors, inadequate connectivity is a growing challenge that hampers further drives to improve operational efficiency, safety, and communication. Traditional solutions like Wi-Fi just won’t cut it in the uncarpeted world of industry, and wired networks can’t easily meet the needs of a dynamic, mobile workforce. The result is safety risks, frustrated workers, stranded data, and higher cost operations. In this podcast, Mehmet Yavuz , the founder and CTO of Celona discusses how Private 5G offers a powerful solution, providing robust, reliable wireless coverage tailored to the industrial enterprise, to support the unique demands of large-scale facilities, offering seamless connectivity across refinery and petrochemical plant sites. Reference Links For Celona 🖥️ website: https://www.celona.io/ 🖥️ TCO Calculator, live product tour, Proof of concept: https://www.celona.io/journey 🖥️ Virtual Refinery Tour, Case Studies: https://www.celona.io/refineries 📇 Linkedin: https://www.linkedin.com/in/mehyavuz/ Additional Tools & Resources From Geoffrey 🎬 Go backstage and check out my studio: 👉 https://geoffreycann.com/resources/ 🎓 Take my one day digital strategy training course for oil and gas: 👉 https://www.udemy.com/course/digital-... Connect with Me: 🖥️ Blog series: https://digitaloilgas.substack.com/ 🎧 Podcast: https://geoffreycann.com/broadcast/ 📇 Linkedin: / brand-ambassador-digital-for-energy 🤬 X: / geoffreycann Contact for Lectures and Keynotes: I speak regularly on these and other topics. Contact me to book a brief call about your upcoming event needs. Click here 👉 https://geoffreycann.com/contact/…
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Digital Innovations in Oil and Gas with Geoffrey Cann
Suicide is a significant and overlooked issue in various industries. Among the sectors most affected are construction and trades, installation, maintenance and repairs, and agriculture, particularly for men. These fields face high stress, long hours, and job insecurity, which can contribute to mental health struggles. Within oil and gas, the reliance on construction and skilled trades to build infrastructure links this sector closely with some of the highest suicide rates. Many oil and gas workers hail from farming backgrounds. In recent years, there has been a noticeable shift in workplace attitudes toward mental health, with younger leaders increasingly recognizing its connection to overall performance and safety. This change has led to a stronger demand for mental health initiatives, particularly in high-risk industries. By building basic suicide prevention skills across these sectors, workplaces can become more prepared and supportive. Offering employees and managers the tools to recognize warning signs and engage in compassionate conversations is a crucial step in addressing mental health challenges and preventing potential crises before they escalate. My guest, Tara Adams , is a specialist in workplace health and wellness with a focus on the highest-risk industries for suicide. Taking a pragmatic, hands-on approach, Tara provides training and coaching to help businesses create safer workplace environments where suicide prevention is a priority. By making these skills accessible through remote and mobile training, she aims to equip employees with the confidence to support their peers and foster a culture of care and awareness. Connect with the Guest: 👉 Tara Adams : Tara@abridgeconsulting.ca 👉 Abridge Consulting: Abridgeconsulting.com Additional Tools & Resources: 🎓 Take my one day digital strategy training course for oil and gas: 👉 https://www.udemy.com/course/digital-oil-and-gas/?referralCode=0161D4D49AB75735A185 Connect with Me: 🖥️ Blog series: https://digitaloilgas.substack.com/ 🎧 Podcast: https://geoffreycann.com/broadcast/ 📇 Linkedin: https://www.linkedin.com/in/brand-ambassador-digital-for-energy/ 🤬 X: https://x.com/geoffreycann Disclaimer: The views expressed in this video are my own and do not constitute professional advice.…
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Digital Innovations in Oil and Gas with Geoffrey Cann
Successful change management in oil and gas is dependent on having the right mindset about the change. Many years ago, I was involved in implementing a new computer system for a remote field office. The managers assured us that all they needed to do to guarantee a successful implementation was to order the employees by memo to use the system. Change management? Tick. We dutifully couriered to the field office a laptop with the system installed, which was returned to us a couple of days later, crushed flat and with freshly laid-down tire marks visible on the cover. So much for management’s efforts to win over hearts and minds. Change management rarely considers the mindset of those driving change and those expected to embrace change, which inevitably brings conflict to the adoption process. How people show up matters. In this podcast I interview Jeff Perry , a leadership and career expert who helps individuals, teams, and organizations unlock their potential in all facets of life. Given his background in engineering, business, and leadership, he specializes in working with engineering and technical professionals, but the principles he shares are universal. He is the author of the bestselling book, "The Intentional Engineer: A Guide to a Purpose-Driven Life and Career for Engineers and Technical Professionals." Connect with Jeff: 🖥️ Website: https://www.jeff-perry.com 📇 Linkedin: https://www.linkedin.com/in/jeffcperry/ 📧 Email: jeff@jeff-perry.com Jeff’s Tools and Resources: 📑 The Intentional Engineer Workbook 📋 The Connection Code 📘 The Intentional Engineer 📙 The Intentional Career Guide Additional Tools & Resources: 🎬 Go backstage and check out my studio: 👉 https://geoffreycann.com/resources/ 🎓 Take my one day digital strategy training course for oil and gas: 👉 https://www.udemy.com/course/digital-oil-and-gas/?referralCode=0161D4D49AB75735A185 📙 Bits, Bytes, and Barrels: The Digital Transformation of Oil and Gas: https://geoffreycann.com/book/ 📘 Carbon, Capital, and the Cloud: A Playbook for Digital Oil and Gas: https://geoffreycann.com/book/ Connect with Me: 🎧 Podcast: https://geoffreycann.com/broadcast/ 📇 Linkedin: https://www.linkedin.com/in/training-digital-oil-gas/ 🤬 X: https://twitter.com/geoffreycann Contact for Lectures and Keynotes: I speak regularly on these and other topics. Contact me to book a brief call about your upcoming event needs. Click here 👉 https://geoffreycann.com/contact/ Disclaimer: The views expressed in this video are my own and do not constitute professional advice.…
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Digital Innovations in Oil and Gas with Geoffrey Cann
It's never been easy for energy products to demonstrate they are sustainable because such products are not easily traceable through the supply chain. Commodity products such as energy, plastics, carbon, and fuels are fungible, voluminous, and blended with each other. The supply chains are not segregated, leading to possible cross contamination when a sustainable fuel passes through infrastructure that is shared with traditional fossil fuels. However, regulatory efforts are putting pressure on organizations to address this using new digital solutions, leveraging machine generated data, blockchain trusted ledgers, cloud computing, and analytics. Concepts like digital passports that accompany physical cargos allow supply chain participants to track the movements of cargos and trace their chain of custody from feedstock to the consumer, and back through the waste stream as they reenter the manufacturing loop. These ideas do not apply solely to fuels. Minerals such as lithium, which have very high value and are recyclable, are also benefiting from passports that provide assurance that the minerals are responsibly sourced and properly handled. One of the key technologies that the energy industry uses for this purpose is called Marco, a kind of middleware technology for digital ledgers that provides for easy solution building. In this interview, I speak with Noslen Suárez , account executive with Finboot , on how Finboot's solutions allow petroleum, petrochemical, and energy companies deliver sustainable products. Noslen has a background in Physics, and holds a PhD in quantum mechanics. Connect with Noslen: 📇 Linkedin: https://www.linkedin.com/in/noslensuarezrojas/ Additional Tools & Resources: 🎬 Go backstage and check out my studio: 👉 https://geoffreycann.com/resources/ 🎓 Take my one day digital strategy training course for oil and gas: 👉 https://www.udemy.com/course/digital-oil-and-gas/?referralCode=0161D4D49AB75735A185 Connect with Me: 🖥️ Blog series: https://digitaloilgas.substack.com/ 🎧 Podcast: https://geoffreycann.com/broadcast/ 📇 Linkedin: https://www.linkedin.com/in/training-digital-oil-gas/ 🤬 X: https://x.com/geoffreycann Contact for Lectures and Keynotes: I speak regularly on these and other topics. Contact me to book a brief call about your upcoming event needs. Click here 👉 https://geoffreycann.com/contact/ Disclaimer: The views expressed in this podcast are my own and do not constitute professional advice.…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 Busting Biases, Boosting Innovation 12:50
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12:50Managers in oil and gas rely on various rules of thumb to accelerate decision making, but at times these biases get in the way of making better decisions. Biases that were at one time helpful are now a kind of risk. Examples include the emphasis on production above all else, the preference for proven over novel solutions, and the preference for those innovations that originate in the industry. These lingering biases explain why the fortunes of oil and gas companies now dramatically lag the index leaders whose market values are now in the trillions. Correcting for these biases is not hard, but it does take concerted effort, particularly using some change management tactics. When times are stable, biases are perhaps a convenient way to facilitate decisions and gain unanimity at the management table. However, the industry is facing far greater complexity than in the past, and such biases are now a risk to be managed. Additional Tools & Resources: 🎬 Go backstage and check out my studio: 👉 https://geoffreycann.com/resources/ 🎓 Take my one day digital strategy training course for oil and gas: 👉 https://www.udemy.com/course/digital-oil-and-gas/?referralCode=0161D4D49AB75735A185 Connect with Me: 🖥️ Blog series: https://digitaloilgas.substack.com/ 🎧 Podcast: https://geoffreycann.com/broadcast/ 📇 Linkedin: https://www.linkedin.com/in/training-digital-oil-gas/ 🤬 X: https://x.com/geoffreycann Contact for Lectures and Keynotes: I speak regularly on these and other topics. Contact me to book a brief call about your upcoming event needs. Click here 👉 https://geoffreycann.com/contact/ Disclaimer: The views expressed in this podcast are my own and do not constitute professional advice. Download the Transcript! Want the actual script that this podcast is based on? You can download the transcript for this podcast here: 👉 https://digitaloilgas.substack.com/p/from-crude-to-computation…
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Digital Innovations in Oil and Gas with Geoffrey Cann
Imagine that the year is 2034. How will the world of oil be digitally different from the way things are in 2024? Some things won't have changed much. Demand will still be strong. We will still be consuming a lot of oil. This is baked in. There is plenty of supply. Costs will have crept up but productivity will more than make up for that. Digital will have utterly transformed how we run the industry thanks to: the circular economy and full life cycle monitoring of our assets digital twin solutions for optimizing production and operations remote control, robots and automation that take out human workers cloud solutions that make everything online all the time mobile connectivity to all mobile people and gear voice interfaces whereever possible. The future is coming quicker than we think. Preparing for it costs no more than running a few trials of a small number of innovations. Additional Tools & Resources: 🎬 Go backstage and check out my studio: 👉 https://geoffreycann.com/resources/ 🎓 Take my one day digital strategy training course for oil and gas: 👉 https://www.udemy.com/course/digital-oil-and-gas/?referralCode=0161D4D49AB75735A185 Connect with Me: 🖥️ Blog series: https://digitaloilgas.substack.com/ 🎧 Podcast: https://geoffreycann.com/broadcast/ 📇 Linkedin: https://www.linkedin.com/in/training-digital-oil-gas/ 🤬 X: https://twitter.com/geoffreycann Contact for Lectures and Keynotes: I speak regularly on these and other topics. Contact me to book a brief call about your upcoming event needs. Click here 👉 https://geoffreycann.com/contact/ Disclaimer: The views expressed in this podcast are my own and do not constitute professional advice. Download the Transcript! Want the actual script that this podcast is based on? You can download the transcript for this podcast here: 👉 https://digitaloilgas.substack.com/p/from-crude-to-computation…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 Six Key Risks That Crater Digital Entrepreneurs 10:57
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10:57Digital entrepreneurs face many worrisome perils, and oil and gas poses its own unique set. In my view, the single greatest challenge facing technology companies when dealing with oil and gas is the lack of a clear pathway from the outset of the relationship to scaling up or gaining an enterprise commitment to adoption. The level of fragmentation of decision making inside oil and gas means that a lot of managers get to weigh in on technology that might impact their unit. But for the technology company, that fragmentation also translates into heroically long decision cycles, long waits between meetings, and time spent unproductively helping decision makers get to a decision. Slow cash payment cycles hurt the economics. Change management isn't seen as valuable. The industry shies away from any publicity, even the positive kind that helps digital innovators. It's all about the culture. Additional Tools & Resources: 🎬 Go backstage and check out my studio: 👉 https://geoffreycann.com/resources/ 🎓 Take my one day digital strategy training course for oil and gas: 👉 https://www.udemy.com/course/digital-oil-and-gas/?referralCode=0161D4D49AB75735A185 Connect with Me: 🖥️ Blog series: https://digitaloilgas.substack.com/ 🎧 Podcast: https://geoffreycann.com/broadcast/ 📇 Linkedin: https://www.linkedin.com/in/training-digital-oil-gas/ 🤬 X: https://twitter.com/geoffreycann Contact for Lectures and Keynotes: I speak regularly on these and other topics. Contact me to book a brief call about your upcoming event needs. Click here 👉 https://geoffreycann.com/contact/ Disclaimer: The views expressed in this podcast are my own and do not constitute professional advice. Download the Transcript! Want the actual script that this podcast is based on? You can download the transcript for this podcast here: 👉 https://digitaloilgas.substack.com/p/the-six-key-risks-that-absolutely…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 The Latest Digital Bludgeon With Which To Beat Up Oil and Gas 11:49
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11:49A brand new digital bludgeon whose nearly sole purpose is to beat up on the oil and gas industry, is about to be launched. As usual, this is both bad and good news. The global oil and gas industry is the single largest source of avoidable methane emissions, emitting 80 million tons per year through venting, flaring, and unintentional losses (fugitive emissions). These Scope 1 emissions represent the fastest pathway for the gas industry to meet pressing climate targets. MethaneSat will be able to detect emissions at lower concentrations, from smaller sites, more frequently, and with greater accuracy than previous satellites. And here’s the kicker. The data collected by MethaneSAT will be made publicly available, unlike many other data from satellite sources. Companies have already developed the algorithms to sift through the petabytes of survey data that such satellites produce (and like many algorithms, some will be in the public domain), so that the analysis will be swiftly available. What could possibly go wrong? Additional Tools & Resources: 🎬 Go backstage and check out my studio: 👉 https://geoffreycann.com/resources/ 🎓 Take my one day digital strategy training course for oil and gas: 👉 https://www.udemy.com/course/digital-oil-and-gas/?referralCode=0161D4D49AB75735A185 Connect with Me: 🖥️ Blog series: https://digitaloilgas.substack.com/ 🎧 Podcast: https://geoffreycann.com/broadcast/ 📇 Linkedin: https://www.linkedin.com/in/training-digital-oil-gas/ 🤬 X: https://twitter.com/geoffreycann Contact for Lectures and Keynotes: I speak regularly on these and other topics. Contact me to book a brief call about your upcoming event needs. Click here 👉 https://geoffreycann.com/contact/ Disclaimer: The views expressed in this podcast are my own and do not constitute professional advice. Download the Transcript! Want the actual script that this podcast is based on? You can download the transcript for this podcast here: 👉 https://digitaloilgas.substack.com/p/the-latest-digital-bludgeon-with…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 Eight Board Questions About Mobility Fuel Transition 15:03
15:03
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15:03The upcoming changes to mobility fuels are important enough that Boards should be paying close attention, and challenging management with keeping pace. For the first time in my life, there are now really big changes coming to the fuel industry. These changes will impact every single participant in the mobility fuel supply chain, from producers to consumers. The level of investment required in new mobility fuels to meet global demands are creating opportunities for wealth creation that have no parallel in history. Never before has mobility experienced such an upheaval. Fortunes will be made. Simplistic answers to the challenges of mobility fuel change are simply not good enough. This is a complex hard to solve problem in a huge, highly fragmented market with participants at dramatically different levels of readiness. If you’re serving on the Board of an energy company, your role is to see that management is taking the transition away from fossil fuels seriously. This podcast highlights the questions you might want to ask at the next quarterly. Additional Tools & Resources: 🎬 Go backstage and check out my studio: 👉 https://geoffreycann.com/resources/ 🎓 Take my one day digital strategy training course for oil and gas: 👉 https://www.udemy.com/course/digital-oil-and-gas/?referralCode=0161D4D49AB75735A185 Connect with Me: 🖥️ Blog series: https://digitaloilgas.substack.com/ 🎧 Podcast: https://geoffreycann.com/broadcast/ 📇 Linkedin: https://www.linkedin.com/in/training-digital-oil-gas/ 🤬 X: https://twitter.com/geoffreycann Contact for Lectures and Keynotes: I speak regularly on these and other topics. Contact me to book a brief call about your upcoming event needs. Click here 👉 https://geoffreycann.com/contact/ Disclaimer: The views expressed in this podcast are my own and do not constitute professional advice. Download the Transcript! Want the actual script that this podcast is based on? You can download the transcript for this podcast here: 👉 https://open.substack.com/pub/digitaloilgas/p/eight-board-questions-about-mobility…
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Digital Innovations in Oil and Gas with Geoffrey Cann
Process industry professionals have long known about the risks of failure hidden in piping infrastructure, but robotic inspections are poised to solve this safety and risk problem. The pipes with the highest risk profile are undoubtably those used in the petroleum industry, and detecting and assessing their condition under layers of coatings and insulation is one of the most important challenges for the industry. Piping can fail for a variety of reasons, and inspections are expected to detect a broad range of conditions and potential failure points. Most of the more insidious piping weaknesses are not visible to the eye, which can mislead managers into thinking that pipe integrity is assured. Piping failure in a refinery context can be truly catastrophic. Hydrocarbons are toxic and explosive, carry enormous safety implications, and considerable financial risk. A failure of a non-redundant pipe can result in total plant collapse. Suffice to say, the scale of piping infrastructure, the complexity of the material science at stake, the logistical challenges involved, and the nature of the microscopic problems under scrutiny combine into a major undertaking for plant owners keen to avoid substantial financial and safety risks. Better solutions are now available, and feature such innovations as robotic operations, better sensing under insulations, and dramatically improved diagnostics. Dianna Liu is the founder & president of ARIX Technologies, a robotic inspection company using pipe-crawlers and a data analytics software platform to help manufacturing companies better manage corrosion and schedule maintenance. Prior to founding ARIX, Dianna was an engineer for ExxonMobil with roles in logistics/operations and engineering. She has also had R&D experience in the medical device and pharmaceutical industries and prior entrepreneurship experience in founding and managing a 23-year-old online horse game. Dianna holds dual mechanical and biomedical engineering degrees from Duke University and an MBA from Yale University. Additional Tools & Resources: Connect with Dianna! 📧 sales@arix-tech.com 🖥️ Website: https://arix-tech.com 📇 LinkedIN: https://www.linkedin.com/company/arix-technologies/ 📇 Linkedin: https://www.linkedin.com/in/dianna-liu/ 🎦 https://www.youtube.com/@arixtechnologies 🎬 Go backstage and check out my studio: 👉 https://geoffreycann.com/resources/ 🎓 Take my one day digital strategy training course for oil and gas: 👉 https://www.udemy.com/course/digital-oil-and-gas/?referralCode=0161D4D49AB75735A185 You might find this related article that I wrote of interest! 👉 https://digitaloilgas.substack.com/p/corrosion-under-insulation-the-process Connect with Me: 🖥️ Blog series: https://digitaloilgas.substack.com/ 🎧 Podcast: https://geoffreycann.com/broadcast/ 📇 Linkedin: https://www.linkedin.com/in/training-digital-oil-gas/ 🤬 X: https://twitter.com/geoffreycann Disclaimer: The views expressed in this podcast are my own and do not constitute professional advice.…
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Digital Innovations in Oil and Gas with Geoffrey Cann
There is a new career pathway now available, that of the digital engineer. This career pathway is open to any engineer who is curious how digital innovations intersect with the traditional engineer job, creating this new role of the digital engineer. Identifying and discovering these new roles is not hard, but for most engineers, it will take them out of their comfort zone to confront some uncertainty, some risk. In essence, it's about risk seeking rather than risk mitigation. In this podcast I interview Philip Black, a professional engineer, and oil and gas expert, because he has successfully transitioned his traditional chemical and processing background to become a digital expert. He pivoted his career without losing his momentum and crafted for himself a new career as a digital engineer. He was sought out by the most senior people in his company to learn more about digital innovations and how they impact the oil and gas industry. Phil has pivoted his career several times and has codified what he has learned to do in a way that any engineer can easily follow. Learn more at his website and pivot your own career into digital or new roles in your company, or into entirely new fields. Engineer Career Pivot! 👉 https://engineercareerpivot.com Connect with Phil! 📇 Linkedin: https://www.linkedin.com/in/pblack/ 👩🏻💻 webinar: https://www.engineercareerpivot.com/Landing-Masterclass-Acquisition-Conversations-You-Need-To-Hear-pb 📧 email: phil@engineercareerpivot.com You might find these related articles of interest! 👉 https://digitaloilgas.substack.com/p/why-your-digital-oil-and-gas-innovation 👉 https://digitaloilgas.substack.com/p/how-to-keep-your-digital-energy-job Connect with Me: 🖥️ Blog series: https://digitaloilgas.substack.com/ 🎧 Podcast: https://geoffreycann.com/broadcast/ 📇 Linkedin: https://www.linkedin.com/in/training-digital-oil-gas/ 🤬 X: https://twitter.com/geoffreycann Contact for Lectures and Keynotes: I speak regularly on these and other topics. Contact me to book a brief call about your upcoming event needs. Click here 👉 https://geoffreycann.com/contact/ Disclaimer: The views expressed in this video are my own and do not constitute professional advice.…
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Digital Innovations in Oil and Gas with Geoffrey Cann
Upskilling of oil and gas professionals in the digital era is a topic everywhere, including the Caribbean island economies. Upskilling means the acquisition of new knowledge and skills, and in digital, this means topics such as cloud computing, artificial intelligence, app development, and sensor technology. It's tough enough to acquire new capabilities and stay current in big metropolitan centers. Imagine the challenges in smaller oil and gas producing economies, such as those found in the Caribbean. On-line and distance learning help, but that's not enough. The formal education sector has to play its role, as does industy. But how does this happen? In this podcast, I'm in conversation with Hamlyn Holder, a sessional lecturer with the University of the West Indies and an employee of the oil and gas industry, based in Trinidad and Tobago, one such oil production nation in the Caribbean. Hamlyn has over 20 years of both upstream and downstream engineering experience with nearly a decade of this time dedicated to serving Methanex Trinidad Ltd. Methanex Corporation is the world's largest producer and supplier of methanol to major international markets in North and South America, Europe, and Asia Pacific. Methanol is a clear liquid chemical used in thousands of everyday products, including plastics, paints, cosmetics, and is a clean-burning, cost-effective alternative fuel. As the Site Reliability Engineer, he ensures the optimal functionality and performance of critical plant assets and is committed to continuous improvement and innovation in the asset management of their methanol plants and air separation units. He currently serves as a Lecturer at the University of the West Indies, Engineering Faculty and also at the Caribbean Institute for Quality training the Caribbean workforce in ASQ courses such as Six Sigma Black Belt, Quality Management and Reliability Engineering. He holds a Master’s in Engineering and Asset Management from the University of the West Indies, is CAMA Certified and co-founded Cube Root Farms, a company that helps local farmers, schools and communities to adopt modern smart and sustainable agricultural techniques. He is also well versed in developing, enhancing and launching many enterprise management softwares and is a member of many industry bodies such as API, ASQ, PMI , IEEE, ASME and APETT. Additional Tools & Resources: 🎬 Go backstage and check out my studio: 👉 https://geoffreycann.com/resources/ 🎓 Take my one day digital strategy training course for oil and gas: 👉 https://www.udemy.com/course/digital-... Connect with Me: 🖥️ Blog series: https://digitaloilgas.substack.com/ 🎧 Podcast: https://geoffreycann.com/broadcast/ 📇 Linkedin: https://www.linkedin.com/in/training-... 🤬 X: https://twitter.com/geoffreycann Contact for Lectures and Keynotes: I speak regularly on these and other topics. Contact me to book a brief call about your upcoming event needs. Click here 👉 https://geoffreycann.com/contact/ Disclaimer: The views expressed in this podcast are my own and do not constitute professional advice. Connect with Hamlyn! 📇 Linkedin: linkedin.com/in/hamlyn-holder-cre-pmp-cama-3664424a 🤬 X: https://twitter.com/holdertwit…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 From The Industrial Age to the Digital Era 43:08
43:08
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43:08It’s rare to hear directly from a business leader who has a broad range of oil and gas experience, coupled with a personal front-line role in leading digital adoption, but today’s podcast offers just that. Lewis Gillhespy is a former senior leader with Suncor, including roles as Global Chief Geologist, major asset developer, head of a major acquisition, R&D, and lastly, digital transformation leader for the subsurface areas. He describes how oil and gas companies are the children of the Industrial Age. They are reflective of the massive scale of operations that grew out of the enormous demands for energy. Their breadth and diversity of operations, international reach, technology diversity, and emphasis on innovation has created very complex organizations with customized ways of working that are in turn dependent on skilled managers with personal relationship skills to navigate. This business model has rendered them hugely profitable, but highly vulnerable to the digital revolution. Lewis highlights how the adoption of lean methods of working, that simplify complex processes that in turn allow managers to control data and technologies and systems, creates more nimble companies that can quickly embrace change. The reason is that processes tend to be more stable than IT, data or people. Tackling just the data or IT means you miss the process opportunity. The business pressure is that the case for digital is an exponential one, and is now outracing the industrial model. This exponential business case is predicated on high quality data. Driving down cost, driving out waste to achieve low cost operatorship; Producing compelling metrics, delivering analytics from data, applying AI on data, and deriving insights such as benchmarking; and, Innovating new ways of working that deliver dramatic productivity gains. This forces a need for leadership to be actively engaged in the transformation, as uncomfortable as that may be, to promote the new ways of work, and model the right behaviours. These days, Lewis works as a consultant in Geoscience, Digital Transformation, Project Management, and Commercial M&A to the Energy Industry. He holds an MSc in Petroleum Geoscience from Imperial College, a BSc. in Geological Science from Leeds University and attended the Harvard Business School Leadership Program in Boston. Additional Tools & Resources: 🎬 Go backstage and check out my studio: 👉 https://geoffreycann.com/resources/ 🎓 Take my one day digital strategy training course for oil and gas: 👉 https://www.udemy.com/course/digital-oil-and-gas/?referralCode=0161D4D49AB75735A185 Connect with Me: 🖥️ Blog series: https://digitaloilgas.substack.com/ 🎧 Podcast: https://geoffreycann.com/broadcast/ 📇 Linkedin: https://www.linkedin.com/in/training-digital-oil-gas/ 🤬 X: https://twitter.com/geoffreycann Contact Me for Lectures and Keynotes: I speak regularly on these and other topics. Contact me to book a brief call about your upcoming event needs. Click here 👉 https://geoffreycann.com/contact/ Disclaimer: The views expressed in this video are my own and do not constitute professional advice. Get In Touch with Lewis! 📧email : lewis.gillhespy@rockflow.com 📇 LinkedIn: https://www.linkedin.com/in/lewis-gillhespy/ 👨💻 https://rockflow.com/…
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Digital Innovations in Oil and Gas with Geoffrey Cann
Emissions management in energy is in drastic need of improvement. Carbon management is not carried out in an auditable and transparent way, is not standardized for the energy industry. As a result, carbon measures are subject to misinterpretation, claims reversal, misstatements, and greenwashing. Trust in the industry has eroded. A number of leading energy companies embarked on a journey to transform the practices of the industry by adopting new modern digital technologies. Forming a consortium called Blockchain for Energy, the companies set out to design and deploy common interoperable solutions that addressed the industry's more intractable problems. One of its first products is called B4E Carbon, and is a new cutting edge emissions management solution. The solution provides an end to end mechanism for measuring and reporting carbon emissions, for compliance, regulatory, and commercial needs. Data is captured at source, ingested, transformed and stored immutably in an accessible database. The leader of the Consortium is Rebecca Hofmann, an experienced energy executive with a background in multiple dimensions of the oil and gas sector. The Blockchain for Energy (B4E) consortium provides its members with forward thinking learnings and solutions. It collaboratively drives digital transformation by providing members with opportunities to accelerate their digitalization journey. Through collective synergies, B4E seeks to resolve, reinvent, and transform the industry’s standard ways of working with external parties. Blockchain for Energy is a safe venue to create transformational change – for the energy industry – by the energy industry. Current B4E members and collaborators include Chesapeake Energy, Chevron, ConocoPhillips, Devon Energy, ExxonMobil, Repsol, Saudi Aramco, Schlumberger, Enovate AI, Emerson ZEDI, Hedera, GBBC/IWA and Tolam Earth. B4E Carbon was developed with the assistance of Enovate AI, founded by Camilo Mejia. With a background in Petroleum Engineering, Data Science, and Business Administration, Camilo has held global executive positions in corporate environments. Enovate AI delivers business and operational process optimization for decarbonization and energy independence through digital engineering and automation. Enovate AI’s proven technology model is enabled by the capacity to deliver digital solutions that accelerate a clean, efficient, and diversified energy supply. Enovate AI supports oil and gas, renewables, and CCS operations with an end-to-end digital package from optimization to monetization. Enovate AI supports a cleaner, more efficient, and diversified energy industry through the deployment of effective AI solutions. At Enovate AI we realize the full potential of process autonomy to create a more profitable, sustainable, and environmentally responsible energy industry across the globe. Contacting the Guests: 📧 email : martin@w1-comms.com 📇 LinkedIn: https://www.linkedin.com/company/enovateai/ 📇 LinkedIn: https://www.linkedin.com/company/75552358/ 📇 LinkedIn: 👨💻 https://www.blockchainforenergy.net/solutions/ 👨💻 https://enovate.ai/ Additional Tools & Resources: 🎬 Go backstage and check out my studio: 👉 https://geoffreycann.com/resources/ 🎓 Take my one day digital strategy training course for oil and gas: 👉 https://www.udemy.com/course/digital-oil-and-gas/?referralCode=0161D4D49AB75735A185 Connect with Me: 🖥️ Blog series: https://digitaloilgas.substack.com/ 🎧 Podcast: https://geoffreycann.com/broadcast/ 📇 Linkedin: https://www.linkedin.com/in/training-digital-oil-gas/ 🤬 X: https://twitter.com/geoffreycann Contact for Lectures and Keynotes: I speak regularly on these and other topics. Contact me to book a brief call about your upcoming event needs. Click here 👉 https://geoffreycann.com/contact/ Disclaimer: The views expressed in this video are my own and do not constitute professional advice.…
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Digital Innovations in Oil and Gas with Geoffrey Cann
The world of consumer loyalty for fuel brands is undergoing tremendous change because of data. With the huge penetration rate of mobile phones, the rise of app stores, and always-on websites, fuel retailers have a new opportunity to create a tighter link to their customers for fuel and other services. Even in the Middle East, where fuel prices are historically very low relative to other countries, consumers are becoming much more price sensitive. To attract them to a fuel pump means more than having the lowest price. It means crafting an ecosystem of in-demand services, and offering the consumer deals for those goods and services in exchange for loyalty points that can be redeemed for value. Consumers are not just individuals but also fleet operators, such as Careem (an Uber-like service), taxis, and delivery services. Effective service programs for fleet operators drive a 90% penetration rate for loyalty programs. Better data allows for deeper segmentation of the consumer behaviour and drives more impactful insights into relevant partners for the eco system (such as hotels, travel, tourism, shopping experiences, and more). Even in the future, if traditional fuel is not the anchor reason to visit the fuel station, the consumer may still visit for vehicle servicing, getting morning coffee, picking up groceries, and holding meetings. Which services they covet is revealed in the data collected by the ecosystem and co-brand information, which in turn drives the decisions for investing in new partners and other relevant services. Tourists may even be courted via such loyalty programs by becoming the must-have app on the phone when visiting the UAE, which is a tourism hub for the region. This is all revealed in this podcast conversation with Suryaveer Singh , the Head of Loyalty, CRM, and Data Analytics for the YES Rewards program. YES Rewards has digitized the fuel purchase loyalty card allowing for instant earn and burn capabilities, cross promotion across Fuel and Non-fuel brands, subscriptions for coffee, carwash, oil change, Digital receipts, and many other features. Key to YES’s success is a unified customer experience using a highly capable technology platform. The UAE, with its relatively small geography, wealthy citizens, high technology usage, and strong telecom networks, create a unique place to actualize a new relationship with the energy consumer. Nimble economies are best positioned to prepare the way for the electrification of transportation, the hydrogen highway, the sustainable fuel revolution, and the next generation energy consumer. Additional Tools & Resources: 🎓 Take my one day digital strategy training course for oil and gas: 👉 https://www.udemy.com/course/digital-oil-and-gas/?referralCode=0161D4D49AB75735A185 You might find this related article of interest! 👉 https://digitaloilgas.substack.com/p/the-epic-contest-for-tomorrows-energy-customer Connect with Me! 🖥️ Blog series: https://digitaloilgas.substack.com/ 🎧 Podcast: https://geoffreycann.com/broadcast/ 📇 Linkedin: https://www.linkedin.com/in/training-digital-oil-gas/ 🤬 X: https://twitter.com/geoffreycann Contacts for Lectures and Keynotes: I speak regularly on these and other topics. Contact me to book a brief call about your upcoming event needs. Click here 👉 https://geoffreycann.com/contact/ Disclaimer: The views expressed in this video are my own and do not constitute professional advice.…
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Digital Innovations in Oil and Gas with Geoffrey Cann
Description Turnarounds, shutdowns and outages in heavy industry are key processes for keeping industrial infrastructure running at peak performance. Some plants, such as oil refineries, will plan and execute annual turnarounds, during which time accumulated work orders are tackled, substantial repairs or upgrades are executed, and regular maintenance activities are executed. LNG facilities, which are processing a much simpler and cleaner commodity (natural gas), might only experience a turnaround every few years. Outages can be both planned and unplanned. A planned outage is carefully scheduled so that teams can carry out routine maintenance or equipment inspections. Unplanned outages, which can be caused by fires, equipment failure, or even intense storms, require a more urgent, unplanned and more costly response. The execution of these key processes (shutdowns, turnarounds, and outages or STO) is very different from normal operations. The workforce for STO is often contingent. Work planning is more demanding. Scheduling and coordination takes on a greater priority. The costs for STO can be exceptionally high, particularly considering the cost of lost production. Needless to say, STO attracts specialized firms that focus on bringing best in class processes and practices to assist industrial companies improve their STO execution. In this interview, I speak with Ross Coulman, the Managing Director at IAMTech, a company at the forefront of innovative asset management and technology solutions. For over twenty years, Ross has been leading the industry in simplifying complex industrial processes through cutting-edge technology and software solutions. His hands-on approach and deep understanding of the operational challenges faced by these sectors originated years ago when he first joined an industrial company on a temporary assignment, only to discover the extraordinary level of waste and inefficiency that can plague the industrial asset owner. Ross is a regular speaker at industry conferences and events, where he shares insights on the future of asset management, digital transformation, and the importance of sustainable industrial practices. Additional Tools & Resources: 🎓 Take my one day digital strategy training course for oil and gas: 👉 https://www.udemy.com/course/digital-oil-and-gas/?referralCode=0161D4D49AB75735A185 You might find this related article of interest! 👉 https://digitaloilgas.substack.com/p/transforming-oil-and-gas-turnarounds-using-digital/ Connect with Me! 🖥️ Blog series: https://digitaloilgas.substack.com/ 📧 email: geoff@geoffreycann.com 🎧 Podcast: https://geoffreycann.com/broadcast/ 📇 Linkedin: https://www.linkedin.com/in/training-digital-oil-gas/ 🤬 X: https://twitter.com/geoffreycann Contacts for Lectures and Keynotes: I speak regularly on these and other topics. Contact me to book a brief call about your upcoming event needs. Click here 👉 https://geoffreycann.com/contact/ Disclaimer: The views expressed in this video are my own and do not constitute professional advice. Contacting the Guest: Ross Coulman 📹 Instagram: https://www.instagram.com/iamtech_ltd/ ❤️ Facebook: https://www.facebook.com/profile.php?id=100063591369555 📧 email: ross@iamtech.com 📇 LinkedIn: https://www.linkedin.com/company/35547656 📇 LinkedIn: https://www.linkedin.com/in/rosscoulman/ 🖥️ website: www.iamtech.com…
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Digital Innovations in Oil and Gas with Geoffrey Cann
In this episode, I’m in conversation with Serge Guzenko, Founder and CEO of Wezom, about custom code. With over 24 years of experience in the industry, Serge has led WEZOM to become an international IT company known for its innovative solutions and client-centric approach in developing custom code. Wezom is a global custom code business. I'm really interested in this niche and critical role of custom software development, particularly within the oil and gas industry. I start by asking Serge to explain the unique advantages of custom software. It's not obvious to oil and gas professionals, who view their businesses as generally undifferentiated, why they might value the flexibility and features that address the unique needs of the oil and gas sector. Custom solutions can be tailored to enhance operational efficiency, integrate with existing systems, and handle complex data management tasks that generic software often cannot. The discussion highlights several key factors to consider when opting for custom software, such as the specific operational needs of the company, unique requirements, and cost effectiveness. Serge points out areas within this sector that particularly benefit from custom solutions. We talk through cost of delivery, the need for ongoing maintenance, and the availability of skilled developers familiar with the industry’s nuances. Looking forward, Serges shares his view of the future of custom software development, featuring increased integration of AI tools that can further enhance the capabilities and efficiency of custom solutions. AI’s role in supporting coding work is only just starting. This episode not only highlights the persistent relevance of custom software development in a world dominated by generic ERP solutions but also illustrates its strategic importance in industries where customization can lead to significant competitive advantages and operational improvements. Serge is deeply passionate about his work and is dedicated to delivering exceptional results for his clients. Throughout his career, Serge has demonstrated strong leadership skills, overseeing a team of over 250 employees and delivering more than 1000 IT solutions for companies, enterprises, startups, and government entities. Wezom worked with projects of such companies as Metinvest, Aptiv, CooperHunter, and JohnDeer. Additional Tools & Resources: 🎬 Go backstage and check out my studio: 👉 https://geoffreycann.com/resources/ 🎓 Take my one day digital strategy training course for oil and gas: 👉 https://www.udemy.com/course/digital-oil-and-gas/?referralCode=0161D4D49AB75735A185 Connect with Me: 🖥️ Blog series: https://digitaloilgas.substack.com/ 🎧 Podcast: https://geoffreycann.com/broadcast/ 📇 Linkedin: https://www.linkedin.com/in/training-digital-oil-gas/ 🤬 X: https://twitter.com/geoffreycann Contact for Lectures and Keynotes: I speak regularly on these and other topics. Contact me to book a brief call about your upcoming event needs. Click here 👉 https://geoffreycann.com/contact/ Disclaimer: The views expressed in this video are my own and do not constitute professional advice. Connect with Serge: 📇 LinkedIn: https://www.linkedin.com/in/sergey-guzenko-wezom/ 📇 LinkedIn: https://www.linkedin.com/company/wezom/ 😡X: https://twitter.com/wezomcompany 👨💻Facebook: https://www.facebook.com/wezom.company 📸 Instagram: https://www.instagram.com/wezom001/ 📸 Instagram: https://www.instagram.com/wezom.company/ Clutch - https://clutch.co/profile/wezom#summary Pinterest https://ru.pinterest.com/wezom_company/ Youtube: https://www.youtube.com/@WEZOM_COMPANY 👩🏻💻https://wezom.com/…
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Digital Innovations in Oil and Gas with Geoffrey Cann
Where Energy meets Facts: Empowering People to Reduce Energy Costs The average western consumer has no idea how much energy they use. It’s not really their fault — the energy system was never designed to give the consumer visibility into their energy consumption. We even measure energy in many different and confusing ways. Gasoline is in gallons. Power is in kilowatt hours. Propane is in pounds. Structurally, energy companies are not incentivized to provide their consumers with data about their energy use. Collecting the data is a huge exercise in building integrations from various data sources to build up a picture of energy use. Households have many different energy suppliers (power and gas utilities, gasoline retailers), and there are many individual buyers. It’s not clear consumers will pay for that insight. Jotson is setting out to challenge that problem and fix it. To quote Mark Little, the CEO and co-founder, it’s baffling that mankind can put people into orbit around the planet, and land astronauts on the moon, but the average household can’t figure out how much they’re spending on energy. By giving consumers real data about their energy use, Jotson hopes to empower people to take charge of their energy consumption and to make better personal choices to reduce their demands on the energy system. In this interview, I speak with Mark about his start up, Jotson, and his mission to empower Canadians to manage household energy cost and consumption. Mark has more than 35 years of leadership experience in the Canadian energy industry, including 23 years at Imperial/Exxon, and most recently as President & CEO at Suncor Energy. During his career, Mark has led large complex organizations working on multi-billion-dollar energy projects, from the conceptual design, development, and project implementation through to operations and maintenance. Mark has led the startup and operation of large wind, solar, and biogas projects, and is one of the founding CEOs of Pathways Alliance, an initiative that sets the six largest oil sands companies in Canada on a path to reach net-zero CO2 emissions. He is a board member of General Fusion, and an advisor to both the Coalition for a Better Future and Cycle Capital. Mark holds two degrees – one in computer science from the University of Calgary, and one in applied petroleum engineering technology from the Southern Alberta Institute of Technology. He is also a graduate of the advanced management program at Harvard Business School. From 2003 to 2007 he served as Honorary Colonel for the 409 and 441 Tactical Fighter Squadrons at 4 Wing Airforce Base in Cold Lake, AB; a role that reflected his commitment to the relationship between the Air Force, the community and industry. Mark was also the Recipient of the Canadian Council of Aboriginal Business’ Award for Excellence in Aboriginal Relations 2024. Additional Tools & Resources: 🎓 Take my one day digital strategy training course for oil and gas: 👉 https://www.udemy.com/course/digital-oil-and-gas/?referralCode=0161D4D49AB75735A185 You might find this related article of interest! 👉 https://digitaloilgas.substack.com/p/the-epic-contest-for-tomorrows-energy-customer Connect with Me! 🖥️ Blog series: https://digitaloilgas.substack.com/ 🎧 Podcast: https://geoffreycann.com/broadcast/ 📇 Linkedin: https://www.linkedin.com/in/training-digital-oil-gas/ 🤬 X: https://twitter.com/geoffreycann Contacts for Lectures and Keynotes: I speak regularly on these and other topics. Contact me to book a brief call about your upcoming event needs. Click here 👉 https://geoffreycann.com/contact/ Disclaimer: The views expressed in this video are my own and do not constitute professional advice. Contacting the Guest: Mark Little 📧email : info@jotson.com 📇 LinkedIn: https://www.linkedin.com/in/mark-little-93b87530/ 👨💻http://www.jotson.com/…
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Digital Innovations in Oil and Gas with Geoffrey Cann
Marketplace Launched! The upstream oil and gas supply chain is about to get a much needed boost in procurement efficiency with the launch of a new e-commerce marketplace. Such marketplaces are very common in the consumer industry (Amazon being an example), but rare to non-existent in oil and gas. Despite years of investment in big enterprise systems, buyers of goods for the upstream industry still have to wrestle with supplier-specific ordering portals and search, complex and out of date company product catalogues, which hampers price discovery, procurement efficiency, and price discovery. Time-pressured oil and gas project managers just bypass the agreed procedures, and order directly using procurement cards, which erodes the value of strategic sourcing agreements. Imagine the possibilities of a marketplace specific to Canadian upstream oil and gas. Oilfield Marketplace Canada (or OFMP.ca) is a descendent of the very successful Oilfield Marketplace solution in the US but specific for the Canadian marketplace, with items that are certified for use in Canada and with Canadian prices and availability. Check out this conversation with Steve Copeland , the general manager of the new Canadian Oil Field Marketplace . Steve spent 12 years with Cameron, and later with SLB after their acquisition of Cameron in 2015. Steve is from Calgary, and had an early career in field service gradually progressing to the role of National Sales Manager at Cameron. Additional Tools & Resources: 🎓 Take my one day digital strategy training course for oil and gas: 👉 https://www.udemy.com/course/digital-oil-and-gas/?referralCode=0161D4D49AB75735A185 Connect with Me! 🖥️ Blog series: https://digitaloilgas.substack.com/ 🎧 Podcast: https://geoffreycann.com/broadcast/ 📇 Linkedin: https://www.linkedin.com/in/training-digital-oil-gas/ 🤬 X: https://twitter.com/geoffreycann Contacts for Lectures and Keynotes: I speak regularly on these and other topics. Contact me to book a brief call about your upcoming event needs. Click here 👉 https://geoffreycann.com/contact/ Disclaimer: The views expressed in this video are my own and do not constitute professional advice. Contacting the Guest Steve Copeland 📧email : SCopeland2@theofmp.com 📇 LinkedIn: https://www.linkedin.com/in/steve-copeland-5031b41b/ 📇 LinkedIn: https://www.linkedin.com/company/ofmp-canada/ 👨💻https://theofmp.ca/…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 Gas, Growth, and Green: Australia's Energy Transition Dilemma 32:38
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32:38Australia is the lucky country when it comes to energy transition. The country is blessed with ample non-renewable energy resources, including gas, coal, uranium, lithium, and oil. In addition, the country is bathed in sunshine, surrounded by coastlines and tides, and is largely empty, suitable for wind farms. The LNG sector is now incredibly important to the national economy. Australia is 20-25% of global LNG production, one of the top 3 largest producers, and operates 10 gigantic plants serving mostly Asian markets. However, the country's energy resources are struggling with energy transition challenges. The historic basins that provided the populous southeast with natural gas are drying up and the country hasn't been able to mobilise a suitable replacement. The demand for Australia's energy products is creating upward price pressure on the domestic market. The country is at risk of not growing its LNG trade past its current size. In this interview, I speak with Jody Rowe, a commercially-focused specialist who has a strategic view of the broader Australian market. Jody has worked in agriculture, mining, and oil and gas industries in roles that span commercial, contracts and procurement at a number of multinationals including Barrick Gold and Rio Tinto, in both Gold and Uranium commodities. Her work has included executive roles on one of Australia's pioneering coal seam gas to LNG projects. Additional Tools & Resources: 🎓 Take my one day digital strategy training course for oil and gas: 👉 https://www.udemy.com/course/digital-oil-and-gas/?referralCode=0161D4D49AB75735A185 You might find these related articles of interest! 👉 https://digitaloilgas.substack.com/p/is-canada-a-competitive-lng-supplier-for-europe/ 👉 https://digitaloilgas.substack.com/p/canadas-lng-projects-another-year-another-delay/ 👉 https://digitaloilgas.substack.com/p/digital-is-finally-impacting-the/ Connect with Me! 🖥️ Blog series: https://digitaloilgas.substack.com/ 🎧 Podcast: https://geoffreycann.com/broadcast/ 📇 Linkedin: https://www.linkedin.com/in/training-digital-oil-gas/ 🤬 X: https://twitter.com/geoffreycann Contacts for Lectures and Keynotes: I speak regularly on these and other topics. Contact me to book a brief call about your upcoming event needs. Click here 👉 https://geoffreycann.com/contact/ Disclaimer: The views expressed in this video are my own and do not constitute professional advice. Contacting the Guest Jody Rowe 📧email : jody@roweadvisory.com.au 📇 LinkedIn: https://www.linkedin.com/showcase/tough-talk-with-jody-rowe/ 👨💻http://www.roweadvisory.com.au/…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 How Satellites Expose Hidden Dangers 34:11
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34:11About the Episode The world of geospatial analytics is transforming how we manage industrial infrastructure. In this interview with Sean Donegan, the CEO of Satelytics, we discuss the use of satellite data to tackle major challenges like methane leaks, water contamination, and infrastructure damage with cutting-edge AI technology. The traditional methods of inspecting linear infrastructure (pipelines, roads, forestry operations, power lines) by driving around or flying are outdated, costly, and harmful to the environment. Satellite data is a modern solution to quickly and accurately detect problems before they escalate. This not only saves money and prevents environmental damage but also protects companies from regulatory and reputational risks. Algorithms look at satellite images and the sun's reflectance on various surfaces to identify and quantify issues with incredible accuracy and speed (as in 3 hour turn around). This ultra rapid detection and quantification capability allows for near immediate (same day) action, reducing potential fallout from incidents like oil spills, subsurface leaks, and vegetation encroachment. We also discuss the importance of early adoption and the transformative potential of satellite data in managing infrastructure and environmental challenges. For energy and infrastructure companies who are struggling to maintain a daily grasp on their operations and their risks, satellite data and the algorithms that interpret that data present a huge cost saving and a step change in responsiveness. Additional Tools & Resources: 🎓 Take my one day digital strategy training course for oil and gas: 👉 https://www.udemy.com/course/digital-oil-and-gas/?referralCode=0161D4D49AB75735A185 You might find these related articles of interest! 👉 https://digitaloilgas.substack.com/p/the-latest-digital-bludgeon-with/ Connect with Me! 🖥️ Blog series: https://digitaloilgas.substack.com/ 🎧 Podcast: https://geoffreycann.com/broadcast/ 📇 Linkedin: https://www.linkedin.com/in/training-digital-oil-gas/ 🤬 X: https://twitter.com/geoffreycann Contacts for Lectures and Keynotes I speak regularly on these and other topics. Contact me to book a brief call about your upcoming event needs. Click here 👉 https://geoffreycann.com/contact/ Disclaimer The views expressed in this show are my own and do not constitute professional advice. Contacting the Guest Sean Donegan 📧 email: sdonegan@satelytics.com 📺 YouTube: https://www.youtube.com/c/satelytics 📇 LinkedIn: https://www.linkedin.com/company/satelytics 😡X: https://twitter.com/satelytics 👨💻 https://www.satelytics.com/ 📺 Vimeo: https://vimeo.com/satelytics…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 Winning Your Pipeline Tariff Negotiations with Regulatory Analytics 32:26
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32:26In this interview with David Khani, we discuss pipeline tariff negotiations and how regulatory analytics can help shippers win big. Policies such as the Inflation Reduction Act are reshaping energy infrastructure, along with global events, such as the Ukrainian conflict. Natural gas market dynamics are changing rapidly, and systemically. Dave and EQT leaned heavily on Arbo to help with complex negotiations and understanding the growing demand for natural gas. Dave also covers how the Federal Energy Regulatory Commission (FERC) regulations influence pipeline operations. Another key factor is decarbonization, which has an impact on pipeline throughput. Companies like EQT Corporation navigate tariff increases and negotiations with shippers, with outside specialized help. The future of energy includes coal and nuclear power within our evolving energy mix, and to succeed, companies have an indispensable need for data science in regulatory negotiations. Understanding these dynamics is crucial for anyone involved or interested in the energy industry. Listen to the end to stay informed about the shifts shaping our energy future. About Dave: Until recently, Dave was the CFO at EQT Corporation, a big US independent gas producer. Prior to joining EQT Corp., Dave served as the Executive Vice President and Chief Financial Officer of CONSOL Energy and as CFO and as a board member of its affiliates, including CNX Midstream Partners LLC and a joint venture with Noble Energy. Dave developed a deep understanding of the commodity markets through almost 2 decades as a financial analyst on Wall Street. He holds a B.A. in biological sciences from State University of New York—Binghamton and an M.B.A. in corporate accounting and finance from the University of Rochester and has been a chartered financial analyst (CFA) for 25 years.…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 Where Are Oil and Gas Prices Going in 2024, with Andrew Botterill 30:36
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30:36Where are oil and gas prices going, and why. That’s the focus of this wide-ranging interview I had with Andrew Botterill, head of Deloitte’s chemicals and oil and gas industry vertical. Deloitte produces a regular price forecast for oil and gas, and we provide the context, covering the turmoil and volatility in global markets, heavily influenced by geopolitical conflicts and policy shifts. We touch on the adoption of sustainable practices, including hydrogen and sustainable aviation fuels. Policy moves, such as the Inflation Reduction Act, create both challenges and opportunities in the U.S., but with ramifications globally, particularly from major consuming geographies, incuding the EU and Asia. We also discuss the future of energy demand in growth economies like India and continental Africa, highlighting the complex relationship between advancing technology and addressing energy poverty. Digital technology plays a key role in enhancing cost efficiency, resilience, and safety within the industry, setting the stage for a more sustainable and flexible energy landscape. Additional Tools & Resources: 🎬 Go behind the scenes of my studio to see how it works: 👉 https://geoffreycann.com/resources/ 🎓 Take my one day digital strategy training course for oil and gas: 👉 https://www.udemy.com/course/digital-oil-and-gas/?referralCode=0161D4D49AB75735A185 You might find this related article of interest! 👉 https://digitaloilgas.substack.com/p/my-digital-oil-and-gas-outlook-for Connect with Me! 🖥️ Blog series: https://digitaloilgas.substack.com/ 🎧 Podcast: https://geoffreycann.com/broadcast/ 📇 Linkedin: https://www.linkedin.com/in/training-digital-oil-gas/ 🤬 X: https://twitter.com/geoffreycann Contacts for Lectures and Keynotes: I speak regularly on these and other topics. Contact me to book a brief call about your upcoming event needs. Click here 👉 https://geoffreycann.com/contact/ Disclaimer: The views expressed in this video are those of the speakers and do not constitute professional advice. Contacting the Guest Andrew Botterill 📧email : abotterill@deloitte.ca…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 How AI Tools Capture Hidden Regulatory Value 13:13
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13:13AI innovations are helping transform regulatory processes by providing access to data that has been beyond analytical reach. AI tools such as ChatGPT, Bard, and CoPilot are revolutionizing how energy firms and professionals tackle complex regulatory data, especially in sectors like energy infrastructure. These generative AI tools ingest the huge volume of documents and commentary associated with energy infrastructure submissions to regulators (briefs, complaints, dockets, applications), providing fresh insight into what makes for a successful application, and why some fail to gain acceptance. These tools also transform the way experts prepare regulatory documents, analyze dynamic regulatory environments, and address energy transition policies like those outlined in the Inflation Reduction Act. In this podcast, I help you understand the business value from AI gained from analyzing regulatory content and creating new, efficient pathways for submissions and compliance. If you're an energy industry professional, regulator, or advocate interested in understanding how AI can be used in regulatory areas, this podcast will be very helpful. Additional Tools & Resources: 🎬 Check out my studio and how it works 👉 https://geoffreycann.com/resources/ 🎓 Take my one day digital strategy training course for oil and gas: 👉 https://www.udemy.com/course/digital-oil-and-gas/?referralCode=0161D4D49AB75735A185 You might find my various articles on AI of interest! 👉 https://digitaloilgas.substack.com/p/how-to-successfully-introduce-ai-into-oil-and-gas 👉 https://digitaloilgas.substack.com/p/oil-and-gas-wises-up-to-artificial-intelligence 👉 https://digitaloilgas.substack.com/p/learning-to-live-with-generative Connect with Me 🖥️ Blog series: https://digitaloilgas.substack.com/ 🎧 Podcast: https://geoffreycann.com/broadcast/ 📇 Linkedin: https://www.linkedin.com/in/training-digital-oil-gas/ 🤬 X: https://twitter.com/geoffreycann Contact for Lectures and Keynotes: I speak regularly on these and other topics. Contact me to book a brief call about your upcoming event needs. Click here 👉 https://geoffreycann.com/contact/ Disclaimer: The views expressed in this podcast are my own and do not constitute professional advice. Download the Transcript! Want the actual script that this podcast is based on? You can download the transcript for this podcast here: 👉 https://digitaloilgas.substack.com/p/how-ai-tools-help-capture-hidden…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 A New Vision for the Oil and Gas Supply Chain 33:10
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33:10In the US lower 48 states, between $200 billion and $400 billion are spent in the supply chain every year and are still run with practices designed decades ago. The energy sector's supply chain is broken and needs a new vision to take it to the next level. In this interview podcast with Joshua Trott from WorkRise, we’ll look at the outdated practices of supply chain management in oil and gas, explaining why many projects go over budget and schedule. Josh is the Chief Revenue Officer of WorkRise, an industry-leading labor business and a leading supply chain platform used by many of the biggest energy companies in the world. WorkRise's innovative solution is aimed at completely overhauling the industry’s supply chain model rather than just tinkering with point solutions or with narrow scope. This concept emphasizes the power of data-driven decisions and efficiency to revolutionize project management and execution. We uncover the major issues impacting the current supply chain system, and how WorkRise plans to mitigate these challenges by putting in place a streamlined, cost-effective approach to project lifecycles. Modern technology and methods play a huge role in helping overcoming the obstacles in the industry. If you are responsible for overseeing end to end operations of an oil and gas company, you have the potential to capture very significant benefits through a rethink of your supply chain management. Josh is a lifelong soccer player and fan, he lives in Austin, Texas. Additional Tools & Resources: 🎓 Take my one day digital strategy training course for oil and gas: 👉 https://www.udemy.com/course/digital-oil-and-gas/?referralCode=0161D4D49AB75735A185 Connect with Me! 🖥️ Blog series: https://digitaloilgas.substack.com/ 🎧 Podcast: https://geoffreycann.com/broadcast/ 📇 Linkedin: https://www.linkedin.com/in/training-digital-oil-gas/ 🤬 X: https://twitter.com/geoffreycann Contacts for Lectures and Keynotes: I speak regularly on these and other topics. Contact me to book a brief call about your upcoming event needs. Click here 👉 https://geoffreycann.com/contact/ Disclaimer: The views expressed in this video are my own and do not constitute professional advice. Contacting the Guest Joshua Trott 📧email : joshua.trott@workrise.com 📇 LinkedIn: https://www.linkedin.com/in/joshuatrott/ 📇 LinkedIn biz: https://www.linkedin.com/company/workrise/ 👨💻website: www.workrise.com…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 Four Supply and Demand Imbalances That Foreshadow Energy Risk 12:03
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12:03Business risks and opportunities surface whenever supply and demand go wildly out of balance. Energy transition is creating supply and demand imbalances in many ways. For example, the supply of clean energy infrastructure is lagging demand because of slow permitting processes. Sellers gain because the price point for green energy will rise to meet the demand. Buyers risk being unable to purchase green energy after they have committed to do so, or paying a much higher price. In this solo narration podcast I describe four looming supply and demand imbalances, why they are happening, the impacts they'll have, and what you can do to either manage the risk or take advantage and profit. The four are: Slow pace of permitting delays the supply of transmission infrastructure. Supply of oil tankers lags demand, causes prices to rise for shipping oil Mergers in oil and gas create a surplus of oil and gas professionals looking for work. Demand for commodities for clean energy outstrip supply, making clean energy projects uneconomic. If you work in energy this episode is for you. You can find the transcript on my weekly substack, ' Digital Oil and Gas '. Please hit the share button or leave a comment if you find this episode helpful. Contact me at geoff@geoffreycann.com…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 How To Keep Your Digital Oil and Gas Job 13:16
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13:16If you’re working on a digital innovation when your oil and gas company has been acquired, you’re at risk, and you need a plan. I once worked on a major merger to create Canada's largest oil company, and I know how these mergers go down, and you don't want to be a victim. In this solo narration podcast I describe why mergers are happening now and why they'll continue, how to tell if you're at risk, and what you should do if you are working on a digital innovation as part of your job. If you're an engineer, IT, or digital professional working in oil and gas, this episode is for you. You can find the transcript on my weekly substack, ' Digital Oil and Gas '. Please hit the share button or leave a comment if you find this episode helpful. Visit ' Engineer Career Pivot ' for insight into transitioning your oil and gas career into new energy fields. Contact me at geoff@geoffreycann.com…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 How Digital Twin Technology Is Evolving to Full Interoperability 30:58
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30:58Digital twin solutions are rapidly advancing to a point where the model will be running tightly coupled with the actual asset it models, using live data. It’s not a stretch to see how the digital twin can become the day-to-day supervisor of the actual asset. This kind of work even applies to brownfield assets that predate the internet, mobility, cloud computing, and other modern inventions. Connect with the Guest: 👉 David Reinhart : https://www.linkedin.com/in/davidreinhart/ 👉 Visionaize: https://www.linkedin.com/company/visionaize/ You might find my previous articles on digital twin of interest! 👉 Digital Twin is More than a Clone: https://digitaloilgas.substack.com/p/a-digital-twin-is-more-than-just-a-clone 👉 Evolution of Digital Twin Technology in Energy: https://digitaloilgas.substack.com/p/evolution-of-digital-twin-technology-in-energy Connect with Me: 🖥️ Blog series: https://digitaloilgas.substack.com/ 📇 Linkedin: https://www.linkedin.com/in/training-digital-oil-gas/ 🤬 X: https://twitter.com/geoffreycann Contact for Lectures and Keynotes: I speak regularly on these and other topics. Contact me to book a brief call about your upcoming event needs. Click here 👉 https://geoffreycann.com/contact/ Disclaimer: The views expressed in this video are my own and do not constitute professional advice.…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 Top 4 Digital Oil and Gas Projections for 2024 13:32
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13:32Every year at this time I put forth my outlook for the coming year, with a focus on the digital trends that I believe will have the greatest impact on the fortunes of the industry. These are not so much as predictions, as they are speculations on the trends that I see marching along, and how those trend lines will play out over the next 12 months or so. If you’re working in industry, you might keep these in mind as you consider your projects and investments in the coming year. If you are in technology, you might want to reflect on strategies to pursue that will accelerate your success or help you avoid some of the problems that I foresee. Timestamps: 0:10 - Introduction 1:04 - Short Term Issues - inflation, emissions, markets, capital 2:54 - Longer Stride Challenges - energy transition, assets, talent, M&A 5:18 - Artificial Intelligence Tools 7:14 - Digital Twin Technology 9:05 - Mobility and networks 10:46 - Data 12:06 - Conclusions Additional Tools & Resources: 🎓 Take my one day digital strategy training course for oil and gas: 👉 https://www.udemy.com/course/digital-oil-and-gas/?referralCode=0161D4D49AB75735A185 You might find my previous annual predictions articles of interest! 👉 2023 (part 1) https://open.substack.com/pub/digitaloilgas/p/the-trends-to-watch-in-2023-and-beyond-part-1 👉 2023 (part 2) https://open.substack.com/pub/digitaloilgas/p/what-are-the-relevant-macro-trends-for-2023-and-why-part-2 👉 2022 https://open.substack.com/pub/digitaloilgas/p/digital-oil-and-gas-trends-for-2022 Connect with Me: 🖥️ Blog series: https://digitaloilgas.substack.com/ 🎧 Podcast: https://geoffreycann.com/broadcast/ 📇 Linkedin: https://www.linkedin.com/in/training-digital-oil-gas/ 🤬 X: https://twitter.com/geoffreycann Contact for Lectures and Keynotes: I speak regularly on these and other topics. Contact me to book a brief call about your upcoming event needs. Click here 👉 https://geoffreycann.com/contact/ Disclaimer: The views expressed in this video are my own and do not constitute professional advice. Download the Transcript! Want the actual script that this podcast is based on? You can download the transcript for this podcast here: 👉 https://open.substack.com/pub/digitaloilgas/p/my-digital-oil-and-gas-outlook-for…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 Ammar Sabbagh on Private 5G Networks 36:29
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36:29"First thing you need to connect the assets first and get the data. So that's we call it like static digital twin, and then you can use it for simulation. Then you move to the second version, which having like a shadow, digital twin, which you have an image of what's happening, but you can monitor. But the truly digital twin is monitor and control." In this episode, I’m in conversation with Ammar Sabbagh who is the Vice President Industry and Partnership for Private Networks for Oil and Gas at Ericsson. 5G networks are a huge step forward for telecommunications, offering a step change performance boost over 4G. If you want to run an industrial-grade, resilient, and secure network for your digital devices, you need to be on 5G. Here are some of the key questions addressed in the episode: What is 5G, and why is it better than 4G? What is a private network? What kinds of problems does a private network solve? What kinds of innovations are enabled by 5G? What are some of the use cases that 5G unlocks? How do you deliver 5G networks where there are no towers? Ammar Sabbagh is a technology professional specializing in 5G private cellular networks, cloud, decentralized cloud, and IOT solutions for business and industry. Currently, Ammar serves as vice president of industry & partnership at Ericsson for energy and ports, where he leads business development and global partners management. Ammar holds a BS in Electrical Engineering from Portland State University and an MBA in Management, and has completed various executive leadership training courses, including Design Thinking for Innovation from the London Business School. AMMAR's QUOTABLE QUOTES With 4g, you're getting 100 megabits per second. With 5G you are getting one gigabit per second and even 20 gigabits pers second planned for next year or after. So 20 gig per user device. A single 5G radio station can connect over a million connected devices at one radio station. With WiFi 6, you can stream one gig, but the reliability of the Wi Fi is a concern, because Wi FI struggles to penetrate metallic structure [common] in the industry, for indoor. You can trust 5G for robotics, for autonomous gantry vehicles, for assets moving. With 5G we are not planning to replace any [SCADA] wiring. 5G [latency] operation, we are talking about 20 millisecond max. We are dropping it to one millisecond in the next version updates… But the requirements from our Oceaneering partner is only 100 millisecond. The first question we ask what are the use cases or application you want to use? And then it's a journey. It's like you start today with one thing, and later, you move to other applications as needed. If you have a worker with a mobile phone or connected, you know, worker, you will know exactly where they are. And you can communicate with them and support them during that session. We like to call it dynamic digital twin. We believe the 5g will be you know, hugely valuable, because you don't want to run all these cables connecting all these sensors to the main data center, you're just wirelessly spread them. And they're connected, and sit and analyze and collect all the data and take actions from there. Wind turbines are virtually autonomous. I mean, we connect them with cellular network, we have several references. With a cellular network, they connect the operator connect cameras and control functionality. And they remotely see what's happening on the outside and inside and adjust accordingly. first thing you need to connect the assets first and get the data. So that's we call it like static digital twin, and then you can use it for simulation. Then you move to the second version, which having like a shadow, digital twin, which you have an image of what's happening, but you can monitor. But the truly digital twin is monitor and control CONTACTING AMMAR ammar.sabbagh@ericsson.com…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 Pacesetters Run on Private 5G Networks. You Should Too 14:22
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14:22To break free of the limitations of yesterday’s technologies, the oil and gas industry is accelerating its adoption of private 5G networks. Some time ago, I helped an oil field logistics company respond to customer feedback that its services were “in the Stone Age”. Its systems were entirely manual, inaccurate, slow, and error prone. Virtually every invoice was disputed, causing cash flow problems. Worse, its multi-year contracts were coming up for renegotiation, and there was a real risk that the contracts would not be renewed, stranding an enormous fleet of 750 vehicles. We decided to create a fundamentally new business model that would upend the prevailing customer service standards in the industry, dramatically improve the utilization of the fleet of assets, staff, and facilities, and transform for the better its overall competitive position. Market-leading companies in oil and gas recognize that the status quo industrial network (SCADA) and public networks are simply not fit for the purposes of responding to the pressures. Private 5G networks offer a highly appealing alternative. As private networks, they eliminate the problem of contention for third party access or bandwidth. Solutions are free to run as designed delivering continuous near real time service. 5G networks run at much lower levels of latency compared to other network technologies such as 4G, and private 5G networks lower the latency further. Private 5G networks offer dramatically improved bandwidth compared to 4G, operating at gigabits per second, versus megabits per second. Private networks are far more secure as network access is under much tighter control. 5G networks can be deployed far more quickly than wired networks, and offer improved future-proofing for assets intended to run for years.…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 Clark Lai on How Generative AI is Transforming Oil and Gas 36:06
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36:06"We really kind of focus on the data and analytics side, really helping identify challenges where innovative data solutions, machine learning and AI technologies can be leveraged to drive more data driven insights." In this episode, I’m in conversation with Clark Lai, the CEO of Motiv Innovation Group. Clark’s team helps businesses apply data analytics, machine learning and AI tools to some of their more intractable problems. A great example is letting generative AI models feast on proprietary company data, such as engineering content, and using those models to create first drafts of new engineered assets. They won’t be perfect, but the speed to get to an editable first draft is the real prize. "Our client is able to simply search through unstructured text and the AI will be able to retrieve and reference the associated documents within their workspace." Clark Lai is the CEO of Motiv Innovation Group—an internationally recognized, award-winning digital innovation and venture building company. Since 2013, Clark has led the strategic vision, execution, and expansion of various business units within Motiv. Under his leadership, Motiv has helped its clients and partners increase shareholder value by over $2 billion. "Now that you have your documents embedded within this AI model, using generative AI, you can now generate net new content and net new value as a result." With a commitment to excellence, Motiv has been honoured with several prestigious accolades, including The Webby Awards, W3 Awards, German Design Awards, and Ember Awards. He has over 16 years of software development experience in full-stack development, system architecture, cloud computing, data science, and machine learning. Clark has also successfully launched multiple ventures across a range of verticals, including advertising and PPC, health and wellness, data analytics, e-commerce and social commerce, professional services, and AI. "We are solving the challenges for our team that actually matter. Rather than just building the next shiny toy." USEFUL LINKS LinkedIn profiles (personal, business): Personal: https://www.linkedin.com/in/clarklai/ Business: https://www.linkedin.com/company/motivdigital Website: https://motiv.digital/…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 Howard Crosby on Applying New Tricks to Old Dogs to Discover Oil 34:10
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34:10"There's been a real reluctance on the part of operators to jump back in to some of these higher-cost opportunities. That's further constraining exploration and development of supply." In this episode, I’m in conversation with Howard Crosby, the Founder and CEO of LGX Energy Corporation. Howard and a partner acquired an oil company in Indiana and the acquisition included some 400 miles of 2D seismic data that had been shot some 15 years earlier, but never processed. By putting this old data through new tools, LGX was able to reveal oil plays that had been overlooked. The team then shot the highly prospective locations with 3D, which helped pinpoint more precise drilling locations. What was thought to be 15 possibilities turned into 50+. "Instead of stringing wires across farmer's cornfields to set up the geophones prior to making the recording, they’re using wireless geophones that don't need to be strung together with the wire." Howard Crosby is the Founder and Chief Executive of LGX Energy Corporation. Howard was raised in the Pacific Northwest, and is a successful entrepreneur who has founded several companies over the years. With his background in finance and natural resources, Howard has over 40 years working with mining, gas and oil developments. "You look at the Lima Peru field where [Rockefeller] had the first 100 million barrel field in Allen County, Indiana. They recovered over 100 million barrels, but they estimate, because of poor technology in the 1890s and early 1900s, they left 100 million barrels behind, stranded." USEFUL LINKS LinkedIn profiles (personal, business): Personal: https://www.linkedin.com/in/howard-crosby/ Facebook pages: https://www.facebook.com/lgxenergycorp/ Website: https://www.lgxenergycorp.com/…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 Dispatch This Halloween’s Digital Demons 11:39
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11:39Halloween. A gory and ghastly night of ghouls, ghosts, and goblins. And as with previous years marking All Souls, I reflect on the latest digital demons molesting the oil and gas industry, how best to exorcise them, and how to speedily return them to the land of the undead. When you open the front door to this season’s mob of treat-hunting ghouls, just remember that your work world is not only facing its own cyber spooks at the gate. There’s a better than even chance that you have more than one zombie system staggering around, AI Apparitions secretly messing up your performance system, and a cloud vampire sharpening its fangs. Good luck.…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 Making Legacy Engineering Data Sweat 12:04
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12:04A pioneering application of artificial intelligence at Woodside Energy is finally ready for wider deployment in oil and gas. I learned about this use case back in 2016, at APPEA’s annual conference in Perth, where Woodside’s data science team presented their work. Surprisingly, few companies bothered to replicate this innovation, even though it was both proven and easy to execute. Many oil and gas facilities have been in production for decades, and want to be in production for decades more. Not only do these assets handily outlast their designers, but they’re now outlasting their maintenance engineering staff, operations, logistics managers, and key suppliers. In short, the complete original workforce. But the oil and gas industry has long relied on the memory of its people to recall critical information about its assets, information beyond the kinds of data easily found in modern systems. Answers to questions like “why did we design it this way”, and “have we encountered this problem before” depend on the memories of workers. Oil and gas companies cannot reliably use ChatGPT, as it was trained on the whole of the internet, and is a mix of fact and fiction, science and religion, truth and lies, and faulty logic. However, training a private version of ChatGPT unlocks a huge use case that was proven many years ago.…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 John McDougall on Accelerating Carbon Cycles Using Synthetic Biology 35:39
35:39
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35:39"Aviation fuel because it is a big amount of emissions, roughly 2% in actual measurement, but about three and a half percent in terms of impact. It's not likely to change because you need high density fuels, so batteries aren't going to work for long haul flights. And 90% of aviation is long haul flights." In this episode, I’m in conversation with John McDougall, who is the CEO and founder of SynBioBlox Innovations, a company seeking to solve the global emissions problem by applying synthetic biology to the creation of sustainable aviation fuel. Imagine the ability to design, test, and then build, at scale, a biological microorganism that ingests a given feedstock and produces, at scale, a valuable compound. That’s the promise of SynBioBlox. "The GHG that's being emitted and being thrown away essentially, is the opportunity to create value by turning it into products." John McDougall is the founder and CEO of SynBioBlox Innovations Ltd. A fourth generation Albertan, he spent two decades as President of the Alberta and National Research Councils following leadership positions in real estate, engineering consulting, manufacturing, oil and gas and technology businesses. He is a former Chair of APEGA and Engineers Canada, the Edmonton Chamber of Commerce, and many other social and not-for-profit organizations. "Rather than waiting for them to evolve on a hit or miss basis, with the tools that exist today, we can actually explicitly design them and make them." He has been an appointed member on numerous agencies and advisory committees related to trade, education, innovation, engineering, economic development and employment at the local, provincial, federal and international level. The recipient of numerous awards and recognitions, he continues to support the community with his time and resources in education, voluntary and not-for profit agencies, advisory and philanthropic roles. "If you really want to make a difference in greenhouse gases, if you're not looking at things that are a billion tons a year or more, you're not going to make a difference." USEFUL LINKS LinkedIn profiles (personal, business): Personal: https://www.linkedin.com/in/john-mcdougall-049280124 Business: https://www.linkedin.com/company/synbioblox Website: https://www.synbioblox.com/…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 Meet The Digital Doubters Head On 11:54
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11:54If you want to be a successful digital leader, you need to be able to sell your ideas to a reluctant oil and gas buyer. Selling is so innately human we don’t even know when we’re selling or being sold. Have you ever been to a restaurant and found yourself ordering something you would usually not ever have at home, like some decadent dessert? The end of the main meal arrives and the server kindly brings you a fresh menu already open to the dessert page. They innocently ask “can I tempt you with some freshly brewed coffee?” Next thing you know you’re scarfing 2000 calories of cheesecake drizzled with butterscotch sauce. You were sold. Selling your digital ideas to a manager in oil and gas is more complicated. Virtually everyone in oil and gas start out as digital doubters. This is a structural feature of the industry, part of the culture, linked to its safety and process adherence needs, and rooted in how the industry trains its people to manage risk. Here’s some tactics to consider.…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 Wendy Hamelin on Code Control and The Risks of Digital Adoption 32:45
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32:45"Turnover and mergers are one of the biggest disruptions in companies. So when you have that factored in, if you have someone who leaves the company, then everything that they've ever done, that human brain of knowledge as well and experience within that company is gone." In this episode, I’m in conversation with Wendy Hamelin, the CEO of Astraea Energy, an advisory firm in the area of high performance organizations. Wendy notes how there is a significant loss of organizational know how when we adopt new technologies that displace human capability (think of how the lowly calculator has eroded our ability to do math by hand). Extend this to an organization scale, as we are now doing with tools like AI, and our organizations are at some risk. "I use an iPhone, for example, an iPhone is the actual device itself. And then we add our apps to our device. So the hierarchy of information and device software, if we add a hack, or add a hacked app to our iPhone, then that violates the entire phone." Wendy Hamelin is the President and CEO of Astraea Energy, an advisory firm founded in 2014 to provide consulting and advisory service to oil and energy projects in Northern Alberta. Wendy provides safety training and performance improvement consulting services. "If we're onboarding a contractor, we need to remember to off board every single part of that contractor when they're completed." USEFUL LINKS LinkedIn profiles (personal, business): Personal: https://www.linkedin.com/in/wendyhamelin Business: https://www.linkedin.com/company/astraea-energy-inc/ Facebook pages: https://www.facebook.com/astraeaenergy Website: http://www.astraeaenergy.com/…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 Corinna Frye on Talent Transitions for Energy Professionals 34:28
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34:28"Those who are working in any energy sector right now are best place to be working in that sector in another 10 years, even if it's going to be on a different technology." In this episode, I’m in conversation with Corinna Frye, who is the National Head of Renewable Energy and Clean Technology, with LVI Associates. As a recruiter focused on the energy industry, Corinna has seen first hand the demand pull from the energy industry for talent, and the best positioned to satisfy that demand are professionals already working in energy. However, it takes foresight to see the opportunity, and not all professionals anticipate the coming changes to the talent landscape. "Clean energy is employing over 40% of all energy workers in America at this stage." Corinna Frye is the National Head of Renewable Energy and Clean Technology, LVI Associates, a Phaidon International brand in Boston, Massachusetts, US. "We're going to end up pulling from the traditional oil and gas backgrounds, because there aren't huge numbers of people with an anaerobic digestion background specific to biogas here yet." USEFUL LINKS LinkedIn profiles (personal, business): Personal: https://www.linkedin.com/in/corinna-frye-5b577858/ Business: https://www.linkedin.com/company/lviassociates/ Twitter handles: @PhaidonIntl @lviassociates Website: https://www.lviassociates.com/…
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Digital Innovations in Oil and Gas with Geoffrey Cann
Canada’s largest private oil company, and operator of the largest oil refinery, is carrying out a strategic review , which includes the possible sale of the company. Why would they do this? I grew up in Saint John, and had the privilege to work at this company for a few years. My extended family members who still live and work in the area, have reached out to me for a perspective. They are naturally concerned about what the sale of the largest business in town means for their future. Setting aside any private reasons that the family might want to sell out (from the complexities of intergenerational wealth transfer to family taxation strategies), the most important reasons involve upcoming market changes. My advice: keep calm and carry on refining.…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 Insights From The World Petroleum Congress 12:56
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12:56In case you missed it, WPC24 took place recently in Calgary, Alberta, for the second time in its history. WPC itself was established way back in the 1930s as a forum for the global industry to discuss common themes on a triennial basis. As a global event, it attracts an audience from around the planet.. The voices discussing the global energy industry’s challenges included the Energy Minister from Saudi Arabia, and the CEOs of Saudi Aramco, ExxonMobil, Repsol, WestJet, Accenture, Pertamina, KNOC, Kuwait Petroleum Corp, ONGC, NNPC (Nigeria), NOCK (Kenya), Oil India, and managing directors, presidents, vice presidents, and board chairs from Cenovus, Petronas, Petrobras, Petronet, Suncor, Deloitte, Brookfield, Platts, S&P, Shell, and many others. You never know who you’ll meet at such a gathering. As I ascended the escalator to the event floor for the opening ceremonies, I found myself standing beside a trade ambassador from Libya, who shared some personal details of the immense tragedy stemming from the floods from his country. My fellow panelists hailed from Calgary , Houston , and Saudi Arabia . I have a collection of business cards from Tema (Ghana), St. John’s, Midland (Texas), Bogotá (Colombia), Pittsburgh, Berlin, Washington, and Uruguay. Under the broad theme ‘path to net zero’, the range of topics under discussion were in equal parts bracing and confronting, taking in supply and demand, energy transition, decarbonization, industry growth and/or decline, financing strategies, infrastructure challenges, energy security, hydrogen developments, carbon capture and storage, net zero pathways, indigenous engagement, and talent issues. It is impossible for one person to summarize the conference because there are multiple parallel tracks, a full poster and paper show, and dozens of talks and panel discussions. You simply can’t take it all in. Then again, you can always form a point of view based on the dialogue you did take in, so here’s mine.…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 The Rise of Responsibly Sourced Gas 23:07
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23:07Markets are starting to show interest in commodity products that are produced more responsibly, notably natural gas. The key is to be able to prove it, and that requires some changes. Customers and markets are starting to demand evidence that energy products such as natural gas are making a positive contribution to buyers’ emission reduction goals. Responsibly sourced gas will experience demand growth, rewarding gas producers for their efforts at reducing emissions in the industry. Digital innovations have unlocked many businesses’ ability to offer variations of tracking and tracing services. Tracking is by far the easier of the two, and Apple, as one example, has created its AirTag product to exploit this opportunity. AirTags connect up with passing iPhones and relay their coordinates via the cloud to the AirTag owner, pinpointing the tag’s location. Tracing is decidedly more difficult as it requires a date, time, and location log of the events, changes of state, and changes in ownership of the item that is being traced. There are few examples of full item tracing in industry for this reason. Tracing is doubly hard for commodities that are fungible (how dto you tell one organic tomato from another), or blended with other similar products (such as green energy). Tracing of energy is coming to the commodity industry as market participants express greater interest in energy provenance.…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 Digital Transformation on the Route to Net Zero 13:31
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13:31Companies working in the energy sector are now prosecuting their own self-defined pathways to achieve carbon zero or carbon neutral business profiles. Digital innovations play a key role. As part of the World Petroleum Congress , September 17-21, 2023 in Calgary, I was on a panel discussion to discuss digital transformation on the route to Net Zero. By now, hopefully, all energy companies will have defined their own pathways to zero carbon (either absolute or net). Our goal on the panel discussion is to peel this problem apart, layer by layer. It’s great that digital innovation is a topic at this event, a once-in-three years affair. The panel agreed that there is some consensus on the need to address climate change at an industrial level, and that the question is no longer “should we”, but “how should we”. The panel discussed the following: The drivers of change that provide the shape and contours of the net zero journey. The various pathways to net zero that could be pursued by the various players in the oil and gas value chain. The digital building blocks that the petroleum industry will leverage to achieve net zero. The panel hopes to reveal the outlines of how digital enables transparent, auditable and cost-effective carbon emission reduction strategies for petroleum companies. This will not be easy.…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 Sculpting the Energy Worker of the Future 13:37
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13:37The energy worker of the future will require a different set of personal attributes than those normally selected for today. Energy companies may well find these attributes in short supply. One of my more interesting roles is the occasional advisory work for educational institutions on the skills requirements for the energy worker of the future. Since I research and write about energy topics, including energy futures, I do have an opinion on the likely skills, particularly those in the digital area. Now energy systems are entering a phase of high uncertainty. Major questions abound on the eventual scale of various energy products, such as the various shades of hydrogen, nuclear energy, battery and energy storage technologies, fusion, fossil fuels, the renewables, geothermal, tidal, and many others. Loyalty seems rather a quaint notion in an aggressive merger and acquisition world. Most schools lack the capacity to place risky bets on possible energy futures that might not play out, and so seek lots of input before making commitments to new educational directions. Digital innovations are evolving even faster. Recently I participated in a working session at SAIT on these questions, and this episode sets out some of the findings.…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 Oleksiy Golovchenko on the lessons learned from building a state of the art emissions inventory management system 32:36
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32:36"Emissions combine all of the activities a company has. It's the tailpipe of the company, but it entails all of the activities that company undertakes." In this episode, I’m in conversation with Oleksiy Golovchenko who is a Senior specialist, EHS Data and Analytics with Ovintiv, a large North American oil and gas producer. Oleksiy has been part of a team delivering a real time emissions inventory management system at a highly granular level of detail across the full measure of the company. This is a hard problem to solve, and a lot of companies will want to simply buy such a solution. But Oleksiy discusses why there are no out of the box solutions in this field, that it requires a committed team and organization, and coding skills (not computer scientists) are needed. "There's no such thing as an out of the box Emission Inventory Management System. And the reason for that is that it needs to be configured to company individual requirements, business processes that you have." Oleksiy Golovchenko is a Senior specialist, Environment Health & Safety Data and Analytics with Ovintiv. He began his career working in environmental labs where he performed a range of chemical analyses for various media, including air, water, and soil. From there, he joined NOVA Chemicals, working variously in Catalysts, Polymers, and Petrochemicals, earning co-authorship on several patents. At Ovintiv, he deploys automation to minimize regulatory compliance, sustainability, ESG and safety risks, turning data into actionable insights and creating disruptive innovation. Oleksiy holds a Bachelor of Science in Chemistry from Simon Fraser University (SFU), a Master of Science in Sustainable Energy Development (SEDV) from the University of Calgary (U of C), and an MBA from the Jack Welch Management Institute. "Excel doesn't have the capabilities to handle the sheer amount of data, let alone have the functionality to do things you need to do. And let alone think about doing it all in real time, from a variety of data sources." USEFUL LINKS LinkedIn profiles (personal, business): Personal: https://www.linkedin.com/in/oleksiygolovchenko/ Business: https://www.linkedin.com/company/ovintiv/ Website: https://www.ovintiv.com/https://www.ovintiv.com/https://www.ovintiv.com/…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 Four Unexplained Things About Energy Transition 13:43
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13:43For all the talk about energy transition, many aspects about transition remain unexplained. I’m in the midst of a home renovation. The renovation should allow the house last another 20-30 years with minimal upkeep, and may well be our final home as we embrace the ideal to age-in-place. The renovations are extensive—walls are being opened up for the first time in 30 years, the flooring is being upgraded, and we’ve had to move out for the four months it will take to carry out. What’s remarkable is that it falls entirely to me to take the initiative on all new energy ideas for the house. I would have thought that the instant I surface at the local planning office to secure a building permit, someone with knowledge about the national agenda for energy transition would be chasing me to encourage me to do the right thing, and embrace these (and likely other) innovations. Instead, it’s been crickets. In the meantime, I’m curious how many other aspects of modern life are going to cope with the transition. Here are four that puzzle me about how transition will work.…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 Tom Sharp and Justin Carlson on the Permitting Challenges for New Infrastructure (Part 2) 34:56
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34:56"I'm also a very strong advocate personally of a sort of an all in approach, meaning we aren't going to solve this with one magic silver bullet, right? If that doesn't exist, we need to develop these things over time." This is part two of a two part podcast recording with Tom Sharp, the Director of Permitting Intelligence with Arbo, and Justin Carlson, founder and Chief Commercial Officer of East Daley Analytics on the issues and challenges facing energy infrastructure projects, and some of the solutions. "Where we've arrived is a place where agencies are getting sued so much, that the process is getting dragged out and the cost of delays is used to halt projects, regardless of whether or not this is a project for traditional energy or renewables." Tom Sharp is a thought leader on infrastructure permitting and an expert in environmental and energy law and policy. His unique perspective is informed by 12 years of federal experience, most recently as Director for Permitting Excellence at the Federal Permitting Improvement Steering Council (FPISC), and by positions at the White House Council on Environmental Quality (CEQ) including Deputy Director for NEPA, attorney in the Office of the General Council, and Senior Advisor for Infrastructure. Tom also worked for 9 years as an attorney at FERC specializing in natural gas pipeline certificates and hydropower licenses. He graduated with a Certificate in Environmental Law from the Tulane University Law School and enjoys teaching law classes focused on NEPA and permitting reform. "If there's a transmission line that's being built from one state to another, crossing four different states, and those states in the middle aren't necessarily getting benefit from that, you're going to probably see increased opposition there." Justin Carlson is the Co-Founder and Chief Commercial Officer of East Daley Analytics. With a passion for strategy and deep expertise in oil and gas market supply and demand, Justin co-founded East Daley Analytics to creatively transform data and information into market moving knowledge and wisdom to drive client success. He has also authored articles on the energy financial markets for Forbes, Oil and Gas Journal, and Seeking Alpha. Justin has a BS in Mechanical Engineering and an MS in Engineering Management from the Colorado School of Mines. "You've got all this data that you've actually got to normalize, bring together and that's what really slows the process down. It's not all unified. It is very independent and a bit disorganized and you're not always sure what to trust." USEFUL LINKS LinkedIn profiles (personal, business): https://www.linkedin.com/in/justin-carlson-b8033b5/ https://www.linkedin.com/in/thomaslsharp/ https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7075561315259338752 Website: http://www.goarbo.com/ https://www.eastdaley.com/…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 Tom Sharp and Justin Carlson on the Permitting Challenges for New Infrastructure (Part 1) 30:33
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30:33"There's a lot of different things that are plaguing infrastructure developers or have been for a long time, and they're all sort of coming to a head now." This is part one of a two part podcast recording with Tom Sharp, the Director of Permitting Intelligence with Arbo, and Justin Carlson, founder and Chief Commercial Officer of East Daley Analytics on the issues and challenges facing energy infrastructure projects, and some of the solutions. "We don't build a road that no one's going to travel on. You build a pipeline, because somebody has supply and someone has demand." Tom Sharp is a thought leader on infrastructure permitting and an expert in environmental and energy law and policy. His unique perspective is informed by 12 years of federal experience, most recently as Director for Permitting Excellence at the Federal Permitting Improvement Steering Council (FPISC), and by positions at the White House Council on Environmental Quality (CEQ) including Deputy Director for NEPA, attorney in the Office of the General Council, and Senior Advisor for Infrastructure. Tom also worked for 9 years as an attorney at FERC specializing in natural gas pipeline certificates and hydropower licenses. He graduated with a Certificate in Environmental Law from the Tulane University Law School and enjoys teaching law classes focused on NEPA and permitting reform. "You really have two kinds of risk. You've got risk borne by the project developer, and then you've got policy risk." Justin Carlson is the Co-Founder and Chief Commercial Officer of East Daley Analytics. With a passion for strategy and deep expertise in oil and gas market supply and demand, Justin co-founded East Daley Analytics to creatively transform data and information into market moving knowledge and wisdom to drive client success. He has also authored articles on the energy financial markets for Forbes, Oil and Gas Journal, and Seeking Alpha. Justin has a BS in Mechanical Engineering and an MS in Engineering Management from the Colorado School of Mines. "Midstream companies are out wanting to develop hydrogen projects, but we don't really know where the supply is. And we also don't know who wants it, so I don't know what to do." USEFUL LINKS LinkedIn profiles (personal, business): https://www.linkedin.com/in/justin-carlson-b8033b5/ https://www.linkedin.com/in/thomaslsharp/ https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7075561315259338752 Website: http://www.goarbo.com/ https://www.eastdaley.com/…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 Herman Artinian on downhole compressors for gas wells 35:59
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35:59"We're creating a significant drawdown on the reservoir so we're able to get every last molecule of what's unrecoverable today that sits in the reservoir." In this episode, I’m in conversation with Herman Artinian who is the CEO of Upwing Energy, a company that has developed a compressor for downhole gas wells. One problem with gas wells is that they depressurize as they produce, which results in much of the gas (40% or more) being stranded in the well. "We are able to boost incremental production by anywhere from 150 to 250%, which is significant." Upwing has taken a standard gas compressor, reversed it to pull gas out of a well, and packaged it to fit down hole where it is twelve feet long but only 5 inches in diameter. It took innovations from all kinds of places to manage this kind of repackaging. But the results are well worth the investment. "You imagine how much work and energy and employees and technology is going into commoditizing this valuable asset (oil and gas). People kind of forget how much work it is and how big the supply chain is for this." President and Chief Executive Officer Herman Artinian has 30 years of experience in domestic and international business development and management, specializing in driving business growth by identifying and advancing disruptive energy technologies. Before leading Upwing Energy, Herman increased the profitability of multiple start-ups. At Calnetix companies, he oversaw numerous global licensing deals for Access Energy and played a key role in the growth of Direct Drive Systems (DDS), prior to the acquisition by FMC Technologies. Herman brings his passion for developing new energy technologies to Upwing Energy, driving his team to rapidly grow the natural gas service with industry- leading tools that increase production and recoverability in an economically and environmentally sustainable way. He holds a B.S. in Aerospace Engineering from the University of California, Los Angeles. USEFUL LINKS LinkedIn profiles: Business: https://www.linkedin.com/company/upwing-energy/ Facebook pages: https://www.facebook.com/upwingenergy Website: https://www.upwingenergy.com/ YouTube: https://www.youtube.com/@upwingenergy Instagram: https://www.instagram.com/upwingenergy/…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 Digital Is Finally Impacting The LNG Sector 13:57
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13:57If there is one industry that evolves very slowly, it would have to be the liquefied natural gas industry, and yet, digital is even making an impact here. As a digital nerd, I was alert to any digital developments at LNG 2023 , but I was also curious what I had written back in 2016. At the time my weekly article series was called Fuel Up LNG, and chronicled Australia’s staggering rise from a gas exporting bit player to global LNG giant. I regret to inform you that not much has changed, really. It takes seven years to move an LNG project from conception to reality, if not longer. There’s not much iterative technology development happening, because the capital project life cycle is so long—a project is effectively just one iteration. Perhaps an expansion project can adopt some innovations, but there will be pressure on the project to stick with the status quo to capture scale economies. However, there were still a few pearls to share. Here are four key takeaways about the impacts that digital is having on the LNG sector.…
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Digital Innovations in Oil and Gas with Geoffrey Cann
My first exposure to the circular economy did not inspire confidence. My Mom, my brother and I were in the attic of my uncle’s home rummaging through an old trunk overloaded with castoff clothing that my cousins had outgrown. I didn’t appreciate it at the time, but we were clearly poor, and with 6 kids, there simply wasn’t enough money to buy new clothes. One of our most hideous family photos has us kids kitted out in fabrics I am certain were recycled from bedroom curtains. Necessity, or in my situation a mild case of poverty, teaches you to value your stuff, make your stuff last longer, use your stuff minimally to reduce wear and tear, and to repurpose your stuff at end of life. The hydrocarbon industry has never been particularly hip with circular thinking. In fact, the business model for the industry has been pretty much linear for my entire lifetime: Producer extracts the resource (crude oil, raw gas, dirty coal) and transforms it into something useful (fuels, energy, petrochemicals). The consumer uses it (burns it, wears it, builds with it, and lots of other uses), and disposes of it (carbon emissions into the atmosphere, construction materials into landfill, single use plastics everywhere) as waste. There’s no evidence of a circle. There are now a handful of good examples in the industry of the circular economy finally coming to life.…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 Spatial Computing Should Find A Welcoming Home in Oil and Gas 15:31
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15:31With Apple’s new Vision Pro hitting the news, and changing the perception of computing to include a spatial dimension, it’s worth reflecting on where and how this clever new technology could be used in oil and gas. Apple’s latest product, spatial computing, is long on nifty and clever, but short on a must have new feature worth paying the price of a high end Mac Studio with a two hour battery life. Watch a movie in surround vision? Ok. Use your hands to manipulate apps instead of a mouse? Fine. Thrown an app into space and open it? Sure. Do a video call? Um. During the launch, there was no obvious killer app for the masses, and nothing that compelling for business, and in particular the energy industry. The energy world is not really about people. In fact, we spend enormous amounts of treasure trying to keep people from coming into contact with our products (fuels, electricity). For consumers, energy is just there, in the background, behind a light switch, or in response to a quarter turn of a key in an ignition. For energy suppliers, our world features many more machines, with complex interfaces, more regulations, more safety. But our house is definitely spatial.…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 Rodrigo Liang on Using Enterprise Generative AI Tools in Oil and Gas 39:22
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39:22"You better better know how to go with the flow." In this episode, I’m in conversation with Rodrigo Liang , the co-founder and CEO of SambaNova Systems . Generative AI solutions have taken the world by storm and will speed up industry by 10x. "What’s necessary for us to train these models, we need very, very large data sets. And well guess what? These cloud services and these large hyper scalars have been able to accumulate so much data, that now you have large enough datasets that are allowing us to train these models really well." The problem is that enterprises want to have their own enterprise AI model that uses their proprietary company data, not a generic dataset scraped from the Internet. SambaNova helps companies build these specific enterprise AI models. "The main reason people don't use the largest model is the training cost is significantly higher than the smaller models..." Rodrigo Liang is co-founder and CEO of SambaNova Systems , a leader in enterprise-scale artificial intelligence solutions. With deep roots in Stanford University, he and his co-founders designed a new full-stack hardware and software platform optimized for AI workflows and set the company on a mission to enable the future of artificial intelligence for the enterprise. Rodrigo says that we are witnessing the fastest industrial revolution in history – and it's happening right in front of our eyes. The way artificial intelligence has unfolded in the past few months is just the tip of the iceberg, and it's going to transform the world as we know it. "Text is still the number one format of your data, regardless of what you say about imaging and videos and things like that. Most of your data at rest exists as text." USEFUL LINKS LinkedIn profiles (personal, business): Personal: https://www.linkedin.com/in/rodrigo-liang Business: https://www.linkedin.com/company/sambanova Twitter handles: @SambaNovaAI YouTube: https://www.youtube.com/c/SambaNovaSystems/featured Website: https://sambanova.ai/…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 Russian Claims of Pipeline Hacking Are Deadly Serious 13:29
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13:29Russia’s recent claims about hacking a Canadian gas pipeline must be taken with deadly seriousness, and not just by pipeline companies, but Canadians at large. A document leak allegedly caused by a 21 year old cyber transport professional working inside the US security services contained a story that a shadowy Russian cyber team had successfully hacked into the operations of a Canadian gas pipeline system and with disruptive intent. The European nations with Arctic exposure have been investing with renewed emphasis in their northern Arctic flank now that the Russian threat has been exposed. The Nordic countries recognize that the security umbrella of NATO is but one element of a broader strategic defensive stance, and that stance must be bolstered with real assets and investments in the North. The conflict in Europe between Russia and Ukraine is but one of a number of global moves that threaten the rules-based order. China has been making the same, if more subtle, noises about invading Taiwan. North Korea is perfecting its intercontinental strike capability. Iran will soon be nuclear armed. We need to be prepared.…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 Accelerate Project Approvals Using Data and Analytics 16:03
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16:03The energy industry is very accustomed to seeking permission to do things. It is the norm in industrialized societies to set out the acceptable parameters for investment actions that can impact others, and to have project proponents follow a set of established regulatory processes. These processes take time, but they could be trusted to yield a predictable outcome for project investors and proponents. Until recently. Deploying energy infrastructure is an increasingly fraught endeavour in many parts of the world. There is now a frenetic race underway to secure the best projects with the best market positions, for the long term, in the face of a permitting timeline that exceeds the time available to avert the worst of climate effects. For proponents, chasing projects with high regulatory risk wastes both time and money in a race with little tolerance for error. Delayed in-service dates for projects reduce the value of their future revenue streams, exacerbated by the current higher interest rate environment. Such delays can result in promising projects falling in value and being canceled. However, one technology company HAS brought together the special combination of deep multi-faceted energy industry insight, permitting process, regulatory and legal knowhow, and technology capability to help infrastructure developers, operators, and investors crack the code on this problem. Arbo is a specialist technology-and-advisory business that has delivered the new technologies, advanced analytics and algorithms to improve the ability of project developers to execute in this environment.…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 Riley O’Donnell on Using Digital Tools To Help Upstream With Optimization 37:34
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37:34"You've got huge amounts of data, and siloed, across many different teams and many deep technical disciplines. And that makes it really hard to get the full picture. And without the full picture, it's really hard to optimize something." In this episode, I’m in conversation with Riley O’Donnell, who is the CEO and co-founder of Endla. The potential to optimize a gigantic industry of unimaginably value with almost unlimited number of variables in the face of constantly improving technology is unbounded. "Maybe it's a $100 million dollar problem that you have to have before you can really justify pulling a room of 10 engineers together for a day or two. But when you've got information assets that can help you solve that, all of a sudden, you can be tackling 20 $10 million problems across that same period of time." It’s so hard to tackle the $100m problems that there’s no capacity to go after the $20m problems. But with better tools that break down the information silos across technical disciplines, these problems become solveable much more quickly. "Because it's quite complex, and there's many different dials and knobs you can turn when approaching a problem, means the solution space is very, very large." Riley O’Donnell is the co-founder and CEO of Endla. Endla began through Riley's experience in industry as a process engineer, where he built internal software to help his team do its job at both ExxonMobil and Santos. He saw the benefit of the software first hand, however, but also saw that these organisations were unable to maintain it long term. At Endla, Riley is combining engineering and software skills to provide the next generation of software to engineers working with physical assets. "The reason we're focused on unconventionals is because it's a bit of a factory operation. It's really how efficiently and cost effectively can you put these wells in the ground." USEFUL LINKS LinkedIn profiles (personal, business): Personal: https://www.linkedin.com/in/rileyodonnell-1/ Business: https://www.linkedin.com/company/endla/ Website: Https://Endla.com…
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Digital Innovations in Oil and Gas with Geoffrey Cann
With payments technology innovating at a rapid clip, are energy companies ready to overhaul their snail-like order to cash processes? In the digital world, payments technology is evolving very rapidly. Micro payments, automated payments, direct deposits, touchless payments, 100% cashless businesses, crypto exchange, non-bank banks, novel debit and credit payment solutions, loyalty points for goods and services, payment through apps… the list goes on. But what about the energy industry? Of course, the energy sector has some unique features that make it harder to adopt these new payment mechanisms, but several innovations could transform one of the sector’s biggest headaches. There is a huge prize to be captured here, amounting to fully 10% of the cost of large energy enterprises, once carrying costs for all purchase activity is factored in. And with interest rates on the rise, financing that float is about to get a lot more expensive for everyone. Fortunately we have all the digital tools at hand to turn that snail into a proper performance vehicle.…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 Chip Moldenhauer on The Transformation of Energy Infrastructure Data Analytics 33:14
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33:14"Many people think of information as being data. But information is not necessarily data that they then can be analyzed and turned into analytics." In this episode, I’m in conversation with Chip Moldenhauer who is the Founder and CEO of Arbo, an energy data analytics firm. Compliance with energy regulations is a minimum requirement for any new energy investment. However, the regulations are not codified and structured as you’d find in an ERP system. It’s unstructured text, which means it’s time-consuming to find all the relevant regulations and figure out how they apply in a specific instance. Add in the urgency to hit climate targets and the huge wave of government funding heading into clean energy, and suddenly regulatory data analytics becomes highly valuable. "The big problem that the industry was trying to solve as, as at least the United States, and most of the world was trying to do that shift from coal to gas, that was how long is it going to take to build transportation necessary to move that product that was going to help decarbonize the world and bring power to many more people." Chip is the founder and CEO of Arbo, an energy data analytics firm that transforms energy regulatory data into business intelligence and insights that drive infrastructure permitting and commercial decisions. Chip founded Arbo to help improve the strategic decision making needed to sustain America’s critical infrastructure, achieve energy independence and support the energy evolution. "Knowing the timing of the permitting process is directly related to how much a project is going to cost." Prior to founding Arbo, Chip practiced energy regulatory law at Morgan, Lewis & Bockius, LLP and advised clients’ senior leaders on strategic solutions to high stakes regulatory, policy and litigation issues. Chip served with distinction as a naval surface warfare officer responsible for leading large engineering divisions on ships deployed overseas in support of Operation Iraqi Freedom. He is a graduate of the United States Naval Academy and The Catholic University of America School of Law. "And I think most research shows that we need to build that grid out at a rate of four to five times what we've built before." USEFUL LINKS LinkedIn profiles (personal, business): Personal: https://www.linkedin.com/in/chip-moldenhauer/ Business: https://www.linkedin.com/company/goarbo Twitter handles: @go_arbo Website: www.goarbo.com…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 The Epic Contest for Tomorrow’s Energy Customer 13:31
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13:31For the first time in your life, the relationships you have with your energy suppliers are contestable. But why are fossil fuel companies not in the contest? Businesses are in continuous contests for the consumer wallet. I’m presently scheming on a house renovation program and I’ve invited four renovation contractors to the contest. My relationship with a renovation contractor is contestable at the moment but once I select someone to work with, the contest is over. How does contestability work in the context of the energy industry? As consumers, we’re conditioned to have an ambivalent unemotional relationship with our energy. It’s just there, lurking behind the light switch, or sloshing around in the gas tank, or springing into hot action when the house temperature falls too low in winter. Many people have no idea who even supplies their energy or how it gets to their homes. As a result, our relationship as energy consumers with energy suppliers is not particularly contestable. Once you sign up with a local gas or power supplier, you don’t easily or often change. It’s fire and forget. Even payments are automatic. It’s been this way for my entire life, 60+ years. And it’s all about to change.…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 Ken Fichtler on Using Digital Tools To Detect Worker Impairment 33:41
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33:41"There has been no device historically that can detect cannabis impairment in real time. Cannabis works very differently in the body than does alcohol. So you can measure the amount of alcohol in the body and derive the experienced impairment from that number. The same is not true of cannabis." In this episode, I’m in conversation with Ken Fichtler, the founder and CEO of Gaize. Cannabis is now legal in many places where oil and gas is produced, refined and distributed. Cannabis is increasing in potency, people consume it more, and it lasts longer in body than alcohol, but with different impairment impacts. Without a better way to detect impairment, companies may simply not bother with any testing. Ken set out to find a digital solution to this problem, which is way harder than it sounds, but Gaize is now ready for prime time. "Is there a way we can currently detect cannabis impairment? And the only thing that I could find were these drug recognition, expert eye tests." Ken Fichtler is the founder and CEO of Gaize, a first of its kind real-time impairment detection platform. Gaize uses analyzes eye movement changes using artificial intelligence to discover impairment from cannabis and other drugs. He’s a prior founder, proven operator, angel investor, and most recently served as Director of Economic Development for the State of Montana under Governor Steve Bullock. There he was responsible for adding thousands of jobs paying radically more than the state’s average wages, recruited leading technology companies to the state, and managed the economic response to the COVID-19 pandemic. Ken lives in Missoula, Montana with his family where he enjoys a broad variety of outdoor activities and serves on several boards. "Each class of drug has a unique bio signature that manifests in the eyes. And that basically just translates to a unique way in which the eye movement changes in response to that drug or to the impairment from that drug." USEFUL LINKS LinkedIn profiles (personal, business): Personal: https://www.linkedin.com/in/kenfichtler/ Business: https://www.linkedin.com/company/gaizesafety Twitter handles: @GaizeSafety @kenfichtler Facebook pages: https://www.facebook.com/gaizesafety Website: https://www.gaize.ai…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 STEEPLE Chase: What Are the Relevant Macro Trends for 2023 and Why (Part 2) 11:45
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11:45This week concludes a series I started last week on the trends to watch in 2023. As a reminder, at the start of every year, I take a step back from the daily news feeds about energy to dwell instead on the many longer-stride trends that are impacting oil and gas. There are many ways to frame such analysis, and the framework I’m using goes by the name STEEPLE . The letters form a mnemonic, which refers to Social, Technology, Economy, Environment, Politics, Legal, and Ethical. The mnemonic started life as PEST, then evolved into STEEP, PESTLE and STEEPLE by progressively adding additional categories. This episode will focus on the back half of STEEPLE: Environment, Politics, Legal, and Ethical. The environmental trends are those that concern themselves with our natural world. At times, the energy industry seems to be driven by a singular environmental factor—rising levels of atmospheric carbon concentration. However, there are many other worrisome trends to keep front of mind. Political trends are almost by definition country specific, but there are a few biggish ones that factor into energy calculations. The first trend is aggressive energy geopolitics. Russia has demonstrated how an autocratic political regime over time can be tempted to use a carefully constructed energy market monopoly to bend market dependents to its will. Energy importers will be careful not to lock into such dependencies in the future, and the trend will clearly be to diversify energy supply or move to self sufficiency in energy. The legal environment for energy is not static, but it doesn’t change quickly either. Nevertheless, I keep an eye on a few important trends. Activists have been successful in weaponizing legal systems in western economies to tackle the energy industry. Approval cycles for energy developments (and even housing for veterans ) in the western world continue to slow down and are now structurally out of step with both the rising demand for energy and the speed society demands to deal with climate effects. It has long been recognized that there is an ethical dilemma at the very heart of the industry—the production and consumption of petroleum delivers great benefits for society but at a serious environmental and social cost. Halting the industry will quickly starve us and continuing the industry will slowly cook us.…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 Patrick Ng on ChatGPT, Geothermal Energy, And Energy Transition 32:25
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32:25"It is very similar to what we've been doing an oil gas for many years, in an exploration sense. The mindset is there’s risk. At the beginning... you look at data." In this episode, I’m in conversation with Patrick Ng, the CEO and Founder of ShaleForce, a geothermal company, on generative AI and how it has been used by ShaleForce. If we drill deep enough, we will find geothermal resources, but not all are suitable. One application idea is to aim for geothermal resources where there are existing coal power plants. These plants will eventually be retired, but with a different kind of boiler, the plants could find renewed life. Geothermal energy is also applicable to many industrial processes currently supplied by hydrocarbons, including steel making, cement, food processing, pulp and paper, and many others. "Early in the shale revolution before 2010, people will say, hey, there’s shale everywhere. I look at it like factory drilling. I look at so many acres, and look at how many wells I can place and go with it. Very quickly, they find out if that's the way you go, you're gonna blow a lot of capital. The reason is geology is not uniform or costs, right? It has the variabilities." Patrick Ng is the founder and CEO of ShaleForce, a data analytics and energy intelligence company. Patrick started his career in R&D, and eventually moved into analytics, primarily software development, geophysical imaging and inversion applications / services for the oil & gas sector. His passion is helping communities thrive during energy transition by leveraging his background in technology application and petroleum geology to expand the energy supply and radically lower emission for industry, such as geothermal. "If our target, our goal is to radically reduce carbon emission for industry, let's say not just electrons, not just electricity, there are a lot of industries with heavy use of energy, that can benefit from direct heat, or superheated water." USEFUL LINKS LinkedIn profiles (personal, business): Personal: https://www.linkedin.com/in/patrick-ng-6421b5 Website: https://www.shaleforce.com Reference paper: https://energy.utexas.edu/research/geothermal-texas…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 STEEPLE Chase: The Trends To Watch in 2023 and Beyond (Part 1) 12:24
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12:24I admit it. I’m an energy industry junkie. My news feeds are chock full of energy stories, I chase down obscure items that interest me, and I scrutinize energy industry changes to understand their hidden meanings and bigger implications. It’s for this reason that every year around this time, I step back from the task of satisfying my daily energy news fix and focus instead on the many bigger swinging trends that are buffeting the world. In this episode I’m using a framework called STEEPLE , which refers to Social, Technology, Economy, Environment, Politics, Legal, and Ethical. It’s a way to categorize ideas into manageable buckets. The category of social trends includes topics like demographics, shifts in settlements, human migrations, and cultural changes. I like to consider the social trends with the biggest impacts on the energy industry which tend to be those that drive demand and supply. Tech trends cover more ground than just digital, and include science advancements, materials, new energy, health care, and many others, but I’m mostly focused on digital for this article. The pace of digital innovation is not abating, and is likely accelerating as investments in select foundational capabilities come to fruition. Economic trends covers such topics as markets, commodities, interest rates, employment, and much besides. Looking beyond commodity price reveals a host of important trends in the global economy.…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 Tony Ciliberti on Better Quality Reliability Data and Its Overlooked Value 36:56
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36:56"There's a move towards digital transformation. And there's two aspects of that. There's digitisation and there's digitalization." "If it's digitized, you're simply taking, like a hardcopy, and you're scanning it near attaching it to a record of some sort." "By digitalizing, it, I'm actually putting it in a format that the computer can process. It's much more efficient..." In this episode, I’m in conversation with Tony Ciliberti, who is the founder of Reliability Dynamics. Tony is an authority on digitalization of equipment operating data, which is near and dear to my heart. Without good data, you can’t really get the full benefits of digitalization. Worse, poor quality reliability data costs money, and carbon, as engineers have to drive to visit facilities when they don’t need to. Better quality reliability data pays back very quickly. "[Reliability] means is being able to make equipment perform better by having the information necessary to make better decisions for the equipment." Tony Ciliberti is the Founder and Principal of Reliability Dynamics. He is a chemical engineer with 30 years of experience in equipment reliability and risk management in the petrochemical and oil and gas industries. He is an authority on data digitalization and the application of ISO 14224 methods. He developed and patented engineering methods that resolve pervasive equipment performance data quality issues in EAM solutions. He chairs the CCPS Process Equipment Reliability Database (PERD) Project. He participates actively in ISO technical standards development as the ANSI-appointed US Expert in ISO/TC67/WG4/PG1 and is a contributing author of the ISO 14224:2016 standard. He teaches the ISO course on how to apply ISO 14224 in enterprise software. "If I'm thinking that I'm gonna get information from the field, and I want to be able to validate it with a system, which I do, right, I've got to make sure that the data requirements aligned with the type of work." USEFUL LINKS LinkedIn profiles (personal, business): Personal: https://www.linkedin.com/in/tciliberti Business: https://www.linkedin.com/company/reliability-dynamics-llc/ Websites: https://reliabilitydynamics.com/ https://pf-prod-sapit-partner-prod.cfapps.eu10.hana.ondemand.com/profile/0001223132 https://store.sap.com/dcp/en/product/display-0000060110_live_v1/industry-standard-solution-for-plant-maintenance https://www.sap.com/dmc/exp/2013_09_adpd/enEN/#/partners?search=ispm&id=p:p10016 Patent System and Method for Enterprise Asset Management and Failure Reporting System and Method for Enterprise Asset Management and Failure Reporting, US 11,157,519 B2 · Issued Oct 26, 2021…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 Gastech 2022 – An Executive Summary 14:34
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14:34There are a handful of oil and gas industry conferences ( ADIPEC , Gastech , CERAWeek ) that are distinguished by their global nature, the topics being discussed, the scale of their trade show floors, and their enduring focus. Gastech is one of the biggest and best of the lot. I first came across Gastech in 2015 when I was living in Australia, and the Gastech conference was then being held in Singapore—unsurprisingly, as Australia was then building out its world-class liquefied natural gas (LNG) industry, gas prices were off the charts in Japan (US$18 per gigajoule), and the talk was all about expansion potential. Today $18 seems like a bargain and LNG is back on the table in a big way. Gastech moves around the world to different locations, but is planned out years in advance. Sometimes the gods place favour on locations by dint of world happenings, and this year’s affair was conveniently located in Milan, Italy, a mere 6 months after Russia’s invasion of Ukraine. Energy security suddenly leapt onto the agenda. Not everyone has the budgetary wherewithal to travel to distant centers for conferences (I know I don’t) and time zones get in the way of attentiveness. Here’s a snapshot of the key topics discussed at the conference. Overshadowed by events in Europe, the drive to digitalize the energy industry took a back seat to energy security and energy transition at the conference. Read between the lines, however, and the importance of a robust digital foundation in a rapidly evolving energy landscape has never been greater.…
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Digital Innovations in Oil and Gas with Geoffrey Cann
The world is getting a stark lesson on energy geopolitics and energy security in light of Russia’s invasion of Ukraine. It’s useful from time to time to view the decisions that major energy exporting nations are making that impact the energy security profile of consumer nations, and the risks of man-made catastrophic supply disruption, including the aftermath of the pandemic and the Russian invasion of Ukraine. For example, China, as a big oil importer but with a strong industrial policy towards clean energy, will be able to seek favourable trade deals with exporters, in exchange for market access. On the horizon is the shift to new drivetrain technology for mobility. The list of countries that have banned the sale of internal combustion engine cars beyond 2030 is starting to grow impressively. Digital issues factor into this kind of analysis, which gives rise to the question: how does digital innovation play into the geopolitics of the global oil industry? Digital innovations will increasingly play a role in the geopolitical world of oil and gas, and with unpredictable effects.…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 Kate Allen on Overhauling the Asset Inspection Process with Digital Technologies 36:07
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36:07"The kind of customer centric focus, despite the industries being so different, [means] that the customer has a need for an easy to use interface and fully supported software as a service that has no downtime, because the people have no downtime either." In this episode, I’m in conversation with Kate Allen, who is the Product Manager, PetroChemical Division for TruSolutions. Kate’s team focuses on supporting both third party and owner/operator inspections of industrial equipment, which historically has been a pen and paper process, with lots of manual reports. But in the face of staffing shortages, new tech savvy employees, and the pending retirement of aging experts, companies are transforming their inspections practices and technologies, and gaining important strategic benefits alongside proven ROI. "Third parties are being asked to provide the same number of inspections with a significant shortage in staffing who are qualified to do so. Both industries are facing this great changeover with all of their subject matter experts heading towards retirement age." Kate Allen is the Product Manager, PetroChemical Division for Tru Solutions, a company that provides quality assurance software for industrial companies. Kate describes herself as ‘a wife, mother, and Petrochemical Product Manager from St. Louis, MO.’ "If you're not capturing your data digitally now, how do you think you're gonna throw it into this awesome 3d modeling of your entire refinery?" Kate began her career in software over 20 years ago with a small, local start-up serving the third party recruiting market. Since then, she has worked in a variety of industries across various platforms helping clients standardize processes, improve efficiency, and leverage data for decision making. When she's not visiting the nation's finest refineries, you can find her screaming from the sidelines at a youth sports match, or perfecting her sourdough recipe. "Compliance and safety are a byproduct of conducting your inspections correctly." USEFUL LINKS LinkedIn profiles (personal, business): Personal: https://www.linkedin.com/in/kate-allen-57601061/ Business: https://www.linkedin.com/company/tru-solutions-digital/mycompany/ Website: https://trusolutions.com/solutions/api/…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 TradeLens The Solution Has Sunk. Long Live TradeLens The Idea 13:51
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13:51TradeLens, the IBM/Maersk venture to overhaul international shipping documentation handling, has been abandoned and will come to an end . Long live TradeLens. Now, if you’re wondering what this post has to do with digital innovations in oil and gas, consider that oil (and increasingly gas) is shipped internationally. The oil and gas industry is also a huge buyer of stuff that is sourced internationally and improvements in shipping are directly relevant to the cost of the industry. The underlying technology building blocks (cloud computing, blockchain, data standards, analytics) are common to many oil and gas innovations too. TradeLens had a lot going for it: A big and global problem to solve A compelling business case for the customers Big global partners with deep pockets able to finance the development and actuate the marketing Deep skills in the key domains (shipping, technology) Alignment with the partners’ respective business strategies (IBM as delivery partner and Maersk as business domain expert) The timing for the venture was not ideal. Despite being well hypothesized, the pandemic timing was not predicted, nor was the timing of the invasion of Ukraine. The pandemic has hammered supply chains globally, and the invasion has disrupted food movements, energy flows and lots besides. Participants throughout the supply chains likely have their hands full just trying to cope, let along embrace new ways of working. I can imagine uptake wasn’t strong, but that’s the reality of start ups and shouldn’t be an excuse. So here’s to the death of TradeLens the platform, but long live TradeLens the idea of transformation international shipping to be more like Uber and less like Where’s Waldo.…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 Ian Burgess on the Challenges of the Management of Data Measurement in Oil and Gas 1:07:15
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1:07:15"There were some really important and interesting measurement problems that were non medical, but most venture dollars went into medical than what you'd think from the the market size for the most important measurement problems..." In this episode Ian and I have a lengthy discussion on the challenges of data measurement and management in oil and gas. The industry is heavily dependent on the data it gathers from sensors, and dramatic improvements in telecommunications and analytics has thoroughly upended how companies can approach the management of their data. Topics include data uncertainty, how much measurement is too much, the impact of better measurement for careers in the industry, and much else besides. "When the original IT infrastructure was built, it was built with the assumption baked in that you had to curate most of your data before it left the field." Ian Burgess is President and co-founder of Validere. He is the technical and innovation lead and has become one of the leading industry experts on commodity measurement, emissions and carbon sequestration measurement, and the emerging carbon markets. "If you think about geoscience and all of the advances that have happened up to and including the shale revolution in downhole, it just seems like it can't be true that the reason why there's a data management problem, whether you're looking at emissions or quantities themselves, is because oil and gas operators don't like technology." Ian is an interdisciplinary scientist whose inventions have been recognized with an R&D 100 Award and featured in Scientific American, Chemical & Engineering News, Nature Photonics, and Materials Today. He has a Ph.D. in Applied Physics from Harvard and a Bachelor’s in Math and Physics from the University of Waterloo. "There's not enough emphasis placed on understanding the uncertainty in a piece of data, and accounting for what affects that uncertainty and what doesn't." USEFUL LINKS LinkedIn profiles (personal, business): Personal: https://www.linkedin.com/in/ian-burgess-35966337/ Business: https://www.linkedin.com/company/validere/ Twitter handles: @validere Facebook pages: https://www.facebook.com/valideretechnologies/ Website: https://bit.ly/3Dw7fcF Interesting article by Ian: https://bit.ly/40wwCFc…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 Specific Actions Managers Take To Drive Digital Adoption 12:58
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12:58Leaders lead by example, but what does that mean for the manager or supervisor of an oil and gas asset tasked with embracing digital? In my book, ‘ Carbon, Capital, and the Cloud ’, I describe the stages of personal change that people go through as they deal with digital, particularly in heavy industry, such as oil and gas. People are so different—not everyone starts at the same stage, their pace varies dramatically, and many will not progress beyond doubt or skepticism. Their progress is influenced both positively and negatively by outside forces as well as internal influencers. Digital adoption in heavy industry is hard work because it’s about people and culture, but there are many small and immediate steps managers can take to get going.…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 Why Russian Claims About Cyber Successes Are Suspicious 12:32
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12:32Russian cyber hackers claimed to have penetrated the operations of a Canadian gas pipeline and caused some disruption. For those of us living some distance from the equator, mostly northerners, but also a few hardy souls in the south, interruptions in energy supply are rare, short lived, weather related, and almost always about electrical power. My friends in Houston, energy capital of the US, tell me that they frequently experience minor power interruptions, which we never hear about, because, frankly, it’s not news. But when oil or gas infrastructure is involved, it’s newsworthy because it is a rare occurrence, the product is hazardous and hard to contain once it’s loose in the wild, and we generally have little direct experience about dealing with a protracted interruption in supply. In my 60 odd years (and lately they’ve been pretty odd), I have no memories at all about coping with fuel supply disruption. And that includes years living abroad, and lots of international travel. But there are a number of reasons why I’m skeptical about this story.…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 What if … You Could Take An Apple iPhone On Site? 13:33
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13:33“Wow!”, exclaimed Kelly, the site supervisor at the large petrochemical plant. “Are you telling me that I can take my iPhone onto the site? It’s safe now? What can I do with it?" Yes, Kelly, you can, IF you have the right phone AND the right case. As they are in our personal lives, smart phones are indispensable Swiss Army Knives of digital utility, and they will be highly welcome on oil and gas sites, petrochemical plants, and many other industrial sites besides. As Kelly well knows, today’s intrinsically unsafe device holds the record for the longest running streak as the number one controllable site safety risk for the past ten years because it induces inattentiveness for the user, enables unauthorized site surveillance, and triggers (maybe) the next front page news refinery explosion. But tomorrow, your smart phone will be viewed as the single most important safety enabler on the site, beating out hand rails on stairs, emergency wash stations, light bulbs, and lids on coffee cups. I bet you won’t be allowed on site without on. Here are a handful of the ways that such a phone and case could benefit the front line worker.…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 Shaun Syvertsen on Unlocking Potential through Better Adoption 39:17
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39:17"The people that design software, are unfortunately often a long ways away from the people that are out in the field using it." In this episode, I’m in conversation with Shaun Syvertsen, the CEO of ConvergentIS. He has built a company around the opportunity to make a widely used technology (SAP) super easy to use–so easy in fact that users don’t need training, or very little. It all stems from the need to improve adoption rates, and it turns out that ease of use, reduction in fear of technology, and empathy, are keys to successful adoption. There’s much scope in the SAP landscape for such an idea because enterprise technology needs to appeal to a very large, multi-industry market, leaving very niche areas underserved. "When you make it so easy that you have a group of people that can just go and follow the steps, and they know they're going to get it right, and you're guiding them to get it right, then nobody's scared to go do it." Shaun Syvertsen is the Managing Partner and CEO of ConvergentIS. He has more than 20 years of experience leading, advising, and delivering successful programs, projects, and initiatives for various companies in the oil and gas, financial, public sector, transportation/logistics, automotive, manufacturing, and IT industries in Canada, the US, and Germany. "Our target state is you actually can't tell the difference between our solution and what SAP built. You install it inside SAP, you don't have to figure out how to integrate it." USEFUL LINKS LinkedIn profiles (personal, business): Personal: https://www.linkedin.com/in/shaunsyv/ Business: https://www.linkedin.com/company/convergentis/ Website: https://www.convergentis.com/…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 Apple iPhones Now Permitted on Oil and Gas Sites 12:38
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12:38As far back as 2004, I explored the possibility of deploying cellular phones within an oil refining complex. The idea of persistent and safe communications with supervisors and lead hands by phone or text message during the work day was intuitively attractive, and we imagineered many a positive use case. This was in the era of the BlackBerry mobile phone, long before Apple created the smart phone category. However, we ultimately abandoned the concept. A decade later in 2014, I was reminded how far consumer technology has progressed when I was contacted by a young Australian field engineer with a creative mobile worker solution. The young engineer’s solution had cost all of $500. He had taken a risk by using a consumer-grade tablet, but the gas assets were all outdoors, and the risk of a conflagration minimal. He also took a lot of grief back in the home office for disrupting the normal work routine, and was told to cease and desist his innovation. Fast forward yet another decade, to 2023, and Suncor has rolled out the new cases and handsets to thousands of front line workers, and the use cases that I had imagined 20 years ago are finally being realized.…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 Legal Drugs In The Workplace — What Could Go Wrong 12:40
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12:40Heavy industry has long known that intoxication and some kinds of work simply don’t mix. Digital technologies are helping overcome the risk of hard-to-detect intoxicants on the job site. Worker safety is a VERY BIG DEAL in oil and gas. Moving equipment, pressurized vessels, high voltage, dangerous gases, hot surfaces, sharp objects, dark and wet conditions, drops from height, slippery surfaces, falling objects… the risks in the industrial workplace are manifestly greater. Employees need to have their wits about them at all times. Relative to other substance challenges, alcohol is easier for employers to manage. Other impairing substances, such as cannabis, are much more difficult to pick up. Cannabis doesn’t behave like alcohol in the body. It binds to fat cells, and is detectable for weeks, well after the intoxication effect has vanished, whereas alcohol washes out of your system relatively quickly. Unlike alcohol, the amount of cannabis you consume, and the resulting level of THC in your body, is not correlated to your level of impairment. What if we were able to supplement the industry standard law enforcement eye exam, normally administrated by a highly trained professional, but using digital technologies such as a camera, to capture eye behaviour in response to stimuli, and an algorithm that interprets the eye behaviour?…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 Learning to Live with (de)Generative AI 15:03
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15:03A quick trial of ChatGPT reveals its considerable strengths and its worrisome weaknesses in generating energy talking points. One of my many contacts asked me a rather simple question earlier this week: Why does Greenpeace not like LNG? My contact is from Germany, and presumably has lots of family members and friends there who have been living through Germany’s recent natural gas energy angst. As a thought experiment I wondered how a modern digital solution like ChatGPT might answer the same question, so I asked it the same question. ChatGPT did not disappoint, but neither did it impress. I would be cautious relying on ChatGPT to help with understanding the complex world of energy security. This little episode is a fine illustration of the perils of this kind of technology at this early stage of its life: ChatGPT’s grasp of the technical facts around LNG, a 60 year old technology, is weak. That does not bode well for its understanding of more modern and complicated technologies. ChatGPT’s responses are quickly generated, which is value, but we need to be very sure we are asking the right questions, and we take the time to quiz the responses to see if interesting and relevant contradictory information is being unintentionally withheld. Many in society lack the patience, the skepticism, and the inquiry skills to push back on the narratives produced by generative AI. Fortunately, that’s not the oil and gas industry. We’re a skeptical bunch.…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 Andrew McMurray on Improving Fracking Success Using Digital 35:40
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35:40"Hydraulic fracture is not just about breaking new rock, it's about fundamentally rejuvenating the existing natural fractures and bedding planes that are in the rock fabric itself." In this episode, I’m in conversation with Andrew McMurray , the CEO and Co-Founder of ShearFrac. Andrew and his team are using cloud capabilities from AWS to deliver complex calculations to frack teams that improve the performance of frack jobs (lowering the cost of fracturing operations and improving the yields). Interestingly, by giving frack teams a new actionable KPI that is geared to outputs (yield) and not solely inputs (water and sand pumped), performance improves. "Anything that you can do in real time to respond in real time is going to add more value than if you make a bunch of decisions, look back at them and realize they were the wrong decisions." Andrew is a Mechanical Engineer with a passion for responsible hydrocarbon recovery and technology development. Throughout his career, Andrew has been successful in developing and executing disruptive completion technologies in the industry as an operator with Shell or as part of a service company, STEP. Before Co-Founding Shear FRAC Group, LLC, Andrew was the General Manager of Canada for Darcy Partners, focused on identifying, developing, and accelerating innovative technology across multiple petroleum verticals. "I'm so proud to be a Canadian engineer, because on a global basis, we're very respected for our understanding of the subsurface and our ability to do things environmentally friendly and responsibly." USEFUL LINKS LinkedIn profiles (personal, business): Personal: https://www.linkedin.com/in/andrew-mcmurray-78b4521b/ Business: https://www.linkedin.com/company/28831831 YouTube https://www.youtube.com/@shearfrac2019 Website: https://shearfrac.com/…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 Eight Things You Didn’t Know About LNG 13:31
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13:31I’ve written hundreds of articles and podcast episodes about the liquefied natural gas (LNG) industry, and I’m still learning stuff I didn’t know. At an LNG conference recently, I heard speakers share perspectives on a range of topics that warranted a reminder of the nuances of this fascinating industry. LNG is a wondrous fuel with loads of potential for humanity, but it does have its quirks. The next time you hear some magical story about how LNG will save the world, or some equally gloomy review of its potential to destroy the planet, dust off this podcast for a sense check. Here’s eight things about LNG that you probably didn’t know.…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 Mike Procee On Setting Up a Corporate Innovation Capability 36:35
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36:35In this episode, I’m in conversation with Mike Procee, who at the time of recording was the Manager of Enterprise Innovation, Enablement, and Culture at TC Energy, a large oil and gas utility. Mike’s background in entrepreneurship and engineering came together at TC who wanted to accelerate their ability to deal with energy transition and digitalization. The company created an innovation hub that could provide its business units with facilitation, coaching and guidance to improve its ability to embrace positive change. It’s proof that big energy companies can change their stripes. "Everyone's heard the stories about Kodak. Everyone's heard the story about BlockBuster. Nobody wants to kind of follow in their footsteps." Here are some of Mike's quotes from the podcast... "These little collisions, with HR combining with engineering, your marketing team combining with sales, these groups that don't typically work together getting together are seeing these innovative solutions, and then actually driving more value out of them." "The argument can be made that you don't want to define innovation. Sometimes you want to create a very open space to let the horses run free." Today, Mike is the Manager of Project Enablement at TC Energy. Mike is an experienced Mechanical Engineer with a demonstrated history of working in hydraulic design and leveraging those skills to help facilitate discussion for optimization. He is passionate about innovation and employee experience while exploring their connection to bottom-line impacts. USEFUL LINKS LinkedIn profiles (personal, business): Personal: https://www.linkedin.com/in/mike-procee-mba-p-eng-06860478/ Business: https://www.linkedin.com/company/tcenergy/…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 Creating A Data Culture in Oil and Gas 14:28
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14:28A large integrated oil and gas company has invited me to address their global center for data excellence. That such an organizational creation is necessary is both telling for some and enlightening for others. Data has been central to my work on digital innovations in oil and gas from the very beginning because digital innovation is almost always about capturing value from a reliable data asset. My simple digital innovation formula includes data at its very core: Sensors generate data Analytics (AI and machine learning tools) interpret the data Semi-autonomous and fully autonomous devices (robots, drones) carry out real work using that data Cloud computing is where data lives Trusted ledger services provide confidence in the data. In hindsight, it’s rather sensible that a center for data excellence is now part of the organization structure of a big oil and gas player. Without better data acumen, oil and gas companies are like street brawlers showing up for a fist fight only to discover the opponent is equipped with a pistol. We’re seriously outgunned in the fight for talent, the battle for capital investment, and the latest race called energy transition (which has a huge data theme to it). The work culture of oil and gas is the basis for why our industry lags other sectors in how we think about and approach data.…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 Andrea Hine on The Mobile Worker in Oil and Gas 33:21
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33:21“It's extremely frustrating to have to make decisions on our multibillion dollar assets, with only a piece of paper in your hand, and a radio on the other side of your hip.” In this episode, I’m in conversation with Andrea Hine, who is a Product Owner within the Connected Worker Program at Suncor Energy. Working with Otterbox, Andrea and her team have developed the world’s first iPhone UL safety case, which means workers on industrial sites can now have a consumer-grade phone with them. This is absolutely ground breaking. The connected front line worker has been the hardest problem to solve in industry, but Andrea and team have done it. “We're making really big decisions about worker safety and in keeping our assets running with a piece of paper that may have out of date information. You don't have subject matter experts available to you. it's incredibly frustrating.” Andrea Hine is as a Product Owner within Suncor’s Digital Innovation and Development team. Andrea leverages her extensive front-line experience and creative mindset to drive technology initiatives. With a decade of field expertise and a fervent dedication to empowering workers, Andrea plays a pivotal role by delivering tools that enhance safety and efficiency. “If you make workers lives easier for them by giving them software and interfaces, and a piece of hardware that's easy to use, and really intuitive, workers will be on board” USEFUL LINKS LinkedIn profiles (personal, business): Personal: https://www.linkedin.com/in/andrea-hine-45884928/ Business: https://www.linkedin.com/company/suncor Twitter handles: @suncor Facebook pages: https://www.facebook.com/suncorenergy/ Website: https://www.otterboxbusiness.com/ccrz__CCPage?pagekey=Industrial https://www.suncor.com…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 Energy Transition Already Killing Off Long Life Assets 13:00
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13:00As we work through energy transition, market forces are poised to create asset discontinuities. They are already wreaking havoc with the oil supply chain. Today’s news from the shipping industry brings energy transition into sharp relief. An industry monitor noted a collapse in the order books for very large crude carriers (VLCCs, ships that carry two million barrels or more of crude oil). You might not think this is a big deal, but if your first name is Greta, you probably think it’s great news. Which gets us to the following problem: if the capacity to move tidal crude oil to market declines by more than the demand for tidal crude oil declines, then we will eventually have a shortage of crude oil carriers. Prices for moving tidal crude to market will have to rise. In addition to the shortfall in capacity from a lack of orders, a number of ships have gone over to the grey market, carrying sanctioned Russian oil products, effectively being withdrawn from general service. Extend this kind of industrial thinking to all the assets in the oil industry value chain and a number of eventualities become quite real.…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 Beware The Digital Ides of March 11:49
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11:49A banking collapse was not likely on the long list of worries that plague the digital entrepreneur. What are the kinds of risks that digital startups face in oil and gas? March 15 stands in infamy as the day that Julius Caesar was stabbed to death at a meeting of the Roman Senate. The conspirators, led by Brutus and Cassius, were ratted out by a seer, who ominously warned Caesar that harm would come to him that day, advice that Caesar pointedly ignored because: he was arrogant, popular and successful—precisely why the Senators chose to off him, and the seer was not unhelpful in clarifying exactly when the harm would come, where in Rome, and what form the harm might take. With hindsight, ‘Beware the Ides’ was sound advice from the seer, who apparently derived his insights by consulting the entrails of recently deceased animals. I too have ‘gut instincts’, but generally I’m more data driven and not in the business of conducting colonoscopies of goats and sheep for clues about the future. The Ides did not disappoint this year, as it turns out. The big event of the week was the failure of the Silicon Valley Bank , who stands accused of ignoring an iron-clad law of financing—they were inadequately hedged against rising interest rates, and lost a bundle when forced to sell a bond investment at a huge loss.…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 How Virtual Power Plants Will Strand Power Generation 11:55
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11:55The biggest new supply of energy after renewables will not come from a new oil and gas field, but from virtualized energy. A few years ago, we bought a mobile battery booster pack (itself includes a lead acid battery) for just such emergencies, but we had never plugged in it, it too was dead, and worst of all, beyond recovery. We called around only to discover that there’s no publicly accessible mobile battery boosting service in our little town. And now both that little vehicle lead acid battery and gasoline tank are about to give way to a much larger lithium ion battery in an electric vehicle. A vehicle battery will store enough power to run much of your household needs (short of heat) for 10 days or longer. No more visits to the gas station. Instead, all those vehicle batteries will have to plug into the power grid to get power (or to the home solar panel system if you have that kind of money) called ‘grid to vehicle’ or G2V. Power utilities have conveniently strung copper wires to virtually to every street corner. Through that same plug, power can be dispatched back to the grid, or ‘vehicle to grid’, aka V2G. Plug in all these vehicles to draw power at the same time and we’ll bring the grid to its knees. On the other hand, plug in enough vehicles with some software smarts at the same time, and an enormous amount of that battery power can be simultaneously dispatched back to the grid. The biggest oil discovery of my generation was in Detroit in the form of a technology shift. The adoption of battery electric vehicles is unlocking the largest new supply of power in the form of virtual power plants, and at the same time, hammering gasoline demand, natural gas investment and power generation.…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 How ChatGPT Will Eat Oil and Gas 13:39
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13:39New sophisticated artificial intelligence tools are coming to oil and gas. There’s plenty of upside, but lots of worries too. Language processing has been one of those things that humans have claimed to be uniquely of our species. Sure, other creatures are known to communicate with each other using sound—whales sing, dolphins chirp, and dogs bark—but only humans have created symbols to abstractly represent language, to allow language to be taught, to codify its usage, and to reduce the potential for misinterpretation. Imagine a bot with unlimited patience, unlimited but flawed technical depth on a range of topics, continuously learning, fluent in multiple languages, globally consistent, universally available, supremely self confident, frequently wrong, and massively parallel. Imagine if that bot relied instead on much internal corporate resources, and not exclusively on the flawed information sources of the wild internet. How might such a content machine impact the oil and gas sector?…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 Bradley Wamboldt on Pathways for Innovation Adoption in Industry 36:42
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36:42"There's a gap currently between the way the small startup companies would think about how to get investment dollars and grant dollars to keep their company alive, and what the big operators need to have a deployable project." In this episode, I’m in conversation with Bradley Wamboldt, who is the principal associate of Hawk and Squirrel Innovation. Bradley specialises in helping industrial companies innovate with hard technologies such as new industrial equipment and processes. Innovations in hard technology have strong parallels with soft technology (digital), and hard technology these days is usually accompanied by some kind of digital overlay. "If you look to move to a more distributed energy generation and consumption model, there's going to be a tremendous amount of infrastructure required. We're talking about 20 terawatts of energy used by the planet. Currently, about 85% of that is fossil fuel. So the scale of this energy transition, we're really just starting to scratch the surface." Bradley Wamboldt is the Principal Associate at Hawk & Squirrel Innovation, a boutique consultancy and technology development practice in Calgary. Bradley has over 30 years of experience in oil and gas operations, project development, commissioning, operations, and technology development with both Shell Canada and Suncor Energy. "Every day you go to work you think about three things, and none of them have to do with change. Number one is safety. Safety is always making sure everybody comes home. Number two is how many barrels did you produce today. Number three is keeping the costs in line." He is currently focusing his efforts on assisting large and small companies in advancing new energy transition and decarbonization technologies from research through to commercial deployment. Bradley has a Bachelor of Chemical Engineering from McGill University and an MBA (with distinction) from Ivey School of Business at Western University. Here are some of the key questions addressed in the episode: Is there more than one way to roll out industrial infrastructure? What are they? Who is good at introducing change to brownfield infrastructure? What are the key incentives that drive the energy industry? Where should innovation be placed in an organization? Operations? What tactics work well in driving business improvements and disruptive change? What changes do we need to see implemented to accelerate the pace of change? USEFUL LINKS LinkedIn profiles (personal, business): Personal: https://www.linkedin.com/in/bradley-wamboldt-54890a16/ LinkedIn Newsletter: https://www.linkedin.com/newsletters/6962843417353543682/…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 The World Petroleum Congress Revisits Calgary 15:19
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15:19The World Petroleum Congress is just around the corner, and it’s coming to Calgary. n the global landscape of oil and gas events, a few stand out because they are truly global in that they change venues rather like the Olympics, they’re infrequent (perhaps every three or four years, allowing the passage of time to provide for fresh insight on the latest topics), and they’re large. My most recent personal experience at such an event was LNG18 , held in Perth, Australia in 2016, with a focus (obviously) on the global liquefied natural gas trade. Australia had arisen, from the ashes of the 2008-09 global financial crisis, to become one of the world’s largest producers of LNG, and Australia’s experiences were the topic of considerable global interest. Well, Calgary is about to experience something quite rare, which is a return visit of the World Petroleum Congress (WPC), in September of 2023. This is a big deal, and not just because of the inflow of tourism dollars into the local economy. Only four cities have ever hosted the WPC more than once. Now is the time to get this on your business calendar for 2023.…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 Mark Smith on 5 Predictions for the Oil and Gas Industry in 2023 34:21
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34:21"Europe is building a bunch of regasification plants on their end. So the demand is going to be high for people to start filling that pipeline, for LNG." In this episode, I’m in conversation with Mark Smith, the President and co-founder of CleanConnect.ai. In a prior life, Mark launched Windows NT Magazine, an international publication about the fast evolving technology called Windows NT. I remember reading the magazine! "Instead of us being able to buy carbon credits from say trees in Africa and offset, the actual suppliers are going to need to prove their provenance and their carbon intensity just to sell into the gas supply chain. It's going to shift from a voluntary to much more of a mandatory deal." Mark Smith is the President and co-founder of CleanConnect.ai. Our software suite is the only government-approved AI solution that can replace human leak-detection-and-repair operators for oil & gas companies. Mark is also the host of Digital Roughnecks, a video podcast for energy executives. Mark previously launched Windows NT Magazine, with 1.5M IT professionals subscribers in 160 countries. "[EPA regulations will] add at least 1.4 to 1.6 million more inspections across all the operators, which is a 471% increase. I estimate it'll cost them about $831 million to do that. So that's a biggie, right? 3500 new trained LDAR inspectors." Mark is quite used to putting out predictions about the future, and in this episode we discuss five predictions that Mark forecasts for the oil and gas industry. Here are the 5 predictions: Energy demand will continue to grow, but some energy products, notably LNG, will experience hypergrowth. Energy regulations coming on stream will drive a huge ramp up of energy inspections, and with it, the need for inspectors. Talent shortages will not only persist but will worsen as US industry reacts to the Inflation Reduction Act, pulling talent into new sectors. Proof of emissions will become mandatory for anyone selling energy products (gas, oil, LNG) Energy companies embrace new technologies, notably AI-enabled computer vision, to cope with the talent shortfall and regulatory growth. Mark elaborates on these predictions with examples and anecdotes from his ongoing work and experiences in the industry. USEFUL LINKS LinkedIn profiles (personal, business): Personal: https://www.linkedin.com/in/markhoustonsmith/ Business: https://www.linkedin.com/company/clean-connect/ Website: https://www.EPACheatSheet.com…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 The CFOs Outsized Role In Digital Energy 13:40
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13:40A town in British Columbia can’t seem to muster the business case to purchase electric vehicles. What lessons does this hold for business leaders facing similar technology upgrade decisions? After the usual fiscal deliberations, Administration has recommended to Council that the town stick with the status quo gasoline models for now, rather than plunking down for newer more expensive electric vehicles, based on the acquisition cost of the vehicles. It’s not a big purchase, just two trucks, but the saga illustrates the challenges that await all businesses, not just small municipalities, about facing up to the pressures of decarbonization and digitalization. The CFO, and their organization define the swim lanes, set the rules, dictate the parameters (such as interest rates and carbon prices), and manage the overall process. At what point do you make jump from dirty to clean and from dumb to smart? For businesses, that decision is clearly hard to make. It’s going to be up to the CFOs to change the way capital decisions are taken so that we accelerate our way to a digital energy future.…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 Nick Verhoeven on the Contest for the Electric Vehicle Battery Owner (Basically Everyone) 35:50
35:50
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35:50"The way we're looking at it right now is to bring balance by not consuming. That means that your car has been planned to charge during the night. But the grid operator says that there's an imbalance on the market. And then by not charging those 500,000 cars, we’re actually delivering energy to the markets and therefore a gas fired plant doesn't have to turn on." In this episode, I’m in conversation with Nick Verhoeven who is the strategic accounts manager for Jedlix. The energy stored in the battery in the average vehicle is 10 days worth of power for the average house if you exclude energy for heat. "Power within your house for a whole day is just 10% of your car battery. And then the day after, you can just ride back to work, charge your car, again, probably solar power from the roof of your office and do the same thing again, tomorrow if necessary." EVs both expand the demand on the grid but also create an entirely new energy customer relationship, which is up for grabs. We talk through what this means, and the implications for fuel retailers. "Imagine you're a car brand and you want to really encapsulate your customer, and you want to really be close to them, and you sell them an electric vehicle that you want to help them charge as clean as possible. Because if not, he's going to find it somewhere else, and you lose this customer touchpoint." Nick Verhoeven is a Strategic Accounts Manager with Jedlix, a smart meter technology company based in the Netherlands. From his first career in energy sales at an oil and gas major, Nick became increasingly exposed to renewable energy, and transitioned to the world of electric vehicles (EV) which do not use hydrocarbon fuels. "Don't forget, an electric car uses pretty much the same amount of power in a year as a house does. So having a household with an electric car pretty much means two clients [for a power utility]." His energy background is an asset in navigating the world of EV, which is more complex and multi-party than fossil fuel markets. At Jedlix he is responsible for building out the market for vehicle energy management solutions. USEFUL LINKS LinkedIn profiles (personal, business): Personal: http://www.linkedin.com/in/nickverhoeven90 Business: https://www.linkedin.com/company/10317294/admin/ Facebook pages: https://www.facebook.com/Jedlix/ Website: For businesses: https://www.jedlix.com/ For consumers: https://www.jedlix.com/evdrivers…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 Energy Needs A Label of Origin. What Are We Waiting For 13:45
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13:45An ad campaign asks the provocative question: if oil and gas came with a label, what would it say? The Canadian Energy Center (CEC), a government-owned corporation, is tasked with promoting Canada as a supplier of choice for responsibly produced energy. The country’s energy industry (oil, gas, power) prides itself on its ability to meet the highest regulatory standards, its track record on environmental performance, and the general transparency of its operations, but lacks a means to give voice to these accomplishments without sounding self-serving. The CEC helps solve for this gap, and to counter the many voices keen to sway public and political opinion to oppose the energy industry in all aspects of its business. Fortunately, the wave of digital innovations that have transformed many other markets (financial services, telecoms, entertainment), is about to have the same positive impacts on energy. The building blocks that enable democratic choice for energy products enabled by labelling energy are falling into place. These components—internet of things, cloud computing, blockchain—allow for the tracking and tracing of energy products completely throughout their independent and increasingly interconnected value chains. I ask why energy doesn’t come with a label, and how to give it one.…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 Digital Transformation in Oil and Gas Becomes Urgent 13:00
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13:00Digital transformation has been sweeping across society for over a decade now, and has finally arrived in oil and gas. Digital has been a thing in our society now for over a decade. Digital businesses and models have so thoroughly permeated our daily personal lives that we are startled when we encounter the odd business that is still operating as if smart phones and websites don’t exist. For oil and gas companies, the industrial logic of digital adoption is now both economic and existential. Digital pays for itself in cost, productivity and emissions gains, and without it, industry has little chance to attract the talent and capital it needs to evolve and adopt new business models. If oil and gas doesn’t actuate its culture to embrace digital with urgency, it becomes increasingly difficult to attract capital, and impossible to attract talent. Fortunately, capital markets have not declared any energy company yet in a break out from the pack, so there is time. There is no Tesla yet among energy majors. New business models await. Our sluggish response so far needs a boost of urgency.…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 How Will The Latest Plug And Play Cohort Pan Out? 12:45
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12:45Plug And Play, a well regarded technology incubator from Silicon Valley has announced a new cohort of Sustainability start ups that they will guide through their process. They help run innovation programs for corporates and accelerator programs for startups, across a suite of industries, including energy. You might recognize some of the small brands that they’ve nurtured — Google , PayPal , and Dropbox . Plug And Play has hundreds of corporate partners, billions in accessible capital, and access to thousands of startups. Of the cohort, the majority, if not all, have some kind of hard technology component (sensors, vessels, charging stations, reactors, windmills, solar panels). This makes sense—the energy industry is all about molecules and electrons, chemistry and physics, steel and cement, heat, pressure and force. For most of the plays, you have to read between the lines to detect whether there is a digital layer to the solution. Here’s a handful of items that you might want to keep an eye on during the upcoming quarter.…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 Carbon, Capital, and the Cloud – A Summary 14:27
14:27
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14:27My first book, ‘ Bits, Bytes, and Barrels: The Digital Transformation of Oil and Gas ’, set out the business case for the oil and gas industry to adopt digital innovations to lower costs and improve asset productivity. It described a way for oil and gas companies to develop digital strategy, but was relatively light on the how of digital adoption, reflecting the industry’s relatively low level of adoption. ‘ Carbon, Capital, and the Cloud: A Playbook for Digital Oil and Gas ’ picks up the story where ‘Bits, Bytes, and Barrels’ ended, with the current state of the industry, the rapidly evolving technologies, the emerging business models, and the pressures on change management. To make the book practical, it includes nine case studies of companies drawn from across the oil and gas industry who are moving ahead with digital adoption. I believe every company working in oil and gas, and energy more broadly, can find their own version of the sweet spot, and claim it for their own. It’s not too late. The real challenge is not even technical, but rather the gap between our ability to innovate and the pace by which we can help people adopt innovation. The winners are going to be those that figure out how to close that gap, at scale.…
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Digital Innovations in Oil and Gas with Geoffrey Cann
1 Getting Clean Data From Less Than Clean Places 12:27
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12:27An oft-identified barrier to adopting digital innovations in oil and gas is that the data is too ‘dirty’. But is it true? It’s not at all surprising that the data assets of oil and gas companies are viewed with suspicion by those tasked with figuring out how to exploit digital, and by extension, data. Much of that data originates in places that are cold, dark, wet and muddy. It’s easy to assume that it’s the conditions that make for poor quality data. But that’s not the whole story. Questionable data looks all but inevitable in an industry that works where it is cold, dark, wet and muddy. However, the reaction to, and treatment of, dirty data is well within the control of leaders in oil and gas charged with digital deployment. Immediate tactics are helpful, but we are only going to be more digital in the future, so longer term changes are the way to go.…
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