Where Energy meets Facts
Digital Oil and Gas
by Geoffrey Cann
13h ago
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 ..read more
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Propelling Procurement
Digital Oil and Gas
by Geoffrey Cann
1w ago
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goods for the upstream industry still have to wrestle with supplier-specific ordering portals and search, complex and out of date company product catalogues, which hampers price discovery, procurement efficiency, and price discovery. Tim ..read more
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Gas, Growth, and Green: Australia's Energy Transition Dilemma
Digital Oil and Gas
by Geoffrey Cann
3w ago
Australia 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 transitio ..read more
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How Satellites Expose Hidden Dangers
Digital Oil and Gas
by Geoffrey Cann
1M ago
About 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 dete ..read more
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Where Are Oil and Gas Prices Going in 2024, with Andrew Botterill
Digital Oil and Gas
by Geoffrey Cann
1M ago
Where 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 ..read more
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How AI Tools Capture Hidden Regulatory Value
Digital Oil and Gas
by Geoffrey Cann
2M ago
AI 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 ..read more
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A New Vision for the Oil and Gas Supply Chain
Digital Oil and Gas
by Geoffrey Cann
2M ago
In 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 ..read more
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Four Supply and Demand Imbalances That Foreshadow Energy Risk
Digital Oil and Gas
by Geoffrey Cann
2M ago
Business 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 ..read more
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How To Keep Your Digital Oil and Gas Job
Digital Oil and Gas
by Geoffrey Cann
2M ago
If 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 ..read more
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How Digital Twin Technology Is Evolving to Full Interoperability
Digital Oil and Gas
by Geoffrey Cann
3M ago
Digital 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 ..read more
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