Oil and Gas Startups Podcast Digital Wildcatters
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- Business
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The Oil and Gas Startups Podcast showcases emerging technologies and tells the stories of founders, investors and industry leaders.
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Iconic Air on Oil and Gas Startups
In this episode, we catch up with Kyle from Iconic Air, returning to the podcast after a significant period of growth and development for both Iconic Air and the broader carbon accounting landscape. With the oil and gas industry facing increasing regulatory scrutiny and market demands for cleaner energy, Iconic Air positions itself as the essential tool for operators to manage their carbon data efficiently and comply with evolving standards.
This episode dives into:
Kyle's journey with Iconic Air, from its early days as a concept born out of a business plan competition at West Virginia University to securing $5 million in venture capital and growing into a key player in the carbon accounting space.The current state of carbon accounting, including the SEC's new regulations requiring carbon data disclosure and how this is equivalent to financial data in terms of company valuation.The various carbon accounting frameworks and regulations impacting operators, including the EPA's protocols and the implications of the IRA bill, which introduces waste emissions charges and tighter leak detection and repair timelines.The market-driven demand for carbon accounting, beyond regulatory compliance, as energy consumers and financial institutions increasingly tie the cost of capital to emissions, pushing for cleaner energy sources and certified natural gas.Iconic Air's approach to simplifying the carbon accounting process for operators of all sizes, offering a "Turbo Tax" solution that aggregates and processes carbon data according to multiple frameworks, making compliance and reporting straightforward and efficient.The challenges and opportunities facing Iconic Air and the oil and gas industry as they adapt to the new realities of energy production, sustainability, and environmental stewardship.Join us as we explore how Iconic Air is helping to navigate the complex and rapidly evolving world of carbon accounting, driving efficiency, and supporting the industry's transition towards more sustainable practices. -
Novus Consulting on Oil and Gas Startups
In this episode, we sit down with Kate Stevenson, a leading figure at Novus Consulting, to explore the transformative role of data management and technology in the energy sector. With a rich background that spans from Accenture to Chesapeake and beyond, Kate brings a wealth of experience and insights into solving the industry's most pressing challenges through innovative data strategies and technology solutions.
This episode dives into:
The mission and services of Novus Consulting, focusing on data management technology consulting for the energy sector, including strategy development, technology implementation, and data integration.
Kate Stevenson's journey through the energy industry, highlighting her transition from Accenture to pivotal roles at Chesapeake and SandRidge, and her deep-rooted connection to the oil and gas legacy.
The persistent challenge of data management in the energy sector, emphasizing the critical need for clean, well-organized data as the foundation for advanced analytics, AI, and operational efficiency.
The impact of mergers and acquisitions (M&A) on data integrity and the strategies employed by Novus Consulting to ensure seamless data integration and cleanliness during these transitions.
The evolving landscape of field operations technology, with a focus on automating work orders and optimizing lease operator workflows through advanced data-driven solutions.
The potential and challenges of applying AI and machine learning in the energy sector, including the importance of data architecture and the need for industry-specific contextualization.
The trend towards outsourcing IT functions and the shift towards SaaS platforms, reflecting on how these changes affect data management and technology adoption in energy companies.
The exciting opportunities and projects within the midstream sector, showcasing how standardized processes and shared services can lead to operational efficiencies and cost savings.
The conversation around Bitcoin mining within the energy sector, touching on the intersections between energy management, regulatory changes, and the emerging opportunities for synergy between oil and gas operations and cryptocurrency mining.
Join us as Kate Stevenson shares her expert perspective on the critical role of data and technology in driving the future of the energy industry, from operational excellence to innovative solutions that bridge traditional energy and emerging digital assets.
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Fueling the Future: The PetroVybe Story with Peter Snell
In this episode, we dive into the journey of PetroVybe, an oil and gas development company with a mission far beyond just drilling wells. Peter Snell, joining us from Dallas, shares the vision of PetroVybe as not just an operator in the energy sector but as a source of fuel for the grid, powering the future with a focus on stewardship and innovation.
This episode explores:
The unique approach of PetroVybe in the oil and gas industry, emphasizing stewardship, innovation, and the creation of tangible value.
The backstory of Peter Snell, from a business fixer to the founder of PetroVybe, and how his faith and philosophy of stewardship shape the company's mission.
The challenges and strategies of fundraising in an industry transitioning towards more disciplined and sustainable practices.
PetroVybe's business model, aiming for scale and reinvestment to overcome the decline curve and create critical mass in production.
The importance of long-term vision in the oil and gas industry and how PetroVybe plans to achieve a significant impact within five years through disciplined reinvestment and strategic growth.
Join us as we uncover the story of PetroVybe, a company striving to redefine success in the oil and gas industry through stewardship, innovation, and a commitment to fueling the future responsibly.
Find us here👇🏼https://digitalwildcatters.com/https://www.instagram.com/digitalwildcatters/https://twitter.com/DWildcattershttps://www.tiktok.com/@digitalwildcattershttps://www.facebook.com/digitalwildcatters -
How Bitcoin Mining is Bridging the Gap Between Tech and Energy
In this episode, we delve into the fascinating intersection of the energy sector and technology through the lens of Bitcoin mining. With insights from industry insiders at Digital Wildcatters and special guest Chuck Yates, we explore how energy companies are increasingly becoming tech companies, and vice versa, driven by the demands of high-performance computing and the opportunities presented by Bitcoin mining.
This episode dives into:
The strategic decision by EQT, the largest natural gas producer in the US, to curtail production due to low natural gas prices and the potential impact of redirecting that energy towards Bitcoin mining.The acquisition of a data center by AWS for $650 million, highlighting the trend of tech companies venturing into energy management to support their computing needs.The evolution of Bitcoin mining from a niche activity to a significant player in the energy market, offering innovative solutions for managing flare gas and optimizing energy use.The role of high-performance computing in driving the demand for energy and the implications for energy companies to adapt and innovate.The challenges and opportunities for oil and gas companies to integrate Bitcoin mining and other tech-driven energy solutions into their operations, including considerations for infrastructure, maintenance, and regulatory compliance.The potential for energy companies to leverage Bitcoin mining not only as a revenue stream but also as a strategic tool for energy management, environmental compliance, and enhancing operational efficiency.Join us as we explore how the convergence of energy and technology is reshaping the landscape of both industries, offering new opportunities for innovation, sustainability, and profitability. -
Revolutionizing Geoscience Data Management: Ikon Science's Bold Move
In this episode of the Oil and Gas Startups Podcast, we dive into Ikon Science's innovative approach to geoscience data management. With a history spanning over two decades, Ikon Science is not a startup but is launching a new product that embodies a startup mentality. This product aims to transform the accessibility and management of geoscience data, leveraging generative AI and machine learning to bring data management out of the archives and into operations.
This episode dives into:
The origin and evolution of Ikon Science, highlighting its expertise in rock physics and geoscience.The challenges and solutions in managing geoscience data, including the transition from traditional methods to leveraging AI for better data accessibility and management.
The introduction of Curate, Ikon Science's new product designed to centralize and streamline the management of subsurface data, making it easily accessible and actionable.
The role of generative AI and machine learning in enhancing data management processes, from automating data categorization to generating insights and facilitating better decision-making in geoscience.
The impact of advanced data management on the geoscience field, including the potential for a resurgence of G&G professionals and the importance of adapting to modern data management technologies to stay competitive.
Join us as we explore how Ikon Science is addressing the pressing need for improved data management in the geoscience domain, promising to revolutionize the way geoscientists access, manage, and utilize data to drive better outcomes in their operations. -
Energizing the Future: Conduit Power's Innovative Approach to Stranded Gas
In this episode, we explore Conduit Power's groundbreaking solution to transform stranded flared gas into valuable power, offering a sustainable and profitable alternative for E&P producers, with insights from co-founders Ben and Travis on their journey through the evolving landscape of energy transition and distributed generation.
This episode delves into:
The origin story of Conduit Power, highlighting how Ben and Travis leveraged their backgrounds in the energy sector to address the challenge of low gas prices and high power volatility, creating a unique business model that benefits E&P producers by converting stranded gas into electricity.An in-depth look at Conduit Power's turnkey solution, which encompasses design, build, operate, and manage services, enabling E&P producers to monetize stranded gas efficiently and contribute to the grid's stability.The significance of power quality and the innovative use of battery storage alongside natural gas turbines to ensure reliable and dispatchable power, addressing the intermittent nature of renewable energy sources like wind and solar.The broader implications of distributed generation and the role of natural gas as a transitional fuel in achieving a balanced and sustainable energy mix, emphasizing the need for a holistic view that includes thermal generation alongside renewables.Conduit Power's growth trajectory and future plans, including expanding into new markets like PJM and partnering with more E&P producers to unlock the value of stranded gas, underscoring the company's commitment to energy transition and grid stability.Join us as we dive into the transformative work of Conduit Power, shedding light on the potential of stranded gas as a key player in the energy transition, and how innovative business models and technologies can pave the way for a more sustainable and efficient energy landscape.
Customer Reviews
Jim Fisher on Oracle on Oil & Gas Start Up Episode
Wow! This episode was fantastic and loved hearing Jim Fisher’s perspective on the oil & gas industry and where he sees the marketing moving.
Great Podcast
Fantastic podcast for those that like to learn and are interested in the oil and gas industry. Each episode seems to highlight a different portion of the oil and gas industry and the show really demonstrates the wide number of opportunities the industry offers. This podcast is a go to when I’m feeling uninspired or burnt out.
I find myself going back and re-listening to old episodes multiple times.
Can’t hear Alex
Great content but they need to get Alex a better mic or maybe have him speak closer to it. I can’t hear Alex at all most of the time and am surprised there was no QC done before the podcast is released