Digital Oil and Gas
4.4 (861 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
1,230 students enrolled

Digital Oil and Gas

How Digital Technologies Will Impact the Oil and Gas Industry
Bestseller
4.4 (861 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
1,230 students enrolled
Created by Geoffrey Cann
Last updated 7/2020
English
English
Current price: $37.99 Original price: $39.99 Discount: 5% off
4 days left at this price!
30-Day Money-Back Guarantee
This course includes
  • 7 hours on-demand video
  • 11 downloadable resources
  • Full lifetime access
  • Access on mobile and TV
  • Assignments
  • Certificate of Completion
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What you'll learn
  • Definitions of digital terminology
  • Leading digital technologies impacting oil and gas
  • Pace and nature of impacts of digital technologies on oil and gas
  • Management challenges of adopting digital innovations in oil and gas
Requirements
  • High level understanding of the oil and gas industry
  • General awareness of digital technologies
Description

Digital technologies are poised to make an impact on the oil and gas industry, but when? What will be the impacts? Which technologies will have the greatest impact? How big will the impact be? How will these technologies be best implemented? How can companies, suppliers, regulators and employees prepare for these changes? What does this mean for your oil and gas career?

The combination of COVID19 and the oil price war between Russia and Saudi Arabia (and the rest of OPEC), is creating great pressure on the industry to modernize as much and as fast as possible. Digital tools are among the few remaining ways that the industry can improve costs, productivity and climate impacts with one stroke.

This course (Version 2.0) is the on-line version of the one-day in-person seminar offered by the course instructor to oil companies and services companies around the world. Described as “the definitive guide to preparing your career for digital in oil and gas”, Digital Oil and Gas is a one-stop place to learn about digital in the industry.

Participants learn the terminology and backstory to digital innovation in the industry, a framework for thinking about digital technologies, the maturity and impact of leading technologies, and the likely opportunities in upstream, midstream and downstream.

The course is based on the bestselling book, ‘Bits, Bytes, and Barrels: The Digital Transformation of Oil and Gas’, available on Amazon, Audible, iTunes and many other on-line book shops. 

Who this course is for:
  • oil and gas industry professionals
  • technology industry professionals
  • field service companies
  • consultants to oil and gas
Course content
Expand all 86 lectures 07:11:27
+ Introduction
7 lectures 47:40

Welcome to Digital Oil And Gas. A personal greeting from your instructor Geoffrey Cann

Additional resources include:

Blog article -> The Brave New World of Digital in Oil and Gas.

I wrote this article in August 2016 to kick start my book and this course.

Blog article -> 5 Clever Digital Technologies for Oil and Gas

This article dates back to October 2016, and was my first exploration of the leading technologies that would eventually impact oil and gas. 

Preview 05:25

In this video we introduce the learning goals for section 1:

  • a working definition of digital,

  • the two laws of digital (exponential growth and network value),

  • capital markets and digital, and

  • insights from early adopters

If you need an overview of the oil and gas industry, consider taking Section 12, Oil and Gas 101 for a brief introduction.

Preview 01:26

This lecture presents a working definition of digital:

  • IEA definition

  • data

  • analytics

  • connectivity

Additional Resources: 

Blog: Digitalisation of Energy: A European View

This article describes the work of the International Energy Agency (IEA) to understand how digital could impact the energy industry, including oil and gas, power, and renewables.

Working definition of digital
14:43

Which of the following things are digital, under this definition


Digital or Not Digital?
7 questions

This lecture describes two laws that govern digital

  • Moore's Law and

  • Metcalfe's Law


Two Laws of Digital
06:31
Metcalfe's Law in action
3 questions

This lecture explains how digital company valuations have changed since 2002 and are now outstripping all other sectors

Capital Markets and Valuation
06:13
You are on the management team of Regnaros Environmental Services, a company that supplies the gas industry with a gas sensor. Complete a SWOT analysis of the company.
Case Assignment -- SWOT Analysis
3 questions

This lecture discusses how early adopters add insight into the concepts of company ecosystems, cyber concerns and reacting to new business models .

Below is a blog article which looks at the current situation in oil and gas, and makes a case for digital ecosystems.

Critical Insights from Early Adopters
11:15
Identifying New Business Models
4 questions

This is a short summary of Section 1

Recap of Learning Goals
02:07
+ Digital Framework
7 lectures 35:09

This lecture outlines the learning goals for this section.

If you need an overview of the oil and gas industry, consider taking Section 12, Oil and Gas 101 for a brief introduction.

Learning Goals
00:52

This lecture gives a brief overview of the entire digital framework and it's components

The article below is a more detailed overview of the framework, and how it can apply to oil and gas.

The Digital Framework Overview
01:08

This lecture describes the components:

  • Data

  • IOT

  • AI

  • Robotics

How Data, IOT, AI and Robotics fit in the Framework
07:39

Test your knowledge about these components of the framework: Data, IOT, AI, Robotics

Data, IOT, AI, and Robots
8 questions

This lecture describes the framework components:

  • Cloud computing

  • Blockchain

  • ERP

More Framework Components Cloud, Blockchainand ERP
10:28

Test your understanding of Cloud Computing, Blockchain or ERP

Exploring Cloud computing, Blockchain and ERP
6 questions

This lecture discusses the talent issues in the framework such as:

  • Agile+User experience

  • People+ Change Management

Below is an article and a podcast which detail how digital can be thwarted in a business, particularly people-based causes.

Talent issues in the Digital Framework
05:49

This lecture summarizes all the components that make up the Digital Framework.

Framework recap and combining technologies
08:02

How well do you recognize the components of the digital framework?

Elements of the framework
4 questions

This is a review of the learning goals for this section

Recap Learning Goals
01:11
Considering the SWOT analysis for Regnaros, identify possible digital solution ideas that help boost a strength, correct a weakness, exploit an opportunity, or defend against a threat
Digital Opportunity Mapping
2 questions
+ Understanding the core of digital: data, IoT, AI and robotics
6 lectures 35:24

This lecture sets out the learning goals For this section: understanding digital’s core of data, IoT, AI and bots.

If you need an overview of the oil and gas industry, consider taking Section 12, Oil and Gas 101 for a brief introduction.

Learning Goals in Understanding the core of digital
00:34

This lecture describes data role in the digital framework. This includes:

  • the life blood of digital

  • Oil and gas is data rich

  • Upstream invented big data

  • Subsurface datasets, or seismic data, are bought and sold

  • Market for data, companies selling data and

so much more.


The resource below looks at the Open Data movement, and how data transparency will impact the industry.

All about Data
07:40

The Internet of things (IoT) is defined in this lecture. It's features, uses and issues and challenges are also discussed.

The resource below is an article which goes into deeper detail on IoT in oil and gas.

The interview is with Dave Shook of ShookIoT, where we look at not just sensors themselves, but how to manage all the data they generate.

All about the IoT
07:19

true or false

Data and IoT quiz
5 questions

Artificial intelligence (AI) is defined in this lecture. It's feature,uses, and value are also discussed.

The blog article and podcast below both look at the benefits of AI and how it will impact oil and gas.

Artificial Intelligence (AI)
11:40

Robotics (bots) are defined in this lecture. It's features, uses and value are also discussed.

The interview below is with Travis Schindler of SkyX, an aerial drone company. The podcast also looks at drones, and their use-cases in oil and gas.

Robotics (Bots)
05:59
AI and Bots quiz
3 questions

This lecture recaps the components of digital’s core of data, IoT, AI and bots

Recapping Data, Iot, AI and Bots
02:12
In this assignment you review the set of digital opportunity ideas and decide their fit with the business goals, urgency to tackle and expected impact.
Digital Opportunity Analysis Part 1
2 questions
+ Digital technologies: Cloud computing, Blockchain, and ERP
5 lectures 38:19

The learning goals of understanding the foundational digital technologies (cloud computing, blockchain, and ERP) is discussed in this lecture.

Learning Goals
00:56

Cloud computing is defined in this lecture. It's features, uses and values are also discussed.

The resource below is an article based on my observations while on a visit to Kuwait, and how the Middle East is viewing cloud for their Oil and Gas companies.

The interview below is with Shawn Martens of Ironsight. Ironsight leverages cloud to make an Uber-like platform for oilfield services.

Cloud Computing
09:44

Blockchain is defined in this lecture. It's features, uses and values are also discussed.

Below is an interview with Nish Kotecha of Finboot. Finboot is a blockchain company from the UK and Spain.

The blog article looks at different developments in Blockchain by the close of 2019.


Blockchain in Oil and Gas
17:00

True or False

Blockchain and Cloud Computing Quiz
5 questions

ERP is defined in this lecture. It's features and values are also discussed

Below I have an article and podcast that looks at ERP in the oil and gas world, as further reading.

ERP in Oil and Gas
08:30

True or false

ERP Quiz
3 questions

This lecture recaps what you should understand about digital’s foundational technologies — cloud computing, blockchain and ERP.

Recapping Cloud Computing, Blockchain and ERP
02:09
In this assignment, you will complete the opportunity analysis, focusing on the opportunities involving cloud, blockchain and ERP technologies.
Digital Opportunity Analysis Part 2
2 questions
+ Emerging Technology
5 lectures 23:03

The learning goals of this section are outlined in this lecture. The impacts of three emerging technologies — gamification, 3D printing, and Digital Reality are discussed.

Learning Goals
01:22

This lecture focuses on the technology Gamification. It's features, uses and values are also discussed

The podcast below looks at the potential for gamification to change the oil and gas industry, especially with training and asset optimization.

Gamification
06:45

This lecture focuses on the technology 3D printing. It's features, uses and values are also discussed.

The podcast and article below look at the ways that 3-D printing can disrupt the oil and gas industry.

3D Printing
05:17

True or False

Gamefication and 3D Quiz
4 questions
  • This lecture focuses on the technology Digital Reality. It's out of industry uses and use cases are also discussed

Digital Reality
07:43

This lecture recaps what you should understand about digital’s emerging technologies — gamification, 3D printing and digital reality.

Recapping Emerging Technologies
01:56
+ Digital Maturity Model
8 lectures 26:22

This section provides a framework for understanding the maturity and impact of different digital technologies on the oil and gas industry.

If you need an overview of the oil and gas industry, consider taking Section 12, Oil and Gas 101 for a brief introduction.

Learning Goals
00:47

This lecture outlines the concepts of maturity and level of impact each technology can have on the oil and gas industry.

Preview 05:37

This lecture describes Cloud Computing and ERP technologies as having high maturity and high impact on the oil and gas industry.

High Impact, High Maturity
03:22


Medium impact and high maturity technologies  such as gameification and digital reality are discussed in this lecture

Medium Impact, High Maturity
03:25

How do these technologies fit in with oil and gas?

Maturity Model True or False
4 questions


The IOT and robotics are categorized medium impact and medium maturity technologies.

The article attached to this lecture discusses the current lack of trust in machines, an explanation for the low level of maturity in robots and AI.

Medium impact, Medium maturity
07:11

Blockchain is discussed as a high impact and low maturity technology.

The article attached to this lecture looks at existing, real-world solutions and applications of blockchain in oil and gas, showing the early maturity but high impact of the technology.

High impact, Low maturity
02:20

3D printing is used as an example of a low impact and low maturity technology.

Low impact, Low maturity
02:14
More True and False about the Maturity Model
4 questions

A framework for understanding the maturity and impact of different digital technologies was provided in this section.

Recap lecture
01:26
In this assignment you will revisit the digital opportunity analysis and adjust the urgency higher or lower now that you have a better appreciation for the maturity of various digital innovations.
Digital Maturity Adjustment
1 question
+ Fuse and Bang
4 lectures 19:07

learning goal: To understand the timing and impacts of digital on the segments of the oil and gas value chain.

If you need an overview of the oil and gas industry, consider taking Section 12, Oil and Gas 101 for a brief introduction.

Learning Goals
00:29


This lecture discusses the timing and impact matrix (fuse and bang).

Timing and Fuse
08:06

The framework is applied to the value chain. This includes technology providers, services companies, retailers, exploration and production companies and midstream companies.


Applying the framework to the value chain
09:28
Pace of change
3 questions

The importance of understanding the timing and impacts of digital on the segments of the oil and gas value chain is summarized.


Recapping Fuse and Bang
01:04
+ Digital in the Upstream
7 lectures 27:32

This lecture defines upstream oil and gas and some of the orthodoxies that apply to this sector of the industry.

Learning goals
00:55

Key elements of the upstream sector are discussed in this lecture.

What is Upstream
05:48

Key business issues such as Improving yields of unconventional wells and water management and compliance are discussed in this lecture.

The interview below is with Dusty Sonnier of McCoy Global, a technology company that services upstream oil and gas.

Key Business Issues
05:05

This lecture discusses the current orthodoxies of the Upstream sector in oil and gas

The article below addresses Orthodoxies across the oil and gas value chain, and which may be disrupted by digital technologies. The podcast looks at orthodoxies in the industry that might be subject to change due to the 2020 pandemic crisis.

Orthodoxies
06:26

A short quiz on orthodoxies

Orthodoxies True or False
5 questions

Key technologies and their impacts are discussed in this lecture in relation to the Upstream sector

Digital Impacts
03:47

This lecture discusses the impact of technologies could have on Upstream oil and gas.

Business Model Impacts
03:57

Yield vs Cost

Which is better?
2 questions

This lecture provides a recap of the section: 

  • what is the upstream?

  • Some of the orthodoxies of the upstream.

  • Upstream’s key digital technologies.

  • Potential new business models

Recap of Section 8
01:34
In this assignment you will identify as-is orthodoxies about Regnaros' industry, how digital technologies can upend business practices, and propose new orthodoxies
Digital Orthodoxies
2 questions
+ Digital in Midstream Oil and Gas
7 lectures 23:29

This lecture describes Midstream oil and gas and outlines the digital issues.

Learning Goals
00:50

The key elements of the midstream oil and gas are discussed in this lecture.

What is the midstream
09:09

The key business issues of Midstream oil and gas such as optimizing use of assets over their full life, energy management (takes energy to make energy) and managing through turnarounds and shutdowns are discussed.

Key business issues
02:45

How easy is it for the midstream industry to embrace digital?

Ease of adoption of digital in Midstream oil and gas
4 questions

This lecture discusses the main orthodoxies that apply to Midstream Oil and Gas. These orthodoxies would include:

  • take or pay contracting

  • Routine repeatable work still best done by humans

  • complex network assets cannot be modeled

  • Tracking of cargos

Orthodoxies of Midstream Oil and Gas
04:20

Various digital technologies can be applied to Midstream oil and gas. Their impacts are discussed in this lecture.

The article below addresses the different digital innovations in the pipeline sector. The podcast also examines the different innovations in the pipeline sector.

Digital Impacts
01:55

This lecture discusses how digital technologies can impact the business model in Midstream oil and gas.

Business Model Impacts
02:49

The use case for a digital twin of an operating asset in Midstream oil and gas

Using Digital Twins
3 questions

This lecture summarizes what we have learned about digital’s impact on the midstream oil and gas,

Recapping Midstream Oil and Gas
01:41
+ Digital in Downstream Oil and Gas
8 lectures 24:24

This lecture introduces digital’s impact on the downstream oil and gas industry


Learning Goals
00:47

Key elements of the downstream for oil are discussed in this lecture. These include:

  • pipelines, ships, trucking and rail for moving petroleum products

  • Card lock sites

  • Petroleum storage, tank farms

  • Fuel delivery to retail sites, construction sites, airports, marinas, ports, bunkering

What is downstream oil?
04:43

This lecture discusses the various elements of downstream gas such as:

  • Gas distribution utilities

  • Shipping and port handling

  • Chartering carriers (ships, rail, truck, pipelines)

  • Logistics management

  • Trading of products

  • Network optimization

  • Construction of new assets

  • Maintenance and Operations of assets

What is downstream gas?
04:08

The key business issues in the impacts of digital technologies on Downstream oil and gas are discussed in this lecture. these include:

  • Adoption of connected, autonomous, shared, electric cars

  • Demand destruction

  • Development of smart cities

  • Compliance, safety and environmental protection

  • Competition for retail customer from utilities

  • Rise of alternative fuels (hydrogen, batteries)

and more...

Key Business Issues in Downstream Oil and Gas
05:15

Are all markets experiencing the same business issues?

Business issues in different markets
5 questions

This lecture discusses the following orthodoxies in downstream oil and gas:

  • humans buy fuel, not vehicles

  • Drivers collect fuel at retail

  • People to purchase and pay for goods in retail

  • Depend on people for routine work

  • Maximize asset utilization

Orthodoxies of Downstream Oil and Gas
02:38

This lecture discusses the impacts of digital technologies on downstream oil and gas. These include:

  • deeper understanding of consumer behaviour through apps

  • Improved customer services via apps

  • Optimization of assets, transparency through the supply chain

Digital Impacts on downstream oil and gas
01:49

Some of the business model impacts of digital technology in downstream oil and gas are discussed in this lecture. These impacts include:


  • fuel delivery to vehicles disrupts the retail model

  • Vehicle ownership model (car share) creates new corporate customer

  • Conversion of retail sites to community energy sites

Business Model Impacts in Downstream Oil and Gas
03:23

Identify a feature of the fuel retailing experience that could be disrupted by digital


Digital technologies and Fuel Retailing
5 questions

This lecture summarizes the impacts of digital technology on downstream oil and gas.

Recapping Downstream Oil and Gas
01:41