Novus Consulting on Oil and Gas Startups

Novus Consulting on Oil and Gas Startups

35:55 Apr 8, 2024
About this episode
Kate Stevenson from Novus Consulting joins us to unpack the crucial role of data and tech in modernizing the energy industry. With experience from Accenture to Chesapeake, Kate’s seen it all—she’s now using that expertise at Novus to tackle one of the industry’s biggest challenges: data management. Clean, organized data is the bedrock for everything from AI to streamlined operations, and Kate breaks down how Novus helps energy companies get their data in order, even during tricky M&A transitions. We also dive into the future of field operations tech, from automating workflows to optimizing lease operator tasks. Kate shares insights on the midstream sector’s shift towards SaaS and standardized processes, creating real efficiencies and cost savings. Plus, she touches on Bitcoin mining's unexpected ties with energy management, hinting at new synergies between oil and crypto. It’s a fascinating look at how data and tech are reshaping energy, and Kate’s here to guide us through it.Join the conversation shaping the future of energy.Collide is the community where oil & gas professionals connect, share insights, and solve real-world problems together. No noise. No fluff. Just the discussions that move our industry forward.Apply today at collide.ioClick here to watch a video of this episode. Click here to view the episode transcript. 00:00 - Intro01:03 - Novas Consulting Overview01:41 - Kate’s Professional Background05:44 - Passion for Consulting07:33 - Due Diligence in M&A09:18 - Surprises in the Consulting Industry13:08 - Breaking Departmental Silos16:53 - Current Industry Conversations20:37 - Impact of AI in Consulting22:58 - Staying Relevant in Consulting23:50 - Industry Leaning Trends25:10 - Independents vs Super Majors27:10 - Data Contextualization for AI29:00 - M&A Season Insights30:20 - Midstream vs Upstream Analysis31:30 - Bitcoin Mining Overview33:17 - Energy Implications of Bitcoin Mining33:45 - Complexity in Energy Markets34:02 - Closing Remarkshttps://www.instagram.com/digitalwildcattershttps://www.tiktok.com/@digitalwildcattershttps://www.facebook.com/digitalwildcattershttps://twitter.com/DWildcatters
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