Navigating Green Compliance
Digital Innovations in Oil and Gas with Geoffrey Cann
Release Date: 11/22/2024
Digital Innovations in Oil and Gas with Geoffrey Cann
AI is transforming oil and gas, but not all AI is created equal. Many companies have wasted millions on failed AI projects, chasing optimization without real breakthroughs. But what if AI could think like a scientist—applying physics and chemistry to accelerate decision-making and innovation? In this episode, , Head of Sales for Energy at , explains how their science-based AI is reshaping everything from production forecasting to molecular design. Unlike traditional generative AI, which relies on pattern recognition, NobleAI operates on scientific principles, enabling faster, more accurate...
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The definition of insanity is doing the same thing over and over again, expecting a different outcome. In oil and gas, we do the same thing over and over, knowing the outcome will vary—but believing we’re optimizing it. With billions at stake, the industry needs better ways to react in real time. As capital market pressures rise and companies consolidate, optimization is no longer optional—it’s survival. The days of a “sand disposal” mentality in hydraulic fracturing are fading. Operators need data-driven decision-making to improve well performance, cut waste, and reduce risks....
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Energy markets are undergoing a profound transformation. With demand shifting, new energy sources emerging, and digital infrastructure consuming more power than ever, the need for accurate, data-driven decision-making has never been greater. Companies must now navigate uncertainty with smarter forecasting tools, leveraging AI and real-time analytics to stay ahead. However, traditional forecasting models often fail to capture the full picture. New energy sources like solar and battery storage are disrupting the grid, while AI-driven data centers are reshaping electricity demand. At the same...
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Oil and gas workers operate in extreme conditions, such as the Gulf and the Permian Basin, where the intense heat and high humidity create very hazardous conditions. You lose a lot of body moisture just surviving in those settings. Most of us know to take a drink of water when we’re thirsty, but in those places, by the time you’re thirsty, you’re already at risk. Is there a better way to measure dehydration risk before it becomes a safety hazard? In this episode, I sit down with , Chief Revenue Officer of s, to discuss a nifty wearable device that tracks sweat loss,...
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The oil and gas industry has long relied on surface data and the expertise of seasoned operators to manage the complexities of downhole operations. However, as wells become deeper, laterals longer, and conditions more extreme, the human expert can struggle to address the expanded downhole complexity. Consistency, efficiency, and precision have become increasingly difficult to achieve. This growing complexity presents significant challenges. Operators must interpret inconsistent surface data while contending with extreme pressures, weights, and temperatures. Without real-time visibility...
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Direct air carbon capture will be required to remove excess CO2 from the atmosphere while we wind down fossil fuel combustion, and a new technology based on graphene and amine coated ceramic pearls or spheres may be the missing link. The direct air capture methods deployed to date struggle with their enormous scale, their energy intensity, and operating costs. They can require hundreds of dollars per ton of CO2 removed, large land footprints, and available geology to sequester the carbon underground. Economically, they can't pay their own way without permanent subsidies. Many entrepreneurs are...
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Pipelines are often thought of as simple logistics channels, but in reality, they operate more like sprawling processing plants. This complexity has long been underserved by outdated control systems that lack the sophistication of modern software. The challenge is clear: legacy systems are hindering efficiency, sustainability, and even talent retention as younger generations expect better tools in the workplace. How do we overcome this inertia? In this latest episode I catch up with Vicki Knott, Co-Founder and CEO of Crux OCM, whose exciting work is transforming pipeline control rooms...
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The petrochemical industry has traditionally been slow to adopt new technologies, often hindered by legacy systems, risk-averse cultures, and scattered data. However, as global competition and sustainability pressures mount, companies like Nova Chemicals are turning to digital transformation to drive operational efficiency and sustainability. Nova Chemicals recognized the untapped potential in its decades of operational data and began its digital journey with a bold vision. By leveraging advanced tools, such as AI-driven predictive maintenance, the company has revolutionized its...
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The fuel products supply chain is long and complicated, handling the movement of massive volumes of fungible, dangerous, and valuable products in millions of small lots. Despite its criticality, this part of the industry is often overlooked, but can benefit from the modern tools that are finding their way into many industries. I was curious just how deeply our modern digital tools have penetrated the supply chain. There's no one better to discuss this topic than , VP and General Manager of Energy and Refined Fuels at . DTN touches some 85% of the liquid fuel molecules in the US,...
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The energy industry faces a dual challenge: addressing the growing skills gap as experienced workers retire, and attracting a tech-savvy younger workforce. Meanwhile, digital transformation is reshaping the landscape, introducing complex tools like AI and automation into traditional workflows. In this episode, I interview Ron Crabtree, CEO of MetaOps and MetaExperts, about bridging the workforce gap. The interview considers how companies can identify critical skills for the future, implement effective mentorship programs, and create the kinds of roles that attract and retain young talent. We...
info_outlineAre 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.
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Disclaimer:
The views expressed in this podcast are my own and do not constitute professional advice.
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👉 https://digitaloilgas.substack.com/p/navigating-green-compliance