The Oil & Gas Accounting Podcast

SherWare, Inc. & COPAS

If you're a CPA, an accountant, a bookkeeper, an office manager, or if you're an oil and gas operator that's doing the accounting yourself, you are who our brand new podcast is for. We’ve partnered with Tom Wierman, Executive Director of COPAS (The Council of Petroleum Accounting Society) to bring you the Oil & Gas Accounting Podcast. We noticed that no one has the conversations that actually help oil and gas accounting professionals do their job better, so we decided to change that and start to discuss the things and common issues and questions we know our clients and partners ask, and that you may be wondering yourself.

  1. 07/18/2022

    The Value of Satellite Imagery In Oil and Gas Analysis With Eric Anderson

    On this week’s episode, Tom and Phil are joined by Eric Anderson, Chief Technology Officer for SynMax.  SynMax uses imagery and data collected by satellites combined with AI to deliver insight to the oil and gas industry that has previously only been modeled or forecasted. This allows producers, hedgers and energy traders the ability to clearly see what’s happening and make better decisions. Eric explains that the perfect combination of factors have come together with the ability to create something really valuable using satellite imagery for the oil and gas industry and many other industries as well. Highlights: 4:57 The Start of SynMax 7:17 How much it would cost you to buy your very own satellite 12:04 How the data collected by satellites is used 14:02 How satellites have been used in the past 16:39 Why the data provided by these satellites is important 22:03 Other products SynMax offers 22:18 Dark vessel detection 32:51 Tracking emissions with satellites   About Eric Anderson:   Connect with Eric: www.synmax.com   About SherWare, Inc. If you’re enjoying this episode, please subscribe to our podcast and share with a friend! We also love ratings and reviews on Apple podcasts. SherWare creates software to simplify your accounting needs so you have more time to do the things that matter. We serve independent oil and gas operators, accountants and investors with a platform to manage their distributions and joint-interest billings on a platform -- and we’re the only software on the market that can integrate with your QuickBooks company. Click here to watch a demo of the software in action right now. About COPAS: COPAS provides expertise for the oil and gas industry through the development of Model Form Accounting Procedures, publications, and education. We are a forum for the active exchange of ideas which result in innovative business and accounting solutions. Find a society near you. www.copas.org

    The Value of Satellite Imagery In Oil and Gas Analysis With Eric Anderson
  2. 06/27/2022

    Saving Time and Money With Data Gumbo with Robin Macmillan

    On this week’s episode, Tom and Phil are joined by Robin Macmillan, Chief Sales Officer of Data Gumbo. Robin is giving us all the details on how Data Gumbo’s GumboNet™, a private blockchain, can replace manual processes in your business with automation providing more efficiency, improved business relationships and saving on expenses in the process. Robin also introduces smart contracts and  gives examples of ways they can  work in oil and gas scenarios. Highlights: 1:34 From a geology degree to drilling 4:42 Handling smart contracts with a private blockchain 8:10 Using a blockchain for transactions and smart contracts 10:58 What is a smart contract? 14:31 The greatest benefits of using smart contracts 20:58 Verifying and testing a contract before it goes into service 23:21 Limitations of a smart contract 35:15 Generating carbon credits 38:33 How to get started with blockchain and smart contracts in the oil and gas industry   About Robin Macmillan:  Robin Macmillan is the Chief Sales Officer at Data Gumbo. With a 40+ year career in energy, he was previously Senior Vice President for Business Development at National Oilwell Varco (NOV Inc.), Manager of Schlumberger Drilling and Measurements in Canada and President at the drill bit company ReedHycalog. He is the current VP of Drilling Services at the International Association of Drilling Contractors (IADC), where he is also Chair Emeritus of the Advanced Rig Technology committee.  He is also former vice-chair of the Society of Petroleum Engineers (SPE) Drilling Systems Automation Technical Section. Robin holds a degree in Geology from the University of Leeds in England.  Connect with Robin: https://www.linkedin.com/in/robinmacmillan/ https://www.datagumbo.com/en/   About SherWare, Inc. If you’re enjoying this episode, please subscribe to our podcast and share with a friend! We also love ratings and reviews on Apple podcasts. SherWare creates software to simplify your accounting needs so you have more time to do the things that matter. We serve independent oil and gas operators, accountants and investors with a platform to manage their distributions and joint-interest billings on a platform -- and we’re the only software on the market that can integrate with your QuickBooks company. Click here to watch a demo of the software in action right now. About COPAS: COPAS provides expertise for the oil and gas industry through the development of Model Form Accounting Procedures, publications, and education. We are a forum for the active exchange of ideas which result in innovative business and accounting solutions. Find a society near you. www.copas.org

    Saving Time and Money With Data Gumbo with Robin Macmillan
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About

If you're a CPA, an accountant, a bookkeeper, an office manager, or if you're an oil and gas operator that's doing the accounting yourself, you are who our brand new podcast is for. We’ve partnered with Tom Wierman, Executive Director of COPAS (The Council of Petroleum Accounting Society) to bring you the Oil & Gas Accounting Podcast. We noticed that no one has the conversations that actually help oil and gas accounting professionals do their job better, so we decided to change that and start to discuss the things and common issues and questions we know our clients and partners ask, and that you may be wondering yourself.