Oil and Gas Business Performance Across Your Entire Value Chain

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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 »

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 »

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 »

Who Will Serve the Energy Vertical in the Next Boom?

SOURCE: Ventyx Energy Advisors The change in market fundamentals, competition and technology are turning the energy vertical on its head bringing new entrants using new solutions not yet commercially available in the last boom stage to transform big data into big competitive advantage in the next boom. The tools of choice include mobile real-time data gathering and access, cloud-based predictive analytics, data visualization and social networking tools to put it all together seamlessly. What am …Continue Reading »

Could Disruptive Technology Prevent another San Bruno Gas Pipeline Disaster?

I live in the San Francisco Bay area where a year ago a horrible natural gas pipeline explosion ripped through a suburban community killing people and destroying a neighborhood.  All across America the headline news stories and video of the  San Bruno explosion sent chills down the spine as every homeowner watched wondering if that could happen in their neighborhood. Thankfully, such tragedies happen rarely but as infrastructure ages and maintenance costs get squeezed the stuff buried …Continue Reading »

With Apologies to my friends at Microsoft!

"A helicopter was flying around above Seattle yesterday when an electrical malfunction disabled all of the aircraft's electronic navigation and communication equipment. Due to the clouds and haze the pilot could not determine his position or course to steer to the airport. The pilot saw a tall building, flew toward it, circled, drew a handwritten sign and held it in the helicopter's window. The sign said "WHERE AM I ?" in large letters. People in the tall building quickly responded to the …Continue Reading »