Digital Innovations in Oil and Gas with Geoffrey Cann
382 episodes - English - Latest episode: 10 days ago - ★★★★★ - 13 ratingsA weekly podcast on the impacts of digital on the oil and gas industry.
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Episodes
Andrew McMurray on Improving Fracking Success Using Digital
June 28, 2023 12:30 - 35 minutes - 49 MB"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...
Eight Things You Didn’t Know About LNG
June 22, 2023 12:30 - 13 minutes - 18.6 MBI’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 gloom...
Mike Procee On Setting Up a Corporate Innovation Capability
June 21, 2023 12:30 - 36 minutes - 50.2 MBIn 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...
Creating A Data Culture in Oil and Gas
June 15, 2023 16:21 - 14 minutes - 19.9 MBA 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 An...
Andrea Hine on The Mobile Worker in Oil and Gas
June 14, 2023 12:30 - 33 minutes - 45.8 MB“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. Th...
Energy Transition Already Killing Off Long Life Assets
June 08, 2023 12:30 - 13 minutes - 17.9 MBAs 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 gre...
Beware The Digital Ides of March
June 01, 2023 12:30 - 11 minutes - 16.2 MBA 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 an...
How Virtual Power Plants Will Strand Power Generation
May 25, 2023 17:48 - 11 minutes - 16.4 MBThe 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 aci...
How ChatGPT Will Eat Oil and Gas
May 18, 2023 12:30 - 13 minutes - 18.7 MBNew 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 pot...
Riley O’Donnell on Using Digital Tools To Help Upstream With Optimization
May 17, 2023 12:30 - 37 minutes - 51.6 MB"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 i...
Overhauling Payments in Energy
May 11, 2023 12:30 - 13 minutes - 18 MBWith 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? O...
Chip Moldenhauer on The Transformation of Energy Infrastructure Data Analytics
May 10, 2023 12:30 - 33 minutes - 45.6 MB"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...
The Epic Contest for Tomorrow’s Energy Customer
May 04, 2023 12:30 - 13 minutes - 18.6 MBFor 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 contestabili...
Ken Fichtler on Using Digital Tools To Detect Worker Impairment
May 03, 2023 12:30 - 33 minutes - 46.2 MB"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 increas...
STEEPLE Chase: What Are the Relevant Macro Trends for 2023 and Why (Part 2)
April 27, 2023 12:30 - 11 minutes - 16.1 MBThis 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...
Patrick Ng on ChatGPT, Geothermal Energy, And Energy Transition
April 26, 2023 12:30 - 32 minutes - 44.5 MB"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 exi...
STEEPLE Chase: The Trends To Watch in 2023 and Beyond (Part 1)
April 20, 2023 12:30 - 12 minutes - 17 MBI 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,...
Tony Ciliberti on Better Quality Reliability Data and Its Overlooked Value
April 19, 2023 12:30 - 36 minutes - 50.7 MB"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 a...
Gastech 2022 – An Executive Summary
April 13, 2023 14:27 - 14 minutes - 20 MBThere 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)...
Digital and Energy Geopolitics
April 06, 2023 16:38 - 15 minutes - 21.6 MBThe 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...
Kate Allen on Overhauling the Asset Inspection Process with Digital Technologies
April 05, 2023 12:30 - 36 minutes - 49.6 MB"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 his...
TradeLens The Solution Has Sunk. Long Live TradeLens The Idea
March 30, 2023 12:30 - 13 minutes - 19 MBTradeLens, 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 under...
Ian Burgess on the Challenges of the Management of Data Measurement in Oil and Gas
March 29, 2023 12:30 - 1 hour - 92.4 MB"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 thor...
Specific Actions Managers Take To Drive Digital Adoption
March 23, 2023 12:30 - 12 minutes - 17.8 MBLeaders 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 in...
Bradley Wamboldt on Pathways for Innovation Adoption in Industry
March 22, 2023 12:30 - 36 minutes - 50.4 MB"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...
The World Petroleum Congress Revisits Calgary
March 16, 2023 16:02 - 15 minutes - 21 MBThe 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...
Mark Smith on 5 Predictions for the Oil and Gas Industry in 2023
March 15, 2023 12:30 - 34 minutes - 47.2 MB"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 A...
The CFOs Outsized Role In Digital Energy
March 09, 2023 15:44 - 13 minutes - 18.8 MBA 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,...
Nick Verhoeven on the Contest for the Electric Vehicle Battery Owner (Basically Everyone)
March 08, 2023 12:30 - 35 minutes - 49.2 MB"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 ...
Energy Needs A Label of Origin. What Are We Waiting For
March 02, 2023 12:30 - 13 minutes - 18.9 MBAn 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 ...
Digital Transformation in Oil and Gas Becomes Urgent
February 23, 2023 12:30 - 13 minutes - 17.9 MBDigital 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 existentia...
How Will The Latest Plug And Play Cohort Pan Out?
February 16, 2023 12:30 - 12 minutes - 17.5 MBPlug 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 acces...
Carbon, Capital, and the Cloud – A Summary
February 09, 2023 12:30 - 14 minutes - 19.8 MBMy 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 stor...
Getting Clean Data From Less Than Clean Places
February 02, 2023 12:30 - 12 minutes - 17.1 MBAn 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. Ques...
Austin Mitchell on Transforming Energy Finance Using Modern Digital Tools to Unlock Billions
February 01, 2023 12:30 - 37 minutes - 51.9 MB"For emissions in the sector that we studied, the 80/20 rule really applied, because it was 80% of the emissions coming from 20% of the facilities...For those 20% it was generally not the case that there wasn't an easy fix—better maintenance programs, or just even having an operator drive by and unstick a valve." In this episode, I’m in conversation with Austin Mitchell, the CEO and co-founder of Synota, on the topic of energy finance transformation. One of the legacy challenges of energy ...
Is Canadian Hydrogen A Solution To European Gas Woes?
January 26, 2023 12:30 - 13 minutes - 18.6 MBHydrogen is suddenly the sexiest commodity on earth, with even staid German statesmen visiting Canada of all places to ask for a piece of the action. For regular readers of this podcast, you’ll know that I’m an advocate for energy in general, and a pragmatist or realist when it comes to energy planning and delivery. I don’t pick sides as I believe we need all of all when it comes to meeting the planet’s energy needs affordably, sustainably and securely. But I also believe we need to be cle...
Train Your Front Line Worker On Digital To Boost Your Success
January 19, 2023 12:30 - 8 minutes - 12 MBThe front line worker in oil and gas has been overlooked in the drive to bring digital innovation to the industry. The career success for this group of employees is likely linked to how well they stay abreast of important developments in the industry, from the impacts of new regulations dealing with climate change to the changing energy demand and supply patterns driven by the war in Europe. To a degree they are paid to stay on top of things, and may have a small expense allowance to spen...
Why (and How) You Should Leverage Your Construction Data in Operations
January 18, 2023 12:30 - 32 minutes - 44.5 MB"We estimate that potentially 25 to 30% of the overall effort on smaller brownfield projects is in just trying to find reliable records that can be edited and updated to address whatever project you're trying to do." In this episode, I’m in conversation with Scott Mussbacher, who is the Systems Integration Business Unit Manager at Vista Projects, an engineering, procurement and construction company based in Calgary. Construction engineering is critical to the oil and gas industry becaus...
The Magical New Platform Hidden in Your ERP System
January 12, 2023 12:30 - 13 minutes - 19 MBIncoming waves of new digital innovations promise to transform a hidden but important business model embedded throughout oil and gas—the ERP platform. You might not know this, but many years ago, when I was on my way to becoming a partner with Deloitte, I studied how to implement enterprise resource planning (ERP) technologies, specifically PeopleSoft. I took a number of courses at their offices in Walnut Creek California on the Finance modules. But in the oil and gas world, SAP became the...
Is Canada A Competitive LNG Supplier for Europe?
December 15, 2022 12:30 - 16 minutes - 22.7 MBIs Canada really a plausible supplier of liquefied natural gas (LNG) to European markets? I spent four years working on the Australian LNG export businesses, and wrote 200+ articles about the global LNG trade, how it works, what’s needed for success, and how to be competitive. An LNG supply window has just opened but how well is Canada equipped to supply? The enthusiasm for Canada to step up and become a viable and globally relevant LNG supplier to one of the world’s most important markets...
How Blockchain Unlocks Hundreds of Millions in Seismic Value
December 14, 2022 12:30 - 31 minutes - 42.9 MB"We don't lead with Blockchain, we lead with the value." In this episode, I’m in conversation with Victor Wong, who is the Chief Product Officer and Founder of BlockApps, on the problem of seismic entitlement management for upstream oil and gas companies. Seismic data is long life, frequently changes hands, very high value, multi-format, and gains in value as interpretation technology advances. The administration of the rules of use and access, called entitlements, are contracted between c...
Why Is Gasoline So Pricey
December 08, 2022 12:30 - 14 minutes - 20.3 MBGasoline prices have been off the charts volatile for the past several weeks. Excess volatility will be an unpleasant feature for western markets for just 20 more years. Gosh, but gasoline prices are elevated. Like record-setting elevated. Car owners grumble about the high cost of fuel, yet people are furiously driving around, rental cars are scarce, new car lots are sparse, and used cars are in short supply. I have yet to even meet anyone in my circle who has put their F150 up for sale....
How Data Science Improves Process Engineering Performance
December 07, 2022 12:30 - 33 minutes - 46.4 MB"You can't really connect the dots moving forward, but you can connect them backwards once you make sense of it." In this episode, I’m in conversation with Christian Retek who is the Chief Revenue Officer at Flutura. The topic is ‘process engineer meets data science’. You can substitute any engineering discipline for process engineering, and the concepts in this episode still hold—how do you introduce data science ideas and solutions into highly risk-averse, change-hesitant industries like...
How Modern Sensor Technology Enhances Digital Oil and Gas
November 30, 2022 12:32 - 32 minutes - 45.1 MB“For anyone to succeed in this space, they have to really think about the design for the real world: how it's going day in and day out, how it will survive, and how it will be maintained.” In this episode, I’m in conversation with Lenny Shaver, who is Director of Strategic Marketing at Advanced Energy, in the critical sensing and control product group. Sensor technology, the source of data for digital business, is rapidly evolving. New use cases are appearing that improve safety and enhanc...
Goodbye Gasoline, Hello Copper
November 24, 2022 12:30 - 15 minutes - 21.1 MBAs the world moves to electrify its transportation services, it will slightly turn away from oil, and dramatically towards an alternate range of commodities, leading to new and different supply risks and opportunities. Electric power plants, motors and generators are well proven technologies, and the techniques for manufacturing electric systems are well understood. Not much novelty there. R&D in batteries continues apace. The problem is that the raw materials for a wholesale shift to batt...
Unleashing Edge Computing for Oil and Gas’ Massive Edge Opportunity
November 23, 2022 12:30 - 34 minutes - 47 MB"So you come in with something innovative, right? You come in with with a digital solution. And one of the very first things we hear when you're deploying something digital, again, is, hey, look at it sounds great once you get the data in there, but I'm wearing all this PPE, I'm wearing gloves or oil spray, and all over the place. It's hot." In this episode, I’m in conversation with Rudy de Anda, who is head of Strategic Alliances with Stratus Technologies. The industrial internet of thing...
What CFOs Should Do About Carbon (Part 2 of 2)
November 17, 2022 12:30 - 13 minutes - 18.1 MBWith carbon increasingly on the corporate agenda, how can CFOs turn what looks like a huge liability into a fantastic opportunity. This is the conclusion to a two-part series on the impact that society’s new emphasis on carbon emissions will have on the corporate Chief Financial Officer (CFO). In Part 1 of this series, I highlighted the many ways that carbon-related issues will have in disrupting the usual nighttime slumber of the oil and gas CFO. Suffice to say, it’s one hot mess. There...
Why Oil and Gas Lags in Cyber and What To Do About It
November 16, 2022 12:30 - 35 minutes - 49 MB"The network people are worried about data being stolen. The engineers are worried about a process being affected. This is where our big difference lies." In this episode, I’m in conversation with Joe Weiss, who is the Managing Partner, of Applied Control Solutions, and Managing Director of ISA99. The ISA99 committee establishes standards and practices for defining procedures for implementing electronically secure manufacturing and control systems and security practices and assessing elect...
Why CFOs Are Terrified of Carbon (Part 1 of 2)
November 10, 2022 12:30 - 11 minutes - 16.4 MBCarbon pressures are mounting and it’s the Chief Financial Officer who is the most alarmed about carbon impacts on the business. And they’re right to be concerned. Global interest in all things carbon is keeping CFOs up at night. No, that’s not quite correct—it’s terrifying them beyond reason. And it has to. Every year the price of carbon keeps rising, companies are struggling to hit their carbon targets, and the curve keeps getting steeper and steeper. Miss your 4% target this year and ne...
Improving Capital Allocation For Shale Plays
November 02, 2022 12:30 - 36 minutes - 50.7 MB"I felt the industry needed a more advanced methods of determining outcomes before millions of dollars were spent..." In this episode, I’m in conversation with Jon Ludwig who is the President and co-founder of Novi Labs, a data platform for the upstream oil and gas industry. Jon is a serial entrepreneur with a background in finance and oil and gas, who was struck by the challenge facing on-shore oil and gas producers when they allocate capital to well programs. Legacy ways of forecasting ...