Digital Innovations in Oil and Gas with Geoffrey Cann

Managers in oil and gas rely on various rules of thumb to accelerate decision making, but at times these biases get in the way of making better decisions. Biases that were at one time helpful are now a kind of risk. Examples include the emphasis on production above all else, the preference for proven over novel solutions, and the preference for those innovations that originate in the industry. These lingering biases explain why the fortunes of oil and gas companies now dramatically lag the index leaders whose market values are now in the trillions. Correcting for these biases is not hard, but it does take concerted effort, particularly using some change management tactics. When times are stable, biases are perhaps a convenient way to facilitate decisions and gain unanimity at the management table. However, the industry is facing far greater complexity than in the past, and such biases are now a risk to be managed. 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://x.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/from-crude-to-computation

Imagine that the year is 2034. How will the world of oil be digitally different from the way things are in 2024? Some things won't have changed much. Demand will still be strong. We will still be consuming a lot of oil. This is baked in. There is plenty of supply. Costs will have crept up but productivity will more than make up for that. Digital will have utterly transformed how we run the industry thanks to: the circular economy and full life cycle monitoring of our assets digital twin solutions for optimizing production and operations remote control, robots and automation that take out human workers cloud solutions that make everything online all the time mobile connectivity to all mobile people and gear voice interfaces whereever possible. The future is coming quicker than we think. Preparing for it costs no more than running a few trials of a small number of innovations. 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 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/from-crude-to-computation

Digital entrepreneurs face many worrisome perils, and oil and gas poses its own unique set. In my view, the single greatest challenge facing technology companies when dealing with oil and gas is the lack of a clear pathway from the outset of the relationship to scaling up or gaining an enterprise commitment to adoption. The level of fragmentation of decision making inside oil and gas means that a lot of managers get to weigh in on technology that might impact their unit. But for the technology company, that fragmentation also translates into heroically long decision cycles, long waits between meetings, and time spent unproductively helping decision makers get to a decision. Slow cash payment cycles hurt the economics. Change management isn't seen as valuable. The industry shies away from any publicity, even the positive kind that helps digital innovators. It's all about the culture. 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 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/the-six-key-risks-that-absolutely

A brand new digital bludgeon whose nearly sole purpose is to beat up on the oil and gas industry, is about to be launched. As usual, this is both bad and good news. The global oil and gas industry is the single largest source of avoidable methane emissions, emitting 80 million tons per year through venting, flaring, and unintentional losses (fugitive emissions). These Scope 1 emissions represent the fastest pathway for the gas industry to meet pressing climate targets. MethaneSat will be able to detect emissions at lower concentrations, from smaller sites, more frequently, and with greater accuracy than previous satellites. And here's the kicker. The data collected by MethaneSAT will be made publicly available, unlike many other data from satellite sources. Companies have already developed the algorithms to sift through the petabytes of survey data that such satellites produce (and like many algorithms, some will be in the public domain), so that the analysis will be swiftly available. What could possibly go wrong? 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 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/the-latest-digital-bludgeon-with

The upcoming changes to mobility fuels are important enough that Boards should be paying close attention, and challenging management with keeping pace. For the first time in my life, there are now really big changes coming to the fuel industry. These changes will impact every single participant in the mobility fuel supply chain, from producers to consumers. The level of investment required in new mobility fuels to meet global demands are creating opportunities for wealth creation that have no parallel in history. Never before has mobility experienced such an upheaval. Fortunes will be made. Simplistic answers to the challenges of mobility fuel change are simply not good enough. This is a complex hard to solve problem in a huge, highly fragmented market with participants at dramatically different levels of readiness. If you're serving on the Board of an energy company, your role is to see that management is taking the transition away from fossil fuels seriously. This podcast highlights the questions you might want to ask at the next quarterly. 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 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://open.substack.com/pub/digitaloilgas/p/eight-board-questions-about-mobility

Process industry professionals have long known about the risks of failure hidden in piping infrastructure, but robotic inspections are poised to solve this safety and risk problem. The pipes with the highest risk profile are undoubtably those used in the petroleum industry, and detecting and assessing their condition under layers of coatings and insulation is one of the most important challenges for the industry. Piping can fail for a variety of reasons, and inspections are expected to detect a broad range of conditions and potential failure points. Most of the more insidious piping weaknesses are not visible to the eye, which can mislead managers into thinking that pipe integrity is assured. Piping failure in a refinery context can be truly catastrophic. Hydrocarbons are toxic and explosive, carry enormous safety implications, and considerable financial risk. A failure of a non-redundant pipe can result in total plant collapse. Suffice to say, the scale of piping infrastructure, the complexity of the material science at stake, the logistical challenges involved, and the nature of the microscopic problems under scrutiny combine into a major undertaking for plant owners keen to avoid substantial financial and safety risks. Better solutions are now available, and feature such innovations as robotic operations, better sensing under insulations, and dramatically improved diagnostics. Dianna Liu is the founder & president of ARIX Technologies, a robotic inspection company using pipe-crawlers and a data analytics software platform to help manufacturing companies better manage corrosion and schedule maintenance. Prior to founding ARIX, Dianna was an engineer for ExxonMobil with roles in logistics/operations and engineering. She has also had R&D experience in the medical device and pharmaceutical industries and prior entrepreneurship experience in founding and managing a 23-year-old online horse game. Dianna holds dual mechanical and biomedical engineering degrees from Duke University and an MBA from Yale University. Additional Tools & Resources: Connect with Dianna! 📧 sales@arix-tech.com 🖥️ Website: https://arix-tech.com 📇 LinkedIN: https://www.linkedin.com/company/arix-technologies/ 📇 Linkedin: https://www.linkedin.com/in/dianna-liu/ 🎦 https://www.youtube.com/@arixtechnologies 🎬 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 You might find this related article that I wrote of interest! 👉 https://digitaloilgas.substack.com/p/corrosion-under-insulation-the-process 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 Disclaimer: The views expressed in this podcast are my own and do not constitute professional advice.

There is a new career pathway now available, that of the digital engineer. This career pathway is open to any engineer who is curious how digital innovations intersect with the traditional engineer job, creating this new role of the digital engineer. Identifying and discovering these new roles is not hard, but for most engineers, it will take them out of their comfort zone to confront some uncertainty, some risk. In essence, it's about risk seeking rather than risk mitigation. In this podcast I interview Philip Black, a professional engineer, and oil and gas expert, because he has successfully transitioned his traditional chemical and processing background to become a digital expert. He pivoted his career without losing his momentum and crafted for himself a new career as a digital engineer. He was sought out by the most senior people in his company to learn more about digital innovations and how they impact the oil and gas industry. Phil has pivoted his career several times and has codified what he has learned to do in a way that any engineer can easily follow. Learn more at his website and pivot your own career into digital or new roles in your company, or into entirely new fields. Engineer Career Pivot! 👉 https://engineercareerpivot.com Connect with Phil! 📇 Linkedin: https://www.linkedin.com/in/pblack/ 👩🏻‍💻 webinar: https://www.engineercareerpivot.com/Landing-Masterclass-Acquisition-Conversations-You-Need-To-Hear-pb 📧 email: phil@engineercareerpivot.com You might find these related articles of interest! 👉 https://digitaloilgas.substack.com/p/why-your-digital-oil-and-gas-innovation 👉 https://digitaloilgas.substack.com/p/how-to-keep-your-digital-energy-job 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.

Upskilling of oil and gas professionals in the digital era is a topic everywhere, including the Caribbean island economies. Upskilling means the acquisition of new knowledge and skills, and in digital, this means topics such as cloud computing, artificial intelligence, app development, and sensor technology. It's tough enough to acquire new capabilities and stay current in big metropolitan centers. Imagine the challenges in smaller oil and gas producing economies, such as those found in the Caribbean. On-line and distance learning help, but that's not enough. The formal education sector has to play its role, as does industy. But how does this happen? In this podcast, I'm in conversation with Hamlyn Holder, a sessional lecturer with the University of the West Indies and an employee of the oil and gas industry, based in Trinidad and Tobago, one such oil production nation in the Caribbean. Hamlyn has over 20 years of both upstream and downstream engineering experience with nearly a decade of this time dedicated to serving Methanex Trinidad Ltd. Methanex Corporation is the world's largest producer and supplier of methanol to major international markets in North and South America, Europe, and Asia Pacific. Methanol is a clear liquid chemical used in thousands of everyday products, including plastics, paints, cosmetics, and is a clean-burning, cost-effective alternative fuel. As the Site Reliability Engineer, he ensures the optimal functionality and performance of critical plant assets and is committed to continuous improvement and innovation in the asset management of their methanol plants and air separation units. He currently serves as a Lecturer at the University of the West Indies, Engineering Faculty and also at the Caribbean Institute for Quality training the Caribbean workforce in ASQ courses such as Six Sigma Black Belt, Quality Management and Reliability Engineering. He holds a Master's in Engineering and Asset Management from the University of the West Indies, is CAMA Certified and co-founded Cube Root Farms, a company that helps local farmers, schools and communities to adopt modern smart and sustainable agricultural techniques. He is also well versed in developing, enhancing and launching many enterprise management softwares and is a member of many industry bodies such as API, ASQ, PMI , IEEE, ASME and APETT. 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-... Connect with Me: 🖥️ Blog series: https://digitaloilgas.substack.com/ 🎧 Podcast: https://geoffreycann.com/broadcast/ 📇 Linkedin: https://www.linkedin.com/in/training-... 🤬 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. Connect with Hamlyn! 📇 Linkedin: linkedin.com/in/hamlyn-holder-cre-pmp-cama-3664424a 🤬 X: https://twitter.com/holdertwit

It's rare to hear directly from a business leader who has a broad range of oil and gas experience, coupled with a personal front-line role in leading digital adoption, but today's podcast offers just that. Lewis Gillhespy is a former senior leader with Suncor, including roles as Global Chief Geologist, major asset developer, head of a major acquisition, R&D, and lastly, digital transformation leader for the subsurface areas. He describes how oil and gas companies are the children of the Industrial Age. They are reflective of the massive scale of operations that grew out of the enormous demands for energy. Their breadth and diversity of operations, international reach, technology diversity, and emphasis on innovation has created very complex organizations with customized ways of working that are in turn dependent on skilled managers with personal relationship skills to navigate. This business model has rendered them hugely profitable, but highly vulnerable to the digital revolution. Lewis highlights how the adoption of lean methods of working, that simplify complex processes that in turn allow managers to control data and technologies and systems, creates more nimble companies that can quickly embrace change. The reason is that processes tend to be more stable than IT, data or people. Tackling just the data or IT means you miss the process opportunity. The business pressure is that the case for digital is an exponential one, and is now outracing the industrial model. This exponential business case is predicated on high quality data. Driving down cost, driving out waste to achieve low cost operatorship; Producing compelling metrics, delivering analytics from data, applying AI on data, and deriving insights such as benchmarking; and, Innovating new ways of working that deliver dramatic productivity gains. This forces a need for leadership to be actively engaged in the transformation, as uncomfortable as that may be, to promote the new ways of work, and model the right behaviours. These days, Lewis works as a consultant in Geoscience, Digital Transformation, Project Management, and Commercial M&A to the Energy Industry. He holds an MSc in Petroleum Geoscience from Imperial College, a BSc. in Geological Science from Leeds University and attended the Harvard Business School Leadership Program in Boston. 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 Me 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. Get In Touch with Lewis! 📧email : lewis.gillhespy@rockflow.com 📇 LinkedIn: https://www.linkedin.com/in/lewis-gillhespy/ 👨‍💻 https://rockflow.com/

Emissions management in energy is in drastic need of improvement. Carbon management is not carried out in an auditable and transparent way, is not standardized for the energy industry. As a result, carbon measures are subject to misinterpretation, claims reversal, misstatements, and greenwashing. Trust in the industry has eroded. A number of leading energy companies embarked on a journey to transform the practices of the industry by adopting new modern digital technologies. Forming a consortium called Blockchain for Energy, the companies set out to design and deploy common interoperable solutions that addressed the industry's more intractable problems. One of its first products is called B4E Carbon, and is a new cutting edge emissions management solution. The solution provides an end to end mechanism for measuring and reporting carbon emissions, for compliance, regulatory, and commercial needs. Data is captured at source, ingested, transformed and stored immutably in an accessible database. The leader of the Consortium is Rebecca Hofmann, an experienced energy executive with a background in multiple dimensions of the oil and gas sector. The Blockchain for Energy (B4E) consortium provides its members with forward thinking learnings and solutions. It collaboratively drives digital transformation by providing members with opportunities to accelerate their digitalization journey. Through collective synergies, B4E seeks to resolve, reinvent, and transform the industry's standard ways of working with external parties. Blockchain for Energy is a safe venue to create transformational change – for the energy industry – by the energy industry. Current B4E members and collaborators include Chesapeake Energy, Chevron, ConocoPhillips, Devon Energy, ExxonMobil, Repsol, Saudi Aramco, Schlumberger, Enovate AI, Emerson ZEDI, Hedera, GBBC/IWA and Tolam Earth. B4E Carbon was developed with the assistance of Enovate AI, founded by Camilo Mejia. With a background in Petroleum Engineering, Data Science, and Business Administration, Camilo has held global executive positions in corporate environments. Enovate AI delivers business and operational process optimization for decarbonization and energy independence through digital engineering and automation. Enovate AI's proven technology model is enabled by the capacity to deliver digital solutions that accelerate a clean, efficient, and diversified energy supply. Enovate AI supports oil and gas, renewables, and CCS operations with an end-to-end digital package from optimization to monetization. Enovate AI supports a cleaner, more efficient, and diversified energy industry through the deployment of effective AI solutions. At Enovate AI we realize the full potential of process autonomy to create a more profitable, sustainable, and environmentally responsible energy industry across the globe. Contacting the Guests: 📧 email : martin@w1-comms.com 📇 LinkedIn: https://www.linkedin.com/company/enovateai/ 📇 LinkedIn: https://www.linkedin.com/company/75552358/ 📇 LinkedIn: 👨‍💻 https://www.blockchainforenergy.net/solutions/ 👨‍💻 https://enovate.ai/ 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.