Digital Innovations in Oil and Gas with Geoffrey Cann cover image

Digital Innovations in Oil and Gas with Geoffrey Cann

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May 8, 2024 • 33min

Tailor-Made Tech

In this episode, I’m in conversation with Serge Guzenko, Founder and CEO of Wezom, about custom code. With over 24 years of experience in the industry, Serge has led WEZOM to become an international IT company known for its innovative solutions and client-centric approach in developing custom code. Wezom is a global custom code business. I'm really interested in this niche and critical role of custom software development, particularly within the oil and gas industry. I start by asking Serge to explain the unique advantages of custom software. It's not obvious to oil and gas professionals, who view their businesses as generally undifferentiated, why they might value the flexibility and features that address the unique needs of the oil and gas sector. Custom solutions can be tailored to enhance operational efficiency, integrate with existing systems, and handle complex data management tasks that generic software often cannot. The discussion highlights several key factors to consider when opting for custom software, such as the specific operational needs of the company, unique requirements, and cost effectiveness. Serge points out areas within this sector that particularly benefit from custom solutions. We talk through cost of delivery, the need for ongoing maintenance, and the availability of skilled developers familiar with the industry’s nuances. Looking forward, Serges shares his view of the future of custom software development, featuring increased integration of AI tools that can further enhance the capabilities and efficiency of custom solutions. AI’s role in supporting coding work is only just starting. This episode not only highlights the persistent relevance of custom software development in a world dominated by generic ERP solutions but also illustrates its strategic importance in industries where customization can lead to significant competitive advantages and operational improvements. Serge is deeply passionate about his work and is dedicated to delivering exceptional results for his clients. Throughout his career, Serge has demonstrated strong leadership skills, overseeing a team of over 250 employees and delivering more than 1000 IT solutions for companies, enterprises, startups, and government entities. Wezom worked with projects of such companies as Metinvest, Aptiv, CooperHunter, and JohnDeer. Additional Tools & Resources:  🎬 Go backstage and check out my studio: 👉 https://geoffreycann.com/resources/ 🎓 Take my one day digital strategy training course for oil and gas: 👉 https://www.udemy.com/course/digital-oil-and-gas/?referralCode=0161D4D49AB75735A185 Connect with Me: 🖥️ Blog series: https://digitaloilgas.substack.com/ 🎧 Podcast: https://geoffreycann.com/broadcast/ 📇 Linkedin: https://www.linkedin.com/in/training-digital-oil-gas/ 🤬 X: https://twitter.com/geoffreycann Contact for Lectures and Keynotes: I speak regularly on these and other topics. Contact me to book a brief call about your upcoming event needs. Click here 👉 https://geoffreycann.com/contact/ Disclaimer: The views expressed in this video are my own and do not constitute professional advice. Connect with Serge: 📇 LinkedIn: https://www.linkedin.com/in/sergey-guzenko-wezom/ 📇 LinkedIn: https://www.linkedin.com/company/wezom/ 😡X: https://twitter.com/wezomcompany 👨‍💻Facebook: https://www.facebook.com/wezom.company 📸 Instagram: https://www.instagram.com/wezom001/ 📸 Instagram: https://www.instagram.com/wezom.company/ Clutch - https://clutch.co/profile/wezom#summary Pinterest https://ru.pinterest.com/wezom_company/ Youtube: https://www.youtube.com/@WEZOM_COMPANY 👩🏻‍💻https://wezom.com/
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Apr 24, 2024 • 40min

Where Energy meets Facts

Where Energy meets Facts: Empowering People to Reduce Energy Costs The average western consumer has no idea how much energy they use. It’s not really their fault — the energy system was never designed to give the consumer visibility into their energy consumption. We even measure energy in many different and confusing ways. Gasoline is in gallons. Power is in kilowatt hours. Propane is in pounds.  Structurally, energy companies are not incentivized to provide their consumers with data about their energy use. Collecting the data is a huge exercise in building integrations from various data sources to build up a picture of energy use. Households have many different energy suppliers (power and gas utilities, gasoline retailers), and there are many individual buyers.  It’s not clear consumers will pay for that insight.  Jotson is setting out to challenge that problem and fix it. To quote Mark Little, the CEO and co-founder, it’s baffling that mankind can put people into orbit around the planet, and land astronauts on the moon, but the average household can’t figure out how much they’re spending on energy. By giving consumers real data about their energy use, Jotson hopes to empower people to take charge of their energy consumption and to make better personal choices to reduce their demands on the energy system.  In this interview, I speak with Mark about his start up,  Jotson, and his mission to empower Canadians to manage household energy cost and consumption.  Mark has more than 35 years of leadership experience in the Canadian energy industry, including 23 years at Imperial/Exxon, and most recently as President & CEO at Suncor Energy. During his career, Mark has led large complex organizations working on multi-billion-dollar energy projects, from the conceptual design, development, and project implementation through to operations and maintenance.  Mark has led the startup and operation of large wind, solar, and biogas projects, and is one of the founding CEOs of Pathways Alliance, an initiative that sets the six largest oil sands companies in Canada on a path to reach net-zero CO2 emissions.   He is a board member of General Fusion, and an advisor to both the Coalition for a Better Future and Cycle Capital.  Mark holds two degrees – one in computer science from the University of Calgary, and one in applied petroleum engineering technology from the Southern Alberta Institute of Technology. He is also a graduate of the advanced management program at Harvard Business School.  From 2003 to 2007 he served as Honorary Colonel for the 409 and 441 Tactical Fighter Squadrons at 4 Wing Airforce Base in Cold Lake, AB; a role that reflected his commitment to the relationship between the Air Force, the community and industry. Mark was also the Recipient of the Canadian Council of Aboriginal Business’ Award for Excellence in Aboriginal Relations 2024. Additional Tools & Resources:  🎓 Take my one day digital strategy training course for oil and gas: 👉 https://www.udemy.com/course/digital-oil-and-gas/?referralCode=0161D4D49AB75735A185 You might find this related article of interest! 👉https://digitaloilgas.substack.com/p/the-epic-contest-for-tomorrows-energy-customer Connect with Me! 🖥️ Blog series: https://digitaloilgas.substack.com/ 🎧 Podcast: https://geoffreycann.com/broadcast/ 📇 Linkedin: https://www.linkedin.com/in/training-digital-oil-gas/ 🤬 X: https://twitter.com/geoffreycann Contacts for Lectures and Keynotes:  I speak regularly on these and other topics. Contact me to book a brief call about your upcoming event needs. Click here 👉 https://geoffreycann.com/contact/ Disclaimer:  The views expressed in this video are my own and do not constitute professional advice. Contacting the Guest: Mark Little 📧email : info@jotson.com 📇 LinkedIn: https://www.linkedin.com/in/mark-little-93b87530/ 👨‍💻http://www.jotson.com/
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Apr 17, 2024 • 35min

Propelling Procurement

Marketplace Launched! The upstream oil and gas supply chain is about to get a much needed boost in procurement efficiency with the launch of a new e-commerce marketplace. Such marketplaces are very common in the consumer industry (Amazon being an example), but rare to non-existent in oil and gas. Despite years of investment in big enterprise systems, buyers of goods for the upstream industry still have to wrestle with supplier-specific ordering portals and search, complex and out of date company product catalogues, which hampers price discovery, procurement efficiency, and price discovery. Time-pressured oil and gas project managers just bypass the agreed procedures, and order directly using procurement cards, which erodes the value of strategic sourcing agreements.  Imagine the possibilities of a marketplace specific to Canadian upstream oil and gas. Oilfield Marketplace Canada (or OFMP.ca) is a descendent of the very successful Oilfield Marketplace solution in the US but specific for the Canadian marketplace, with items that are certified for use in Canada and with Canadian prices and availability.  Check out this conversation with Steve Copeland, the general manager of the new Canadian Oil Field Marketplace. Steve spent 12 years with Cameron, and later with SLB after their acquisition of Cameron in 2015. Steve is from Calgary, and had an early career in field service gradually progressing to the role of National Sales Manager at Cameron. Additional Tools & Resources:  🎓 Take my one day digital strategy training course for oil and gas: 👉 https://www.udemy.com/course/digital-oil-and-gas/?referralCode=0161D4D49AB75735A185 Connect with Me! 🖥️ Blog series: https://digitaloilgas.substack.com/ 🎧 Podcast: https://geoffreycann.com/broadcast/ 📇 Linkedin: https://www.linkedin.com/in/training-digital-oil-gas/ 🤬 X: https://twitter.com/geoffreycann Contacts for Lectures and Keynotes:  I speak regularly on these and other topics. Contact me to book a brief call about your upcoming event needs. Click here 👉 https://geoffreycann.com/contact/ Disclaimer:  The views expressed in this video are my own and do not constitute professional advice. Contacting the Guest Steve Copeland 📧email : SCopeland2@theofmp.com 📇 LinkedIn: https://www.linkedin.com/in/steve-copeland-5031b41b/ 📇 LinkedIn: https://www.linkedin.com/company/ofmp-canada/ 👨‍💻https://theofmp.ca/  
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Apr 3, 2024 • 33min

Gas, Growth, and Green: Australia's Energy Transition Dilemma

Australia is the lucky country when it comes to energy transition. The country is blessed with ample non-renewable energy resources, including gas, coal, uranium, lithium, and oil. In addition, the country is bathed in sunshine, surrounded by coastlines and tides, and is largely empty, suitable for wind farms. The LNG sector is now incredibly important to the national economy. Australia is 20-25% of global LNG production, one of the top 3 largest producers, and operates 10 gigantic plants serving mostly Asian markets. However, the country's energy resources are struggling with energy transition challenges. The historic basins that provided the populous southeast with natural gas are drying up and the country hasn't been able to mobilise a suitable replacement. The demand for Australia's energy products is creating upward price pressure on the domestic market. The country is at risk of not growing its LNG trade past its current size. In this interview, I speak with Jody Rowe, a commercially-focused specialist who has a strategic view of the broader Australian market. Jody has worked in agriculture, mining, and oil and gas industries in roles that span commercial, contracts and procurement at a number of multinationals including Barrick Gold and Rio Tinto, in both Gold and Uranium commodities. Her work has included executive roles on one of Australia's pioneering coal seam gas to LNG projects. Additional Tools & Resources: 🎓 Take my one day digital strategy training course for oil and gas: 👉 https://www.udemy.com/course/digital-oil-and-gas/?referralCode=0161D4D49AB75735A185 You might find these related  articles of interest! 👉 https://digitaloilgas.substack.com/p/is-canada-a-competitive-lng-supplier-for-europe/ 👉 https://digitaloilgas.substack.com/p/canadas-lng-projects-another-year-another-delay/ 👉 https://digitaloilgas.substack.com/p/digital-is-finally-impacting-the/ Connect with Me! 🖥️ Blog series: https://digitaloilgas.substack.com/ 🎧 Podcast: https://geoffreycann.com/broadcast/ 📇 Linkedin: https://www.linkedin.com/in/training-digital-oil-gas/ 🤬 X: https://twitter.com/geoffreycann Contacts for Lectures and Keynotes: I speak regularly on these and other topics. Contact me to book a brief call about your upcoming event needs. Click here 👉 https://geoffreycann.com/contact/ Disclaimer: The views expressed in this video are my own and do not constitute professional advice. Contacting the Guest Jody Rowe 📧email : jody@roweadvisory.com.au 📇 LinkedIn: https://www.linkedin.com/showcase/tough-talk-with-jody-rowe/ 👨‍💻http://www.roweadvisory.com.au/
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Mar 19, 2024 • 34min

How Satellites Expose Hidden Dangers

About the Episode The world of geospatial analytics is transforming how we manage industrial infrastructure. In this interview with Sean Donegan, the CEO of Satelytics, we discuss the use of satellite data to tackle major challenges like methane leaks, water contamination, and infrastructure damage with cutting-edge AI technology.  The traditional methods of inspecting linear infrastructure (pipelines, roads, forestry operations, power lines) by driving around or flying are outdated, costly, and harmful to the environment. Satellite data is a modern solution to quickly and accurately detect problems before they escalate. This not only saves money and prevents environmental damage but also protects companies from regulatory and reputational risks. Algorithms look at satellite images and the sun's reflectance on various surfaces to identify and quantify issues with incredible accuracy and speed (as in 3 hour turn around). This ultra rapid detection and quantification capability allows for near immediate (same day) action, reducing potential fallout from incidents like oil spills, subsurface leaks, and vegetation encroachment. We also discuss the importance of early adoption and the transformative potential of satellite data in managing infrastructure and environmental challenges. For energy and infrastructure companies who are struggling to maintain a daily grasp on their operations and their risks, satellite data and the algorithms that interpret that data present a huge cost saving and a step change in responsiveness. Additional Tools & Resources:  🎓 Take my one day digital strategy training course for oil and gas: 👉 https://www.udemy.com/course/digital-oil-and-gas/?referralCode=0161D4D49AB75735A185 You might find these related articles of interest! 👉 https://digitaloilgas.substack.com/p/the-latest-digital-bludgeon-with/ Connect with Me! 🖥️ Blog series: https://digitaloilgas.substack.com/ 🎧 Podcast: https://geoffreycann.com/broadcast/ 📇 Linkedin: https://www.linkedin.com/in/training-digital-oil-gas/ 🤬 X: https://twitter.com/geoffreycann Contacts for Lectures and Keynotes I speak regularly on these and other topics. Contact me to book a brief call about your upcoming event needs. Click here 👉 https://geoffreycann.com/contact/ Disclaimer  The views expressed in this show are my own and do not constitute professional advice. Contacting the Guest Sean Donegan 📧 email: sdonegan@satelytics.com 📺 YouTube: https://www.youtube.com/c/satelytics  📇 LinkedIn: https://www.linkedin.com/company/satelytics  😡X: https://twitter.com/satelytics 👨‍💻https://www.satelytics.com/ 📺 Vimeo: https://vimeo.com/satelytics  
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Mar 15, 2024 • 32min

Winning Your Pipeline Tariff Negotiations with Regulatory Analytics

In this interview with David Khani, we discuss pipeline tariff negotiations and how regulatory analytics can help shippers win big. Policies such as the Inflation Reduction Act are reshaping energy infrastructure, along with global events, such as the Ukrainian conflict. Natural gas market dynamics are changing rapidly, and systemically. Dave and EQT leaned heavily on Arbo to help with complex negotiations and understanding the growing demand for natural gas. Dave also covers how the Federal Energy Regulatory Commission (FERC) regulations influence pipeline operations. Another key factor is decarbonization, which has an impact on pipeline throughput. Companies like EQT Corporation navigate tariff increases and negotiations with shippers, with outside specialized help. The future of energy includes coal and nuclear power within our evolving energy mix, and to succeed, companies have an indispensable need for data science in regulatory negotiations. Understanding these dynamics is crucial for anyone involved or interested in the energy industry. Listen to the end to stay informed about the shifts shaping our energy future. About Dave: Until recently, Dave was the CFO at EQT Corporation, a big US independent gas producer. Prior to joining EQT Corp., Dave served as the Executive Vice President and Chief Financial Officer of CONSOL Energy and as CFO and as a board member of its affiliates, including CNX Midstream Partners LLC and a joint venture with Noble Energy. Dave developed a deep understanding of the commodity markets through almost 2 decades as a financial analyst on Wall Street. He holds a B.A. in biological sciences from State University of New York—Binghamton and an M.B.A. in corporate accounting and finance from the University of Rochester and has been a chartered financial analyst (CFA) for 25 years.
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Mar 6, 2024 • 31min

Where Are Oil and Gas Prices Going in 2024, with Andrew Botterill

Where are oil and gas prices going, and why. That’s the focus of this wide-ranging interview I had with Andrew Botterill, head of Deloitte’s chemicals and oil and gas industry vertical. Deloitte produces a regular price forecast for oil and gas, and we provide the context, covering the turmoil and volatility in global markets, heavily influenced by geopolitical conflicts and policy shifts.  We touch on the adoption of sustainable practices, including hydrogen and sustainable aviation fuels. Policy moves, such as the Inflation Reduction Act, create both challenges and opportunities in the U.S., but with ramifications globally, particularly from major consuming geographies, incuding the EU and Asia.  We also discuss the future of energy demand in growth economies like India and continental Africa, highlighting the complex relationship between advancing technology and addressing energy poverty. Digital technology plays a key role in enhancing cost efficiency, resilience, and safety within the industry, setting the stage for a more sustainable and flexible energy landscape. Additional Tools & Resources: 🎬 Go behind the scenes of my studio to see how it works: 👉https://geoffreycann.com/resources/  🎓 Take my one day digital strategy training course for oil and gas: 👉 https://www.udemy.com/course/digital-oil-and-gas/?referralCode=0161D4D49AB75735A185 You might find this related article of interest! 👉    https://digitaloilgas.substack.com/p/my-digital-oil-and-gas-outlook-for Connect with Me! 🖥️ Blog series: https://digitaloilgas.substack.com/ 🎧 Podcast: https://geoffreycann.com/broadcast/ 📇 Linkedin: https://www.linkedin.com/in/training-digital-oil-gas/ 🤬 X: https://twitter.com/geoffreycann Contacts for Lectures and Keynotes:  I speak regularly on these and other topics. Contact me to book a brief call about your upcoming event needs. Click here 👉 https://geoffreycann.com/contact/ Disclaimer:  The views expressed in this video are those of the speakers and do not constitute professional advice.  Contacting the Guest Andrew Botterill 📧email : abotterill@deloitte.ca
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Feb 28, 2024 • 13min

How AI Tools Capture Hidden Regulatory Value

AI innovations are helping transform regulatory processes by providing access to data that has been beyond analytical reach. AI tools such as ChatGPT, Bard, and CoPilot are revolutionizing how energy firms and professionals tackle complex regulatory data, especially in sectors like energy infrastructure. These generative AI tools ingest the huge volume of documents and commentary associated with energy infrastructure submissions to regulators (briefs, complaints, dockets, applications), providing fresh insight into what makes for a successful application, and why some fail to gain acceptance. These tools also transform the way experts prepare regulatory documents, analyze dynamic regulatory environments, and address energy transition policies like those outlined in the Inflation Reduction Act. In this podcast, I help you understand the business value from AI gained from analyzing regulatory content and creating new, efficient pathways for submissions and compliance. If you're an energy industry professional, regulator, or advocate interested in understanding how AI can be used in regulatory areas, this podcast will be very helpful. Additional Tools & Resources: 🎬 Check out my studio and how it works 👉 https://geoffreycann.com/resources/ 🎓 Take my one day digital strategy training course for oil and gas: 👉 https://www.udemy.com/course/digital-oil-and-gas/?referralCode=0161D4D49AB75735A185 You might find my various articles on AI of interest! 👉 https://digitaloilgas.substack.com/p/how-to-successfully-introduce-ai-into-oil-and-gas 👉 https://digitaloilgas.substack.com/p/oil-and-gas-wises-up-to-artificial-intelligence 👉 https://digitaloilgas.substack.com/p/learning-to-live-with-generative Connect with Me 🖥️ Blog series: https://digitaloilgas.substack.com/ 🎧 Podcast: https://geoffreycann.com/broadcast/ 📇 Linkedin: https://www.linkedin.com/in/training-digital-oil-gas/ 🤬 X: https://twitter.com/geoffreycann Contact for Lectures and Keynotes: I speak regularly on these and other topics. Contact me to book a brief call about your upcoming event needs. Click here 👉 https://geoffreycann.com/contact/ Disclaimer: The views expressed in this podcast are my own and do not constitute professional advice. Download the Transcript! Want the actual script that this podcast is based on? You can download the transcript for this podcast here: 👉 https://digitaloilgas.substack.com/p/how-ai-tools-help-capture-hidden
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Feb 21, 2024 • 33min

A New Vision for the Oil and Gas Supply Chain

In the US lower 48 states, between $200 billion and $400 billion are spent in the supply chain every year and are still run with practices designed decades ago. The energy sector's supply chain is broken and needs a new vision to take it to the next level. In this interview podcast with Joshua Trott from WorkRise, we’ll look at the outdated practices of supply chain management in oil and gas, explaining why many projects go over budget and schedule. Josh is the Chief Revenue Officer of WorkRise, an industry-leading labor business and a leading supply chain platform used by many of the biggest energy companies in the world. WorkRise's innovative solution is aimed at completely overhauling the industry’s supply chain model rather than just tinkering with point solutions or with narrow scope. This concept emphasizes the power of data-driven decisions and efficiency to revolutionize project management and execution. We uncover the major issues impacting the current supply chain system, and how WorkRise plans to mitigate these challenges by putting in place a streamlined, cost-effective approach to project lifecycles. Modern technology and methods play a huge role in helping overcoming the obstacles in the industry. If you are responsible for overseeing end to end operations of an oil and gas company, you have the potential to capture very significant benefits through a rethink of your supply chain management. Josh is a lifelong soccer player and fan, he lives in Austin, Texas. Additional Tools & Resources:  🎓 Take my one day digital strategy training course for oil and gas: 👉 https://www.udemy.com/course/digital-oil-and-gas/?referralCode=0161D4D49AB75735A185 Connect with Me! 🖥️ Blog series: https://digitaloilgas.substack.com/ 🎧 Podcast: https://geoffreycann.com/broadcast/ 📇 Linkedin: https://www.linkedin.com/in/training-digital-oil-gas/ 🤬 X: https://twitter.com/geoffreycann Contacts for Lectures and Keynotes:  I speak regularly on these and other topics. Contact me to book a brief call about your upcoming event needs. Click here 👉 https://geoffreycann.com/contact/ Disclaimer:  The views expressed in this video are my own and do not constitute professional advice. Contacting the Guest   Joshua Trott   📧email : joshua.trott@workrise.com 📇 LinkedIn:https://www.linkedin.com/in/joshuatrott/ 📇 LinkedIn biz: https://www.linkedin.com/company/workrise/ 👨‍💻website: www.workrise.com  
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Feb 14, 2024 • 12min

Four Supply and Demand Imbalances That Foreshadow Energy Risk

Business risks and opportunities surface whenever supply and demand go wildly out of balance.  Energy transition is creating supply and demand imbalances in many ways. For example, the supply of clean energy infrastructure is lagging demand because of slow permitting processes.  Sellers gain because the price point for green energy will rise to meet the demand. Buyers risk being unable to purchase green energy after they have committed to do so, or paying a much higher price.  In this solo narration podcast I describe four looming supply and demand imbalances, why they are happening, the impacts they'll have, and what you can do to either manage the risk or take advantage and profit.  The four are:  Slow pace of permitting delays the supply of transmission infrastructure.  Supply of oil tankers lags demand, causes prices to rise for shipping oil Mergers in oil and gas create a surplus of oil and gas professionals looking for work. Demand for commodities for clean energy outstrip supply, making clean energy projects uneconomic.  If you work in energy this episode is for you.  You can find the transcript on my weekly substack, 'Digital Oil and Gas'.  Please hit the share button or leave a comment if you find this episode helpful.  Contact me at geoff@geoffreycann.com

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