This week, we sit down with John Ferrell, CEO and co-founder of WellDatabase, to unpack the wild ride of turning messy energy data into actionable insights. From trading the city hustle for the Montana mountains to tackling the challenges of selling top-notch, affordable solutions to enterprise giants, John shares the highs and lows of building a game-changing platform. We dig into the magic of clean, usable data, the balance between AI and good old-fashioned physics, and even how blockchain could shake up gas trading. With candid reflections on startups, funding, and the power of sticking to a vision, this episode is a must-listen for anyone curious about the future of energy and data.
https://welldatabase.com/
https://www.linkedin.com/in/johnferrellsr/
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Click here to watch a video of this episode.Click here to view the episode transcript.
00:00 - Overview of WellDatabase
08:44 - Changes in the Last 4 Years
09:45 - Breaking the "Do Everything" Mindset
12:48 - Selling Strategies for Enterprises
15:51 - Lessons Learned the Hard Way
17:04 - Benefits of Not Taking Capital
24:21 - Evolution of Vision Over the Years
25:35 - Defining the North Star for WellDatabase
27:32 - AI's Role in Oil and Gas Industry
31:03 - Importance of Data Transparency
33:10 - Challenges in Machine Learning Projects
35:41 - Where to Find John
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