Ryan Rice, Founder of ResNet explore how gamification is transforming the energy industry. Ryan shares his journey from the oil fields to creating ResNet, emphasizing the role of AI and digital tools in improving operational efficiency. The discussion delves into the challenges of energy independence, the innovative tech stacks driving change, and ResNet’s mission to deliver user-friendly solutions. Ryan also offers insights into the future of gamification and its potential to enhance industry performance.
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Click here to watch a video of this episode.0:00 - Introduction to Energy Bytes Podcast
3:58 - ResNet Founding Story
9:49 - Motivations Behind Starting ResNet
12:20 - Pioneering Energy Tech Innovations
19:20 - Enhancing Industry Transparency
26:25 - Tech Evolution in Energy Sector
28:32 - Citizen Developer Impact
31:13 - Navigating Business Uncertainties
34:07 - Role of Empathy in Tech
36:40 - Technology Decision Making
42:50 - Arps Decline Curve Customization
44:40 - Distribution Normalization Techniques
46:40 - Machine Learning Explainability
47:57 - Simplifying Non-Linear Equations
49:40 - Comparing Physical and Statistical Models
52:30 - The Need for Model Explainability
55:20 - ResNet Business Insights
56:45 - Design Philosophy of ResX Platform
59:54 - ResX Platform Benefits Overview
1:06:45 - Gamification in ResFrac's Design
1:07:28 - Importance of User Experience
1:08:28 - Gamification Experience at Rice Energy
1:17:57 - Quick-Fire Question Round
1:19:49 - Social Media Recommendations
1:20:28 - Favorite Coding Packages
1:20:52 - Personal Preferences: Mountain vs Beach
1:21:16 - Career Advice in Energy Tech
1:23:00 - Connecting with Ryan Rice
1:23:33 - Contacting ResNet
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