I had the opportunity to participate in Drillinginfo’s 2018 Energy Disruptors Summit last week in Lake Tahoe. This event, which focused on many of the critical issues facing today’s US energy markets, was designed not as a conference, but more of an information sharing opportunity among the invited executives from about 50 different companies. I had the honor of serving as the discussion leader for a couple of sessions covering blockchain; and in between those, I was able to sit-in on a few of the other compelling topics, including the changing fundamentals of US oil and gas production, the impact of renewable energy sources on hydrocarbon resources, oil market disruption caused by rapidly changing technology, and the potential influence of AI and machine learning in the exploration and production space. The sessions were conducted in a roundtable forum in which all attendees participated in the discussion and contributed their thoughts. I don’t want to jump the gun on whatever Drillinginfo might want to share about the discussions, but I will say its difficult for someone whose not involved in the day-to-day operational side of the business to fully appreciate the challenges the upstream energy markets face. The pace of change… continue reading
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