
it is true I am a nerd but this nerd is going to change the world through the
going to change the world through the
going to change the world through the power of science and technology and I’m
power of science and technology and I’m
power of science and technology and I’m here to talk about it in my career I
here to talk about it in my career I
here to talk about it in my career I never thought that I was going to study
never thought that I was going to study
never thought that I was going to study oil and gas and said and went to school
oil and gas and said and went to school
oil and gas and said and went to school and I studied pre-med and while at
and I studied pre-med and while at
and I studied pre-med and while at school I accidentally made suffer for a
school I accidentally made suffer for a
school I accidentally made suffer for a fortune 200 pharmaceutical company after
fortune 200 pharmaceutical company after
fortune 200 pharmaceutical company after this I actually got the role as a chief
this I actually got the role as a chief
this I actually got the role as a chief information technology officer of a
information technology officer of a
information technology officer of a large growing oil and gas firm I focused
large growing oil and gas firm I focused
large growing oil and gas firm I focused our research and development on systems
our research and development on systems
our research and development on systems for hydrostatic pressure testing
for hydrostatic pressure testing
for hydrostatic pressure testing robotics and big analytical databases
robotics and big analytical databases
robotics and big analytical databases I was then offered a second role as the
I was then offered a second role as the
I was then offered a second role as the chief information technology officer of
chief information technology officer of
chief information technology officer of a second one gas firm where we were
a second one gas firm where we were
a second one gas firm where we were using internet things technology and
using internet things technology and
using internet things technology and embedding these in high pressure assets
embedding these in high pressure assets
embedding these in high pressure assets called fluids I co-founded my own firm
called fluids I co-founded my own firm
called fluids I co-founded my own firm where we were doing big data analytics
where we were doing big data analytics
where we were doing big data analytics for government and large corporations to
for government and large corporations to
for government and large corporations to break this information up until usable
break this information up until usable
break this information up until usable sizes and today what we’re doing is I’m
sizes and today what we’re doing is I’m
sizes and today what we’re doing is I’m combining all this experience with my
combining all this experience with my
combining all this experience with my co-founder and we are using IOT and
co-founder and we are using IOT and
co-founder and we are using IOT and artificial intelligence to predict
artificial intelligence to predict
artificial intelligence to predict pipeline leaks before they happen
I’m so sorry so when I tell people about
I’m so sorry so when I tell people about my career in oil and gas most people
my career in oil and gas most people
my career in oil and gas most people think that this comes with fast cars big
think that this comes with fast cars big
think that this comes with fast cars big checking accounts and hatred for the
checking accounts and hatred for the
checking accounts and hatred for the environment what they don’t realize is
environment what they don’t realize is
environment what they don’t realize is that this Eagle Scout and lover
that this Eagle Scout and lover
that this Eagle Scout and lover petroleum is actually an avid
petroleum is actually an avid
petroleum is actually an avid environmentalist and so with that in
environmentalist and so with that in
environmentalist and so with that in mind I asked seventy people in my
mind I asked seventy people in my
mind I asked seventy people in my network what their thoughts and feelings
network what their thoughts and feelings
network what their thoughts and feelings were on oil and gas and the results were
were on oil and gas and the results were
were on oil and gas and the results were kind of disturbing so what we found is
kind of disturbing so what we found is
kind of disturbing so what we found is that 30 over 30 percent immediately
that 30 over 30 percent immediately
that 30 over 30 percent immediately thought of what oil and gas is a fuel or
thought of what oil and gas is a fuel or
thought of what oil and gas is a fuel or an energy however a lot of people
an energy however a lot of people
an energy however a lot of people brought up concerns about environment
brought up concerns about environment
brought up concerns about environment fracking money politics corruption you
fracking money politics corruption you
fracking money politics corruption you name it they set it to put this simpler
name it they set it to put this simpler
name it they set it to put this simpler 53% immediately thought of negative
53% immediately thought of negative
53% immediately thought of negative things when confronted with oil and gas
things when confronted with oil and gas
things when confronted with oil and gas this is actually in stark contrast with
this is actually in stark contrast with
this is actually in stark contrast with the 2016 energy production report
the 2016 energy production report
the 2016 energy production report produced by the EIA which states that 61
produced by the EIA which states that 61
produced by the EIA which states that 61 percent of our energy produced in this
percent of our energy produced in this
percent of our energy produced in this country is from either oil or natural
country is from either oil or natural
country is from either oil or natural gas and study after study has actually
gas and study after study has actually
gas and study after study has actually shown that cheap and reliable access to
shown that cheap and reliable access to
shown that cheap and reliable access to energy is what drives innovation and
energy is what drives innovation and
energy is what drives innovation and drives civilizations development so
drives civilizations development so
drives civilizations development so that’s why I’ve developed my career to
that’s why I’ve developed my career to
that’s why I’ve developed my career to focus on one of the largest problems in
focus on one of the largest problems in
focus on one of the largest problems in oil and gas and that’s pipeline leaks
oil and gas and that’s pipeline leaks
oil and gas and that’s pipeline leaks before I address any problem I like to
before I address any problem I like to
before I address any problem I like to know the numbers and the numbers really
know the numbers and the numbers really
know the numbers and the numbers really speak to me as kind of a geek right and
speak to me as kind of a geek right and
speak to me as kind of a geek right and so what you find is that there’s 2.5
so what you find is that there’s 2.5
so what you find is that there’s 2.5 million miles of pipeline in this
million miles of pipeline in this
million miles of pipeline in this country nearly 2.6 million miles you
country nearly 2.6 million miles you
country nearly 2.6 million miles you divide that by the few hundred state
divide that by the few hundred state
divide that by the few hundred state inspectors the few hundred federal
inspectors the few hundred federal
inspectors the few hundred federal inspectors and what you get is that
inspectors and what you get is that
inspectors and what you get is that there’s over 4,500 miles of pipeline
there’s over 4,500 miles of pipeline
there’s over 4,500 miles of pipeline between each inspector you’re starting
between each inspector you’re starting
between each inspector you’re starting to see the problem we then multiply this
to see the problem we then multiply this
to see the problem we then multiply this by the average pipeline leak per company
by the average pipeline leak per company
by the average pipeline leak per company being about 93 and the average leak
being about 93 and the average leak
being about 93 and the average leak costing over two hundred thousand
costing over two hundred thousand
costing over two hundred thousand dollars that means that each company’s
dollars that means that each company’s
dollars that means that each company’s hemorrhaging over 18 million nearly 19
hemorrhaging over 18 million nearly 19
hemorrhaging over 18 million nearly 19 million dollars annually this leads to a
million dollars annually this leads to a
million dollars annually this leads to a 30 billion dollar loss in revenue for
30 billion dollar loss in revenue for
30 billion dollar loss in revenue for these companies so with this you can
these companies so with this you can
these companies so with this you can kind of take away two points one there’s
kind of take away two points one there’s
kind of take away two points one there’s money to be made and that’s
money to be made and that’s
money to be made and that’s great news for a startup like us and
great news for a startup like us and
great news for a startup like us and investors love it too but – the problem
investors love it too but – the problem
investors love it too but – the problem is growing we’re seeing it time and time
is growing we’re seeing it time and time
is growing we’re seeing it time and time again in the news right and the reason
again in the news right and the reason
again in the news right and the reason why it’s growing is actually threefold
why it’s growing is actually threefold
why it’s growing is actually threefold one the average age of pipelines in this
one the average age of pipelines in this
one the average age of pipelines in this country is over 50 years old – the
country is over 50 years old – the
country is over 50 years old – the current ways of monitoring these
current ways of monitoring these
current ways of monitoring these pipelines are archaic and antiquated and
pipelines are archaic and antiquated and
pipelines are archaic and antiquated and three we are actually expanding our
three we are actually expanding our
three we are actually expanding our pipeline network by two to five thousand
pipeline network by two to five thousand
pipeline network by two to five thousand miles every single year so we need this
miles every single year so we need this
miles every single year so we need this infrastructure it is growing and this
infrastructure it is growing and this
infrastructure it is growing and this problem is only going to get worse so it
problem is only going to get worse so it
problem is only going to get worse so it needs to be stopped now so for a data
needs to be stopped now so for a data
needs to be stopped now so for a data nerd like me the solution becomes pretty
nerd like me the solution becomes pretty
nerd like me the solution becomes pretty obvious and that’s simply technology
obvious and that’s simply technology
obvious and that’s simply technology before I address any problem you know
before I address any problem you know
before I address any problem you know once again we go back to the numbers and
once again we go back to the numbers and
once again we go back to the numbers and what we find is that the majority share
what we find is that the majority share
what we find is that the majority share of pipeline leaks are actually caused by
of pipeline leaks are actually caused by
of pipeline leaks are actually caused by corrosion 61% meanwhile human error and
corrosion 61% meanwhile human error and
corrosion 61% meanwhile human error and whether that’s opera or third party
whether that’s opera or third party
whether that’s opera or third party damage is 12% component failure safety
damage is 12% component failure safety
damage is 12% component failure safety systems earthquakes earth movement those
systems earthquakes earth movement those
systems earthquakes earth movement those take up a large percentage as well
take up a large percentage as well
take up a large percentage as well however the part of this that should
however the part of this that should
however the part of this that should worry us is the 14% that is from unknown
worry us is the 14% that is from unknown
worry us is the 14% that is from unknown or miscellaneous I was reported to us
or miscellaneous I was reported to us
or miscellaneous I was reported to us the good news however is through our
the good news however is through our
the good news however is through our studies what we found is that a hundred
studies what we found is that a hundred
studies what we found is that a hundred percent of pipeline leaks are
percent of pipeline leaks are
percent of pipeline leaks are preventable accidents do not just happen
preventable accidents do not just happen
preventable accidents do not just happen likewise we should not let oil and gas
likewise we should not let oil and gas
likewise we should not let oil and gas pipeline leaks just happen for this
pipeline leaks just happen for this
pipeline leaks just happen for this multi variable problem we need a multi
multi variable problem we need a multi
multi variable problem we need a multi variable solution so what my co-founder
variable solution so what my co-founder
variable solution so what my co-founder and I have created is a data acquisition
and I have created is a data acquisition
and I have created is a data acquisition device that’s primarily based on
device that’s primarily based on
device that’s primarily based on Internet of Things technology what this
Internet of Things technology what this
Internet of Things technology what this means is that we read a variety of
means is that we read a variety of
means is that we read a variety of variables 42 times a second and these
variables 42 times a second and these
variables 42 times a second and these variables are the most important
variables are the most important
variables are the most important variables to pipeline longevity we then
variables to pipeline longevity we then
variables to pipeline longevity we then take this information that we acquired
take this information that we acquired
take this information that we acquired actually from the outside the pipeline
actually from the outside the pipeline
actually from the outside the pipeline so that means no tapping into the
so that means no tapping into the
so that means no tapping into the pipeline creating a structural defect
pipeline creating a structural defect
pipeline creating a structural defect creating a leak effectively we can
creating a leak effectively we can
creating a leak effectively we can acquire all this data external from the
acquire all this data external from the
acquire all this data external from the pipeline and we send this data through
pipeline and we send this data through
pipeline and we send this data through 4G LTE networks to a cloud computing
4G LTE networks to a cloud computing
4G LTE networks to a cloud computing cluster we then analyze the data time
cluster we then analyze the data time
cluster we then analyze the data time and time again through artificial
and time again through artificial
and time again through artificial intelligence methodology called neural
intelligence methodology called neural
intelligence methodology called neural networks and with this information and
networks and with this information and
networks and with this information and mathematics thank you mom for your PhD
mathematics thank you mom for your PhD
mathematics thank you mom for your PhD with this information and the
with this information and the
with this information and the mathematics we were able to really draw
mathematics we were able to really draw
mathematics we were able to really draw some incredible solutions out of this
some incredible solutions out of this
some incredible solutions out of this and so this is a real-world example of
and so this is a real-world example of
and so this is a real-world example of data feed through our preliminary test
data feed through our preliminary test
data feed through our preliminary test results and I like this because humans
results and I like this because humans
results and I like this because humans can clearly see what happened right
can clearly see what happened right
can clearly see what happened right oops ouch we just got a hit so we can
oops ouch we just got a hit so we can
oops ouch we just got a hit so we can sit here and ask ourselves well what
sit here and ask ourselves well what
sit here and ask ourselves well what actually happened how could we have
actually happened how could we have
actually happened how could we have prevented this except we would be
prevented this except we would be
prevented this except we would be looking at this probably days after the
looking at this probably days after the
looking at this probably days after the event with current solutions mixing this
event with current solutions mixing this
event with current solutions mixing this with with our artificial intelligence
with with our artificial intelligence
with with our artificial intelligence we’re able to really make this data
we’re able to really make this data
we’re able to really make this data speak what we were able to find is that
speak what we were able to find is that
speak what we were able to find is that we predict this incident three seconds
we predict this incident three seconds
we predict this incident three seconds before it happened now that doesn’t
before it happened now that doesn’t
before it happened now that doesn’t sound like a lot but remember this is an
sound like a lot but remember this is an
sound like a lot but remember this is an impact based event what it means is that
impact based event what it means is that
impact based event what it means is that if you were sitting at a bar you would
if you were sitting at a bar you would
if you were sitting at a bar you would know the guy beside you at the bar was
know the guy beside you at the bar was
know the guy beside you at the bar was going to punch you three seconds before
going to punch you three seconds before
going to punch you three seconds before he did you can move out of the way
he did you can move out of the way
he did you can move out of the way likewise pipeline companies can address
likewise pipeline companies can address
likewise pipeline companies can address this issue and move out of the way so
this issue and move out of the way so
this issue and move out of the way so with all the data and geek talk aside
with all the data and geek talk aside
with all the data and geek talk aside what this means is that we can solve
what this means is that we can solve
what this means is that we can solve these pipeline leaks with a projected
these pipeline leaks with a projected
these pipeline leaks with a projected 96% accuracy before they happen we want
96% accuracy before they happen we want
96% accuracy before they happen we want to become the missing link in energy
to become the missing link in energy
to become the missing link in energy energy is an outdated industry we want
energy is an outdated industry we want
energy is an outdated industry we want to bridge the oil and gas world of
to bridge the oil and gas world of
to bridge the oil and gas world of yesterday and the green energy of the
yesterday and the green energy of the
yesterday and the green energy of the future and because oil and gas is going
future and because oil and gas is going
future and because oil and gas is going to be with us for the next 50 to 100
to be with us for the next 50 to 100
to be with us for the next 50 to 100 years we need to find a way to make this
years we need to find a way to make this
years we need to find a way to make this oil and gas not be a burden to our
oil and gas not be a burden to our
oil and gas not be a burden to our society that means not a danger that
society that means not a danger that
society that means not a danger that means not an environmental hazard we
means not an environmental hazard we
means not an environmental hazard we need to solve this now through our
need to solve this now through our
need to solve this now through our technology set we can do this what I
technology set we can do this what I
technology set we can do this what I want to challenge each of you today is I
want to challenge each of you today is I
want to challenge each of you today is I want you to challenge the status quo if
want you to challenge the status quo if
want you to challenge the status quo if you challenge the status quo you can
you challenge the status quo you can
you challenge the status quo you can change the world I read a statistic
change the world I read a statistic
change the world I read a statistic recently that said over 50% of
recently that said over 50% of
recently that said over 50% of Millennials would refuse an oil and gas
Millennials would refuse an oil and gas
Millennials would refuse an oil and gas job because of stigma that’s associated
job because of stigma that’s associated
job because of stigma that’s associated with it
with it
with it why is that this is an industry that
why is that this is an industry that
why is that this is an industry that desperately needs new mines losers and
desperately needs new mines losers and
desperately needs new mines losers and geeks like me to really get involved and
geeks like me to really get involved and
geeks like me to really get involved and use their intelligence and use their
use their intelligence and use their
use their intelligence and use their fresh thinking to address these problems
fresh thinking to address these problems
fresh thinking to address these problems and
and
and and gas isn’t the only one you have
and gas isn’t the only one you have
and gas isn’t the only one you have trucking you have you know politics you
trucking you have you know politics you
trucking you have you know politics you have all this that need Reformation so I
have all this that need Reformation so I
have all this that need Reformation so I want to challenge each of you to accept
want to challenge each of you to accept
want to challenge each of you to accept that job accept that job that might have
that job accept that job that might have
that job accept that job that might have a stigma attached to it and change what
a stigma attached to it and change what
a stigma attached to it and change what it is thank you so much
it is thank you so much
it is thank you so much [Applause]
”
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