Simetry on Oil and Gas Startups
10/18/21 • 39 min
The amount of data we generate and capture compounds daily - especially in this industry. Thanks to improvements in data network coverage from the major carriers, even some of the most remote locations have service now. Laptops, Tablets and IoT devices can now connect and steam this data like never before. The problem this creates is companies typically are forced to rely on multiple providers to get the coverage and rates they need. Simetry solves this issue by being a turn key data provider for operators and enables instant transparency into compounding data usage.
Digital Wildcatters brings the energy community together through events, cutting-edge content, and powerful tools. Join our online community at collide.io. Engage with experts, level up your career, and ask Collide AI your toughest technical questions.
Click here to watch a video of this episode.00:00 - Guest Introduction
01:05 - Stallion Oilfield Services Overview
04:04 - Starcom Insights
08:18 - Symmetry Company Profile
10:24 - Symmetry: Firewall as a Service
14:31 - Symmetry's Target Industries
17:09 - Origin Story of Symmetry
18:05 - Evolution of Stallion Oilfield Services
19:39 - Offshore vs Land Telecoms Comparison
26:50 - Global Connectivity Trends
28:31 - Future of Telecommunications
29:10 - Connectivity Trends Ahead
30:45 - Impact of Starlink on Business
33:35 - Connectivity in a Global Context
34:35 - Understanding Connectivity Mechanisms
36:40 - Finding Symmetry Services
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The amount of data we generate and capture compounds daily - especially in this industry. Thanks to improvements in data network coverage from the major carriers, even some of the most remote locations have service now. Laptops, Tablets and IoT devices can now connect and steam this data like never before. The problem this creates is companies typically are forced to rely on multiple providers to get the coverage and rates they need. Simetry solves this issue by being a turn key data provider for operators and enables instant transparency into compounding data usage.
Digital Wildcatters brings the energy community together through events, cutting-edge content, and powerful tools. Join our online community at collide.io. Engage with experts, level up your career, and ask Collide AI your toughest technical questions.
Click here to watch a video of this episode.00:00 - Guest Introduction
01:05 - Stallion Oilfield Services Overview
04:04 - Starcom Insights
08:18 - Symmetry Company Profile
10:24 - Symmetry: Firewall as a Service
14:31 - Symmetry's Target Industries
17:09 - Origin Story of Symmetry
18:05 - Evolution of Stallion Oilfield Services
19:39 - Offshore vs Land Telecoms Comparison
26:50 - Global Connectivity Trends
28:31 - Future of Telecommunications
29:10 - Connectivity Trends Ahead
30:45 - Impact of Starlink on Business
33:35 - Connectivity in a Global Context
34:35 - Understanding Connectivity Mechanisms
36:40 - Finding Symmetry Services
https://www.instagram.com/digitalwildcatters
https://www.tiktok.com/@digitalwildcatters
https://www.facebook.com/digitalwildcatters
https://twitter.com/DWildcatters
Previous Episode
JAI Energy on Oil and Gas Startups
Is Bitcoin mining the future of Oil and Gas? JAI Energy is on the forefront with their Bitcoin mining operation in Wyoming. Ryan and Justin share their story of making the transition from being on a management team of an E&P to being one of the most innovative Bitcoin miners.
Digital Wildcatters brings the energy community together through events, cutting-edge content, and powerful tools. Join our online community at collide.io. Engage with experts, level up your career, and ask Collide AI your toughest technical questions.
Click here to watch a video of this episode.00:00 - Intro
00:56 - J Energy Startup Journey
04:40 - Bitcoin Mining vs Oil and Gas
07:47 - Bitcoin Mining and E&P Operations
09:42 - Ryan’s Midnight Call Insight
12:21 - Connectivity Challenges in Remote Mining
15:25 - Flared Gas vs Residue Gas Explained
20:35 - Bitcoin Mining and Renewable Energy Bridge
24:31 - Upstream Energy Perspective on Bitcoin
25:47 - Holding Bitcoin on Balance Sheet
27:30 - Understanding Bitcoin’s Value
29:50 - Overcoming Bitcoin Mining Obstacles
34:25 - Environmental Impact of Bitcoin Mining
37:34 - Global Impact of Bitcoin
41:25 - Bitcoin’s Value Proposition Analysis
44:10 - Comparing Bitcoin and Gold
44:40 - Bitcoin vs Clothes Dryers
48:20 - Handling of Mineral Owners
52:30 - Reality of Free Gas in Bitcoin Mining
56:38 - Bitcoin Mining as New Shale Revolution
59:12 - Final Thoughts with Ryan and Chuck
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Next Episode
Vintri Tech on Oil and Gas Startups
Data management is one of the biggest challenges facing our industry today. It's hard to manage what we have when we're constantly generating more. There are ton's of tools for capturing this data and probably even more when it comes to analyzing it - especially for Upstream. Vintri Tech is different in that they don't smash together a billion data points and eliminate anomalies that could be vital to the life and reliability of assets like pipelines. Their tech makes it easy for engineers to conduct a forensic audit and determine which data is correct and ultimately what's important.
Digital Wildcatters brings the energy community together through events, cutting-edge content, and powerful tools. Join our online community at collide.io. Engage with experts, level up your career, and ask Collide AI your toughest technical questions.
Click here to watch a video of this episode.00:00 - Jeff Boyle, Venturi Tech
01:12 - Sierra Club vs Carbon Capture
02:08 - Meaning of Venturi Tech
03:20 - Functions of Venturi Tech
05:18 - Understanding Data Management
05:39 - Problems Solved by Venturi Tech
08:38 - Post-Issue Identification Actions
12:36 - How to Blow Up a Pipeline
17:30 - Asset Agnostic Data Management
23:34 - Background Before Material Trace
26:20 - Ensuring Data Accuracy
26:40 - Future Market Outlook
28:45 - Time Spent on Data Chasing
32:22 - Contacting Jeff Boyle
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