98 episodes

A weekly podcast on the impacts of digital on the oil and gas industry.

Digital Innovations in Oil and Gas with Geoffrey Cann Geoffrey Cann

    • Business
    • 4.6 • 18 Ratings

A weekly podcast on the impacts of digital on the oil and gas industry.

    Specific Actions Managers Take To Drive Digital Adoption

    Specific Actions Managers Take To Drive Digital Adoption

    Leaders lead by example, but what does that mean for the manager or supervisor of an oil and gas asset tasked with embracing digital?
    In my book, ‘Carbon, Capital, and the Cloud’, I describe the stages of personal change that people go through as they deal with digital, particularly in heavy industry, such as oil and gas. People are so different—not everyone starts at the same stage, their pace varies dramatically, and many will not progress beyond doubt or skepticism. Their progress is influenced both positively and negatively by outside forces as well as internal influencers.
    Digital adoption in heavy industry is hard work because it’s about people and culture, but there are many small and immediate steps managers can take to get going.
     

    • 12 min
    Bradley Wamboldt on Pathways for Innovation Adoption in Industry

    Bradley Wamboldt on Pathways for Innovation Adoption in Industry

    "There's a gap currently between the way the small startup companies would think about how to get investment dollars and grant dollars to keep their company alive, and what the big operators need to have a deployable project."
    In this episode, I’m in conversation with Bradley Wamboldt, who is the principal associate of Hawk and Squirrel Innovation. Bradley specialises in helping industrial companies innovate with hard technologies such as new industrial equipment and processes. Innovations in hard technology have strong parallels with soft technology (digital), and hard technology these days is usually accompanied by some kind of digital overlay.
    "If you look to move to a more distributed energy generation and consumption model, there's going to be a tremendous amount of infrastructure required. We're talking about 20 terawatts of energy used by the planet. Currently, about 85% of that is fossil fuel. So the scale of this energy transition, we're really just starting to scratch the surface."
    Bradley Wamboldt is the Principal Associate at Hawk & Squirrel Innovation, a boutique consultancy and technology development practice in Calgary. Bradley has over 30 years of experience in oil and gas operations, project development, commissioning, operations, and technology development with both Shell Canada and Suncor Energy.
    "Every day you go to work you think about three things, and none of them have to do with change. Number one is safety. Safety is always making sure everybody comes home. Number two is how many barrels did you produce today. Number three is keeping the costs in line." 
    He is currently focusing his efforts on assisting large and small companies in advancing new energy transition and decarbonization technologies from research through to commercial deployment. Bradley has a Bachelor of Chemical Engineering from McGill University and an MBA (with distinction) from Ivey School of Business at Western University.
    Here are some of the key questions addressed in the episode: 
    Is there more than one way to roll out industrial infrastructure? What are they?
    Who is good at introducing change to brownfield infrastructure?
    What are the key incentives that drive the energy industry?
    Where should innovation be placed in an organization? Operations?
    What tactics work well in driving business improvements and disruptive change? 
    What changes do we need to see implemented to accelerate the pace of change? 
    USEFUL LINKS LinkedIn profiles (personal, business): 
    Personal: https://www.linkedin.com/in/bradley-wamboldt-54890a16/
    LinkedIn Newsletter: https://www.linkedin.com/newsletters/6962843417353543682/
     
     

    • 36 min
    The World Petroleum Congress Revisits Calgary

    The World Petroleum Congress Revisits Calgary

    The World Petroleum Congress is just around the corner, and it’s coming to Calgary. 
    n the global landscape of oil and gas events, a few stand out because they are truly global in that they change venues rather like the Olympics, they’re infrequent (perhaps every three or four years, allowing the passage of time to provide for fresh insight on the latest topics), and they’re large. My most recent personal experience at such an event was LNG18, held in Perth, Australia in 2016, with a focus (obviously) on the global liquefied natural gas trade. Australia had arisen, from the ashes of the 2008-09 global financial crisis, to become one of the world’s largest producers of LNG, and Australia’s experiences were the topic of considerable global interest.
    Well, Calgary is about to experience something quite rare, which is a return visit of the World Petroleum Congress (WPC),  in September of 2023. This is a big deal, and not just because of the inflow of tourism dollars into the local economy. Only four cities have ever hosted the WPC more than once.
     Now is the time to get this on your business calendar for 2023.

    • 15 min
    Mark Smith on 5 Predictions for the Oil and Gas Industry in 2023

    Mark Smith on 5 Predictions for the Oil and Gas Industry in 2023

    "Europe is building a bunch of regasification plants on their end. So the demand is going to be high for people to start filling that pipeline, for LNG."
    In this episode, I’m in conversation with Mark Smith, the President and co-founder of CleanConnect.ai. In a prior life, Mark launched Windows NT Magazine, an international publication about the fast evolving technology called Windows NT. I remember reading the magazine!
    "Instead of us being able to buy carbon credits from say trees in Africa and offset, the actual suppliers are going to need to prove their provenance and their carbon intensity just to sell into the gas supply chain. It's going to shift from a voluntary to much more of a mandatory deal."
    Mark Smith is the President and co-founder of CleanConnect.ai.  Our software suite is the only government-approved AI solution that can replace human leak-detection-and-repair operators for oil & gas companies. Mark is also the host of Digital Roughnecks, a video podcast for energy executives.  Mark previously launched Windows NT Magazine, with 1.5M IT professionals subscribers in 160 countries.
    "[EPA regulations will] add at least 1.4 to 1.6 million more inspections across all the operators, which is a 471% increase. I estimate it'll cost them about $831 million to do that. So that's a biggie, right? 3500 new trained LDAR inspectors."
    Mark is quite used to putting out predictions about the future, and in this episode we discuss five predictions that Mark forecasts for the oil and gas industry. 
    Here are the 5 predictions:
    Energy demand will continue to grow, but some energy products, notably LNG, will experience hypergrowth.
    Energy regulations coming on stream will drive a huge ramp up of energy inspections, and with it, the need for inspectors.
    Talent shortages will not only persist but will worsen as US industry reacts to the Inflation Reduction Act, pulling talent into new sectors.
    Proof of emissions will become mandatory for anyone selling energy products (gas, oil, LNG)
    Energy companies embrace new technologies, notably AI-enabled computer vision, to cope with the talent shortfall and regulatory growth. 
    Mark elaborates on these predictions with examples and anecdotes from his ongoing work and experiences in the industry. 
    USEFUL LINKS LinkedIn profiles (personal, business): 
    Personal: https://www.linkedin.com/in/markhoustonsmith/
    Business: https://www.linkedin.com/company/clean-connect/
    Website: 
     https://www.EPACheatSheet.com
     

    • 34 min
    The CFOs Outsized Role In Digital Energy

    The CFOs Outsized Role In Digital Energy

    A town in British Columbia can’t seem to muster the business case to purchase electric vehicles. What lessons does this hold for business leaders facing similar technology upgrade decisions?
    After the usual fiscal deliberations, Administration has recommended to Council that the town stick with the status quo gasoline models for now, rather than plunking down for newer more expensive electric vehicles, based on the acquisition cost of the vehicles. It’s not a big purchase, just two trucks, but the saga illustrates the challenges that await all businesses, not just small municipalities, about facing up to the pressures of decarbonization and digitalization.
    The CFO, and their organization define the swim lanes, set the rules, dictate the parameters (such as interest rates and carbon prices), and manage the overall process.
    At what point do you make jump from dirty to clean and from dumb to smart? For businesses, that decision is clearly hard to make. It’s going to be up to the CFOs to change the way capital decisions are taken so that we accelerate our way to a digital energy future.
     

    • 13 min
    Nick Verhoeven on the Contest for the Electric Vehicle Battery Owner (Basically Everyone)

    Nick Verhoeven on the Contest for the Electric Vehicle Battery Owner (Basically Everyone)

    "The way we're looking at it right now is to bring balance by not consuming. That means that your car has been planned to charge during the night. But the grid operator says that there's an imbalance on the market. And then by not charging those 500,000 cars, we’re actually delivering energy to the markets and therefore a gas fired plant doesn't have to turn on."
    In this episode, I’m in conversation with Nick Verhoeven who is the strategic accounts manager for Jedlix. The energy stored in the battery in the average vehicle is 10 days worth of power for the average house if you exclude energy for heat.
    "Power within your house for a whole day is just 10% of your car battery. And then the day after, you can just ride back to work, charge your car, again, probably solar power from the roof of your office and do the same thing again, tomorrow if necessary."
    EVs both expand the demand on the grid but also create an entirely new energy customer relationship, which is up for grabs. We talk through what this means, and the implications for fuel retailers.  
    "Imagine you're a car brand and you want to really encapsulate your customer, and you want to really be close to them, and you sell them an electric vehicle that you want to help them charge as clean as possible. Because if not, he's going to find it somewhere else, and you lose this customer touchpoint."
    Nick Verhoeven is a Strategic Accounts Manager with Jedlix, a smart meter technology company based in the Netherlands. From his first career in energy sales at an oil and gas major, Nick became increasingly exposed to renewable energy, and transitioned to the world of electric vehicles (EV) which do not use hydrocarbon fuels.
    "Don't forget, an electric car uses pretty much the same amount of power in a year as a house does. So having a household with an electric car pretty much means two clients [for a power utility]."
    His energy background is an asset in navigating the world of EV, which is more complex and multi-party than fossil fuel markets. At Jedlix he is responsible for building out the market for vehicle energy management solutions. 
    USEFUL LINKS LinkedIn profiles (personal, business): 
    Personal: http://www.linkedin.com/in/nickverhoeven90
    Business: https://www.linkedin.com/company/10317294/admin/
    Facebook pages:
    https://www.facebook.com/Jedlix/
    Website: 
    For businesses: https://www.jedlix.com/
    For consumers: https://www.jedlix.com/evdrivers
     

    • 35 min

Customer Reviews

4.6 out of 5
18 Ratings

18 Ratings

Thisgamerulestheworld ,

The Godfather of Digital Oil & Gas

The energy sector is going through a massive shift. The great energy transition won’t happen without new technology and innovation to help solve the problems it faces. Geoffrey knew this coming years ago, well before 2021 when it came to a head. He continues to be on the forefront helping educate and drive necessary change. These and his books are a must for anyone looking to stay ahead of the curve.

gutv28052780 ,

Insightful

Enjoy the podcast! Geoffrey provides insights on the many potential use cases for digital in oil and gas that are easy to follow.

Top Podcasts In Business

Steven Bartlett
Tim Ferriss: Bestselling Author, Human Guinea Pig
David Senra
Audioboom Studios
Barry Schwartz
Jessica Moorhouse

You Might Also Like

ARC ENERGY RESEARCH INSTITUTE
Columbia University
Wood Mackenzie
Postmedia
Mark LaCour & Paige Wilson
Jason Calacanis