Kate Stevenson from Novus Consulting joins us to unpack the crucial role of data and tech in modernizing the energy industry. With experience from Accenture to Chesapeake, Kate’s seen it all—she’s now using that expertise at Novus to tackle one of the industry’s biggest challenges: data management. Clean, organized data is the bedrock for everything from AI to streamlined operations, and Kate breaks down how Novus helps energy companies get their data in order, even during tricky M&A transitions. We also dive into the future of field operations tech, from automating workflows to optimizing lease operator tasks. Kate shares insights on the midstream sector’s shift towards SaaS and standardized processes, creating real efficiencies and cost savings. Plus, she touches on Bitcoin mining's unexpected ties with energy management, hinting at new synergies between oil and crypto. It’s a fascinating look at how data and tech are reshaping energy, and Kate’s here to guide us through it.
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00:00 - Intro
01:03 - Novas Consulting Overview
01:41 - Kate’s Professional Background
05:44 - Passion for Consulting
07:33 - Due Diligence in M&A
09:18 - Surprises in the Consulting Industry
13:08 - Breaking Departmental Silos
16:53 - Current Industry Conversations
20:37 - Impact of AI in Consulting
22:58 - Staying Relevant in Consulting
23:50 - Industry Leaning Trends
25:10 - Independents vs Super Majors
27:10 - Data Contextualization for AI
29:00 - M&A Season Insights
30:20 - Midstream vs Upstream Analysis
31:30 - Bitcoin Mining Overview
33:17 - Energy Implications of Bitcoin Mining
33:45 - Complexity in Energy Markets
34:02 - Closing Remarks
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