23 min
Moving Towards the Digital Oil Field of the Future Game Changers GIM Institute
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- Education
“Moving Towards the Digital Oil Field of the Future”: a conversation with former Assistant Secretary of Energy, Charles McConnell.
Charles D. McConnell is Executive Director of Rice University's Energy and Environment Initiative. In Part 1 of our conversation, McConnell addresses topics like the fundamentals of true energy sustainability and the key innovations that will impact energy markets. A 35-year veteran of the energy industry, McConnell joined Rice in August 2013 after serving two years as the Assistant Secretary of Energy at the U.S. Department of Energy (DOE).
Interview Highlights:
3:35 True energy sustainability entails accessibility, affordability and environmental responsibility
6:38 Environmental sustainability in electric power requires combining a variety of approaches
7:57 Using data to maximize energy production in the Bakken oil field of North Dakota
9:19 The digital oil field of the future
12:24 Innovation and societal responsibility: “You don’t get take-backs.”
15:50 Big Trends: Data, AI, robotics and a routine focus on de-carbonization
18:14 “Don’t hate the fuel; hate the emissions”
20:40 The industry blind spot in alternative energy: the supply chain for basic materials
“Moving Towards the Digital Oil Field of the Future”: a conversation with former Assistant Secretary of Energy, Charles McConnell.
Charles D. McConnell is Executive Director of Rice University's Energy and Environment Initiative. In Part 1 of our conversation, McConnell addresses topics like the fundamentals of true energy sustainability and the key innovations that will impact energy markets. A 35-year veteran of the energy industry, McConnell joined Rice in August 2013 after serving two years as the Assistant Secretary of Energy at the U.S. Department of Energy (DOE).
Interview Highlights:
3:35 True energy sustainability entails accessibility, affordability and environmental responsibility
6:38 Environmental sustainability in electric power requires combining a variety of approaches
7:57 Using data to maximize energy production in the Bakken oil field of North Dakota
9:19 The digital oil field of the future
12:24 Innovation and societal responsibility: “You don’t get take-backs.”
15:50 Big Trends: Data, AI, robotics and a routine focus on de-carbonization
18:14 “Don’t hate the fuel; hate the emissions”
20:40 The industry blind spot in alternative energy: the supply chain for basic materials
23 min