

Automated Rig Technologies on Oil and Gas Startups
Jan 31, 2022
53:34
Entrepreneurship is a lonely journey. We go down the rabbit hole of Andrew Richard’s successes, failures, mental health and the building of Automated Rig Technologies.
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00:00 - Intro
00:25 - How Andrew and Colin Met
02:02 - Automated Rig Technologies Overview
05:22 - The Automated Derrick Explained
07:45 - Selling Iron Derrickman to Weatherford
09:56 - Mental Health and Entrepreneurship Insights
12:24 - Starting Xerxes: Journey and Vision
16:44 - Returning to the Whiteboard: A Reflection
19:06 - Future Plans for Xerxes
21:50 - The Value of Communities in Business
27:55 - The Metaverse's Impact on Oil and Gas
29:15 - Web 3 and the Metaverse Explained
32:50 - Democratization of Money in Tech
33:50 - Autobots Drilling Innovations
38:30 - How the JPI Works on a Snubbing Unit
45:10 - Testing the JPI on a Snubbing Unit
48:30 - Where to Find Automated Rig Technologies
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