The oil and gas industry is grappling with a workforce shortage and the need for efficient data collection, transfer, and control systems. Traditional methods of regulating artificial lift types, a crucial process in oil and gas extraction, are proving insufficient for the growing demands of the industry. Austin de Graaf, an engineer and oil field operations expert, shares his insights on the Boomerang system, a cutting-edge technology aiming to revolutionize oil and gas field operations using cloud-native microservices and an edge device for efficient data collection, transfer, and well control. The system uses complex control to regulate artificial lift types, an essential oil and gas extraction process. By incorporating machine learning and AI, Boomerang plans to develop more intelligent control systems in the future.
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Click here to view the episode transcript.
00:00 - Intro
01:59 - What is SCADA System
04:05 - Types of Artificial Lift
08:15 - Goals of Complete Control
13:18 - EnergyX Overview
14:16 - Boomerang Technology
18:15 - Data Transmission and Storage Solutions
19:38 - Starlink Applications in Oilfield
23:28 - Boomerang Business Model Explained
24:10 - Future Plans for Boomerang
25:58 - EnergyTech Startup Showcase
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