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Tracking Oil & Gas Field Performance with Visual Data Analytics

STEO2012 Non OPEC Crude and Liquids production Growth to 2013

North America’s oil & gas production growth is the envy of the world. From the Alberta oil sands to shale plays across the US, we are getting down to business fueling our economy.  In the first five months of 2012 the US grew domestic oil production by 395,000 barrels per day to 6.2 million barrels per day. (See figure above.) Think about that---395,000 barrels per day growth in production is equal to about 15% of the 2.6 million barrels per day in spare productive global oil …Continue Reading »

Lower Costs, Better Performance and More Profitability in Well Field Operations

well-field-production

HotLeap TRACKER pays for itself in savings at one well by alerting field crews to match methanol injection to well production rates across the well field. North America’s energy production growth is the envy of the world. From the Alberta oil sands to shale plays across the US, we are getting down to business fueling our economic growth. New technology is enabling domestic energy production growth and solving the most vexing field problems.  New regulations impact well operations requiring …Continue Reading »

The Future of Software: Creating Recurring Revenue Value from the Wisdom of the Crowd

TCLabz DER Future

For software and information products companies recurring revenue strategies are a key to improving the quality of earnings, enhancing the overall valuation of the firm and scaling growth with improved EBITDA.   Often, the strategy, growth and sustainability challenges facing information technology businesses are the same as those faced by their clients.  If the firm can deploy solutions that work across  core competencies then productize those using best practices, methods, data, and deliver …Continue Reading »

Field Data Capture and Synch Made Easy

Hot Leap PRO

No guesswork, no doubts, no hassles----it’s data gathering made EASY!  That is the need of any oil and gas business from the Alberta oil sands to the unconventional oil and gas plays across the US. TCLABZ based in Boston and Hot Button Solutions based in Calgary announce: HOTLeap™PRO is a FAST, RELIABLE and EASY to use solution for comprehensive data capture for remote workers or work sites.  It works with any Windows-based handheld device or with our rugged field data collection …Continue Reading »

Smart Grid Benefits from the Wisdom of the Crowd

California-State-University-Microgrid-Network-Landscape

Tech and Creative Labs (TCLABZ) was born out of the disruptive innovation realization that insight could be extracted from the online interaction of people trying to figure out what is going on, what might happen next, and what if I do “X” instead of “Y”?  We believe in the wisdom of the crowd to provide a fast, efficient, consistent basis for evaluating opportunities and risks across alternative views of the global business future.  We see scenario analysis as a powerful qualitative partner to …Continue Reading »

TCLABZ Crowdsourced Scenario Process

TCLabz PredictiveEnergyAnalytics

These are the most exciting times in the electric power industry since Thomas Edison was alive---that’s both the bad news and the good.  The boom and bust forces of change are moving us through the correction stage of the power business cycle setting up a return to growth. What keeps investors and energy executive up at night?: Lower energy demand has hurt utility and merchant generator revenues and earnings but costs are continuing to grow, how do I refocus my business for growth in the next …Continue Reading »

Trend Analysis from the Wisdom of the Crowd

Predictive Signals cropped

Tech and Creative Labs (TCLABZ) was born out of the disruptive innovation realization that insight could be extracted from the temporal, semantic, dynamic predictive analysis of the search for answers from the millions of people online trying to figure out what is going on, what might happen next, and what if I do “X” instead of “Y”? We believe in the wisdom of the crowd to provide a fast, efficient, consistent basis for evaluating technology opportunities and risks across alternative views of …Continue Reading »

Energy Industry Implications of Gartner’s IT Predictions

The beginning of a New Year is the traditional time for predictions or New Year’s Resolutions.  We see them in every industry category.  Gartner is out with a list of its own that includes some items that could have some profound implications for the changing energy industry. Here’s the Gartner list and my take on the energy industry implications if they got it right: In 2013, the investment bubble will burst for consumer social networks, and for enterprise social software companies in 2014. …Continue Reading »

Can Technology Improve Natural Gas Pipeline Safety?

The natural gas pipeline explosion in San Bruno California is a tragic accident no one wants to see repeated.  Recently Pacific Gas & Electric reported to the California Public Utility Commission that it found a dangerous leak on a Contra Costa County gas distribution line that has never been surveyed even though such inspections are required every five years. There are two reasons this issue is important to me. First, for five years I ran the natural gas pipeline safety inspection program …Continue Reading »

'You've got to find what you love!'

Stanford Report, June 14, 2005 This is a prepared text of the Commencement address delivered by Steve Jobs, CEO of Apple Computer and of Pixar Animation Studios, on June 12, 2005. Watch it on YouTube. I am honored to be with you today at your commencement from one of the finest universities in the world. I never graduated from college. Truth be told, this is the closest I've ever gotten to a college graduation. Today I want to tell you three stories from my life. That's it. No big deal. Just …Continue Reading »