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Energy 101: Revolutionizing Oil & Gas Completions with Data
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In this episode of Energy 101, we welcome Lee Payne, Director of Sales and Marketing at Cold Bore Technology, for his inaugural podcast appearance. We delve into the evolution of data in oil and gas completions and discuss the transformative impact of modern data management solutions on the industry.
Understanding Completions: Lee breaks down the term "completions" in the oil and gas context, emphasizing its importance in preparing a well for production, with a particular focus on fracking fleets.
Career Journey: Lee shares his diverse career trajectory, which spans banking, commercial real estate appraisal, and medical sales, before finding his niche in the oil and gas industry. His journey reflects the dynamic paths that can lead to industry involvement.
Transition to Oil and Gas: Detailing his start as a frac field engineer trainee, Lee narrates his progression through various roles, culminating in his leadership position at Cold Bore. He highlights the challenges and changes brought on by the COVID-19 pandemic, particularly in networking and professional interactions.
Data Evolution in Operations: This discussion explores the historical challenges of data management in oil and gas, such as reliance on physical media like CDs and thumb drives, and the advancements that have led to more efficient, real-time data solutions provided by companies like Cold Bore.
Industry Collaboration and Community: Lee emphasizes the importance of collaboration and community within the oil and gas sector. He discusses Cold Bore's approach to integrating with other companies and technologies to enhance service offerings and the cultural shift towards openness and cooperation within the industry.
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