Digital Innovations in Oil and Gas with Geoffrey Cann

Today's podcast episode is a chat with Mike McLean , the CEO of the Innovation Asset Collective , also known as the IP Collective. The IAC is a nonprofit which helps organizations and individual innovators capture revenue for their intellectual property. We'll be taking a look at the state of IP ownership in Canada, as well as the importance of IP ownership in a digital economy.  Duration: 31m 58s

A digital twin of an operating facility is more than just a clone. The idea of a digital twin is not a foreign idea in oil and gas. I think the first examples of creating a digital version of an asset originated with the geology team. There's now enough technology horsepower available at relatively low cost, that any business can build a fully functioning end-to-end digital twin of their business....

A fossil fuel-producing jurisdiction has decided to tax electric cars because they exist. The wrinkle in this new tax model is that it replaces a consumption tax with a flat tax. This might be fine in some instances, but there's a risk of inadvertently introducing unintended consequences. Why not enroll the electric car owners of Saskatchewan in trials of new technology to create a usage-based mod...

A non fungible token or NFT for a digital work of art sold recently for several million in crypto currency. An NFT is a certificate of ownership for a non fungible asset that is stored immutably on a blockchain ledger. Like many technologies that come first to other industries, NFTs will eventually find a home in oil and gas.  Duration: 10m 53s

Companies working in the energy sector are, or soon will be, on their own self-defined pathways to achieve carbon zero or carbon neutral business profiles. In my view, digital innovations will play a decisive role. Digital tools can lower costs, improve productivity, create new business models and lower carbon emissions. Duration: 11m 18s

Today's podcast is with Jonathan Kohn of BitPetro. BitPetro is a midstream company which purchases natural gas from Upstream operators which would otherwise be flared or stranded. This gas is then used to power bitcoin mining operations. Today we discuss the implications and impacts of blockchain and crypto currency on the energy sector .  Duration: 35m 36s

Today's episode is an interview with Rama Sreenivasan , the CEO and co-founder of Blitzz. Blitzz provides the tools for remote, AR-driven inspections of heavy assets, allowing for safe, quick inspections of remote assets, with little to no driving time. Today we discuss how this applied in oil and gas, and the implications on carbon emissions for remote inspections. Duration: 31m 54s

Today's podcast is a chat with Guillermo Salazar , the CEO of ICwhatUC. Utilizing augmented reality technology, ICwhatUC creates a virtual work environment to allow for experts to guide customers in rep[airing their own assets. We look into the topic of repair, maintenance, and virtualized work in general, and how augmented reality is changing the game.  Duration: 36m 07s

Today's podcast is with Doug Kibler , the Solution Principal at IAMTech . They focus on asset management solutions for energy companies, particularly where there are many remote assets like upstream and midstream. Today we discuss new solutions in this field, and what the future looks like.  Duration: 35m 07s

For all the talk about energy transition, many things remain unexplained. What feels like a fast moving train isn't, and what looks like a quickly arriving destination is still a long ways off. Here are four that puzzle me about how transition will work. At least they keep me amused. Duration: 10m 51s

Today's podcast is a chat with Jordan Kyriakidis , the CEO and Co-founder of QRA Corp. QRA Corp handles specification and engineering data for projects such that it is consistent, well-written, and error free. Today we discuss their role in improving standards in the oil and gas industry and the challenge of maintaining clear specifications.  Duration: 34m 05s

Today's episode is a talk with Glenn Kelley , the president of Muddy Boots Online. Muddy Boots provides a cloud-based platform for field operational data, allowing for faster and more efficient operations and compliance. Today we discuss how digital is impacting field work and why cloud is so transformative.  Duration: 33m 55s

In the rush to exploit digital innovations, the oil and gas industry may not be paying close attention to the ethical questions associated with digital adoption. It might not be that obvious but there are indeed vexing ethical questions lurking behind the use of digital tools in oil and gas. I suppose these questions might be trivial in the eyes of the industry, but there is still merit in at leas...

Digital innovations are slowly unleashing the digital front line oil worker, but are the workers ready to deal with the change? For the past 20 years, hiring practices for front-line oil and gas have been careful to recruit individuals with the requisite hard skills, and not the soft skills that best exploit digital. This will need to change in the near future.  Duration: 10m 21s

Today's episode is a chat with Andrea Petrone , who runs AP Executive Coaching . After a long career in oil and gas, Andrea now coaches executives on change management and getting the most of of their business. Today we discuss the issue of change - be it digital or regulatory - in oil and gas.  Duration: 32m 15s

Your digital transformation likely requires people with specific skills that are unlikely to be in your company. There are many ways to get the help you need for your digital transformation journey, and it starts with having a guide who can take you to the summit. But luck is not a good business strategy. To move your digital agenda forward, you need pick carefully.  Duration: 11m 10s

This episode is produced with the help of Datagration . As we can see from Amazon, Apple, Uber, and AirBnB, platform solutions are the future. They allow companies to implement change much faster. Platform solutions save time and money and improve business decision quality. And now there are even specific platforms for oil and gas. Duration: 12m 38s  

ESG (Environment and Social Governance) and digital transformation pressures are hammering the fortunes of oil and gas. ESG thinking has come about because traditionally, the production and consumption decisions that countries, enterprises and individuals make typically place a priority on short term and narrow criteria. But digital can also help accelerate the ESG agenda.  Duration: 11m 28s

Because of remote working, we are now all video producers and audio engineers. To be career competitive, we need to get much better at these new demands. If you want to have the same impact in your new virtual and on-line world as you had in person, think of yourself as a video producer and audio engineer.  Duration: 9m 32s

There is no better candidate industry for edge computing than oil and gas, and it's a wonder that the edge isn't closer than it should be. Legacy SCADA systems have become long-in-the-teeth, and new sensors and edge devices will provide new horsepower to remote assets. But what is Edge computing, and how will it come to replace SCADA? Duration: 10m 30s

Today's episode is with Floyd Baker , the VP of Antea USA. Antea is an asset integrity management software company, providing services to many leading energy, utility, petrochemical, and other industrial players. Today's talk goes over the remoteness and challenges of oil and gas asset integrity, and what Antea is doing to help.  Duration: 32m 37s

Today's podcast is with Matt Stambaugh , the director of information and geospatial technology at GeoVerra. GeoVerra  is a geomatics firm that does surveys in a variety of settings and industries. Today we discuss 3D spatial data, how to manage it, and how exploration is changing.  Duration: 35m 28s

Today's episode is a chat with Philip Black , currently working on digital and energy for Wood PLC out of Australia. Wood is working on engineering new solutions for the energy industry. Lately, they have been focusing on digital and where it plays in energy. Today we discuss those changes and innovations.  Duration: 34m 32s

Today's podcast is a chat with Matthew Iak , the Executive VP of finance in U.S. Energy Development Corporation. U.S. Energy is an E&P company operating across the US and Canada. Today we are focused on the finance and capital side of the question, and some of the challenges facing oil and gas in capital markets.  Duration: 37m 24s

Today's podcast is with Donna King , the founder of Energy Point LLC. Energy Point is a consulting and accounting firm that specializes in land and asset management. Today we discuss this side of the industry and how it's been impacted as of 2021.  Duration: 33m 20s