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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.

 

The last several meetings that I’ve had with oil and gas industry executives have ended with a variation of the same question: now that we have reduced our costs to match commodity prices, how do we keep them from rising again?

 

Digital technology is advancing at a great pace, but which technologies could have an outsized impact on the oil and gas sector, particularly the high cost oil sands projects? Canada is a technologically advanced nation, and we're facing some pretty tough challenges at the moment -...

Digital technology is advancing at a great pace, but which technologies could have an outsized impact on the oil and gas sector, particularly the high cost oil sands projects? Canada is a technologically advanced nation, and we’re facing some pretty tough challenges at the moment – all the right conditions for technology adoption.

 

Here’s my thoughts on five clever technologies with a place in the future of the industry.