Energy Bytes EP 32: Inside Pecan Estimate: The Zillow of Minerals Rights
Tracy and Jason discuss how their innovative platform is transforming the mineral rights industry, making it more accessible and transparent. They explain how Pecan Estimate uses AI and technology to simplify the valuation process, providing much-needed clarity in the often complex world of mineral trading. Listeners will learn how Tracy and Jason identified a gap in the market and developed a solution that empowers mineral owners, offering valuable insights into the future of mineral rights management and how technology is driving change.
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Click here to watch a video of this episode.0:00 - Intro
1:24 - PecanTree Oil & Gas Overview
3:59 - PecanTree's Core Operations
9:55 - Mineral Estate Appraisal Explained
11:00 - Starting Tech Stack at Pecan Estimate
13:40 - Navigating Self-Funding & Bootstrapping
17:54 - Initial ETL Process at Pecan Estimate
20:08 - Pondera Origin Story
29:53 - Entering the Oil & Gas Industry
34:37 - Educational Insights for Oil & Gas Careers
36:23 - USC Smart Oilfield Tech Program
40:34 - Real-World Application Development
41:56 - Transitioning to AWS Database
42:05 - Accessing Public Data for Energy Projects
43:44 - Spotify Model in Tech Startups
44:50 - Cloud Computing FUD Demystified
49:10 - Building Custom Solutions from Scratch
49:35 - Data Flow Architecture at Pecan Estimate
51:25 - Pecan Estimate's Predictive Model
53:10 - Analysis Time Frame for Mineral Reports
54:34 - Unique Challenges in East Texas
56:40 - Importance of Early Launches
59:10 - Mapping Software for Mineral Rights
1:02:05 - Previous Employment Insights
1:03:45 - App Deployment Strategies
1:05:25 - Necessity of New Tech Tools
1:09:25 - Programming Languages at Pecan Estimate
1:11:13 - Fun Facts About the Team
1:13:06 - Influential Figures in Energy Tech
1:13:54 - Recommended Tech Libraries
1:17:08 - Finding Joy in Energy Tech
1:18:30 - Modern Marketing Strategies
1:19:15 - Discover More About Pecan Estimate
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