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The slow pace that oil and gas is exploring the intriguing potential of Blockchain makes one wonder just how real the promise is. It’s very real, as evidenced by a recent field trial in Europe.

 

Much thanks to my friend and colleague, Randy Wilson, who has been orchestrating the field work.

 

How might blockchain technology solve one of the most frustrating and costly problems of the digital oil and gas industry? The sector builds new assets constantly, but engineering documents and systems that are supposed to accurately depict as built asset do not, leading to substantial...

You've no doubt heard about bitcoin, a cyber currency based on a technology called blockchain? Well, there's so much more to blockchain than currency, and it will eventually have a pretty dramatic impact on aspects of oil and gas. Duration: 9m 15s ...