Evolve The Next Evolution of Oil & Gas

Evolve: Real-time oil and gas industry data is ‘going to be huge’

Chuck Yates is joined by George Paraskevopoulos at Evolve

This fireside chat recap is from Evolve: The Next Generation of Oil & Gas, a virtual summit presented by Digital Wildcatters and FreightWaves.

FIRESIDE CHAT TOPIC: How transparency is changing the oil and gas industry 

DETAILS: A look at what happens midstream and downstream after the oil is pulled out of the ground and how the role of traders may change as more transparency – analytics and real-time data – floods into the oil and gas industry.

INTERVIEWER and SPEAKER: Chuck Yates of Digital...

https://www.freightwaves.com/news/evolve:-real-time-oil-and-gas-industry-data-is-going-to-be-huge

Evolve: Data Gumbo serves up real-time visibility

This chat was part of Evolve: The Next Evolution of Oil & Gas, a virtual summit presented by Digital Wildcatters and FreightWaves Wednesday. 

TOPIC: Why operators need real-time visibility into LOEs

DETAILS: Lease operating expenses (LOEs), the costs of lifting oil or gas from a producing well, can be improved using high-value, real-time data from the field.

SPEAKERS: Andrew Bruce of Data Gumbo and Yousuf Chaudhary of Atlas Operating. The discussion was moderated by Digital Wildcatters’ Collin...

https://www.freightwaves.com/news/evolve-data-gumbo-serves-up-real-time-visibility

Evolve: Sourcewater leads upstream firms down to the waterside

A photograph of a man sitting in a room and facing the camera.

This fireside chat recap is from Wednesday’s Evolve: The Next Evolution of Oil & Gas, a virtual summit presented by Digital Wildcatters and FreightWaves.

FIRESIDE CHAT TOPIC: The energy intelligence revolution: AI, machine learning and geospatial big data. 

DETAILS: Max Gagliardi chats with Josh Adler about Sourcewater’s origins and the company’s role in helping upstream companies find water resources for their fracking operations through the use of satellite imagery, regulatory data and...

https://www.freightwaves.com/news/evolve-sourcewater-leads-upstream-firms-down-to-the-waterside

Evolve chat recap: ResFrac focuses on frack modeling

FIRESIDE CHAT TOPIC:  Next-generation of shale oil recovery

DETAILS: Extracting oil from shale formations requires much different technology and resources than standing up an oil rig to pump oil from an underground reservoir. Drilling needs to be able to turn sideways, and hydraulic fracturing is needed to break apart the rock and let the oil seep out. Many fields are producing less, so operators need new modeling techniques to figure out where to explore next.

SPEAKER: Garrett Fowler, chief...

https://www.freightwaves.com/news/evolve-chat-recap:-resfrac-focuses-on-frack-modeling

Evolve: Live with division vice president of SkyBitz

Digital Wildcatters Founder Collin McLelland went live as a part of the Evolve: Future of Oil & Gas event and talked to Anton Albrand, division vice president at SkyBitz. 

SkyBitz has applications across transportation and logistics, but also in oil and natural gas, providing visibility on real-time conditions of wells and gas flows. Albrand said the majority of SkyBitz’s focus is on downstream movement of oil and gas materials as they move into use as lubricants and chemicals. 

There are four...

https://www.freightwaves.com/news/evolve-live-with-division-vice-president-of-skybitz

Evolve: ResFrac technology simulates performance of shale oil wells

This demo was staged during the Evolve: The Next Evolution of Oil & Gas virtual summit presented by Digital Wildcatters and FreightWaves.

DEMO TOPIC:  Using modeling to simulate the life cycle of an unconventional shale oil well to target best drilling locations and make adjustments to existing wells.

DETAILS:  Many fields are producing less, so operators need new modeling techniques to figure out where to explore next. New modeling technology can simulate the life cycle of a well from start to...

https://s29755.pcdn.co/news/evolve:-resfrac-technology-simulates-performance-of-shale-oil-wells

Evolve keynote: ‘Nothing builds culture like winning’

Toby Rice, CEO of EQT Corp, said “culture is everything” when creating a company that can thrive.

Rice co-founded Rice Energy Inc., a Pennsylvania-based natural gas producer, with his brother Derek in 2007. In 2017, Rice Energy was sold to EQT for $6.7 billion. 

In 2019, Rice became CEO at Pittsburgh-based EQT Corp, the largest natural gas producer in the United States.

“At the end of the day, what we’re trying to do is generate great results. It’s not about suits, it’s not about bureaucracy, it’s...

https://s29755.pcdn.co/news/evolve-keynote-nothing-builds-culture-like-winning

Evolve: ThoughtTrace uses AI to bring transparency, expose risk in documents

A screen from a live demonstration of the document analysis platform ThoughtTrace

This product demonstration was shared during Evolve: The Next Evolution of Oil & Gas, presented by Digital Wildcatters and FreightWaves.

RAPID-FIRE DEMO: Artificial intelligence-powered document analysis firm ThoughtTrace

DETAILS: ThoughtTrace provides an AI and machine learning-powered platform that specializes in the categorization and analysis of contracts and agreements.  

SPEAKERS: Arthur Medina, vice president of digital transformation, oil and gas; and Nick Hutchens, subject-matter expert...

https://s29755.pcdn.co/news/evolve:-thoughttrace-uses-ai-to-bring-transparency-expose-risk-in-documents

Evolve: Technology key to oil and gas customers’ success

Power Sentry's rapid fire demo

EVOLVE RAPID-FIRE DEMO TOPIC: Power Sentry: Innovative power management

DETAILS: Power Sentry, headquartered in Houston and founded in 2017, provides power management solutions to the oil and gas industry. Its legacy product is its On-Site Storage (OSS) system, which captures the regenerative energy created during pump strokes and recycling the energy to the pump motor. The company’s newest product, Electrical Ride-Through (ERT), launched in July 2020, provides supplementary power and reduces...

https://www.freightwaves.com/news/evolve:-technology-key-to-oil-and-gas-customers-success

Evolve: Geosite helps companies analyze greenhouse gas emissions

A screenshot of computer-generated map.

This product demonstration was shared during Evolve: The Next Evolution of Oil & Gas, presented by Digital Wildcatters and FreightWaves.

RAPID-FIRE DEMO: Geospatial data mapping firm Geosite.

DETAILS: Geosite fuses together data from various sources — client and third-party data, regulatory data, drone and satellite imagery and IoT devices — to enable energy clients to glean an informed perspective on their greenhouse gas emissions.

SPEAKER: Jeff Williams, energy business development and sales lead

https://www.freightwaves.com/news/evolve-geosite-helps-companies-analyze-greenhouse-gas-emissions

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