Data Gumbo Blog

Andrew Bruce


Recent Posts

Blockchain to Reduce the Supply Chain’s Carbon Footprint

Oct 15, 2020 8:47:55 AM / by Andrew Bruce posted in Blockchain, Oil & Gas, Smart Contracts, Supply Chain

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Major oil & gas players have been announcing emissions cutting programs — BP publicly pledged to eliminate or offset all emissions by 2050 and five other large producers announced drastically new emissions targets — yet there is little to no information about how these companies intend to achieve their stated goals.

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Getting Rid of Invoice Engineering is Possible

Aug 12, 2020 8:33:55 AM / by Andrew Bruce posted in Blockchain, Oil & Gas, Smart Contracts

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Whether hot and dusty, freezing cold or perched over saltwater, a constant geolocationally-agnostic task at hand is that stack of paper tickets and invoices that proliferates across the desk of the ‘company man.’ With years spent in college and various training courses to responsibly manage the safe construction of productive wells, paperwork can feel a Sisyphean side chore — with two to three hours a day spent stamping tickets. In 2020, this waste of time — not to mention resources — is beyond undesirable and no longer necessary.

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Making Real-Time Lease Operating Expenses a Reality

Aug 7, 2020 8:34:23 AM / by Andrew Bruce posted in Hart Energy, Thought Leadership

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If data is bad, the conclusions drawn from that data will always be bad. This is true regardless of industry or application. Poor data quality from the field has long plagued oil and gas operators, making decision-making around lease operating expenses (LOE) slow and imprecise, in turn, continually yielding subpar conclusions and adding complexity to timely decision making.

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Blockchain Supports Transparent Execution of Performance Contracts

Jul 14, 2020 9:30:00 AM / by Andrew Bruce posted in Data Gumbo, IADC, Blockchain, Drilling

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Drilling contractors often face an uphill battle when it comes to getting paid based on their daily drilling activities and reimbursable expenses. The average service delivery-to-payment process currently runs 60 days or more, leaving drilling contractors with elongated days sales outstanding (DSO).

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Blockchain Smart Contracts are Creating the Commercial Internet

Feb 8, 2018 9:45:00 AM / by Andrew Bruce

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I was recently asked whether I think blockchain will be revolutionary for industry. My answer is an overwhelming yes!

 

I’m referring, in particular, to the smart contracts portion of blockchain. They change everything.

 

TCP/IP is a simple network protocol, but it is the ba

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Ove Sandve joins Data Gumbo as Chief Technology Officer

Feb 6, 2018 7:15:00 AM / by Andrew Bruce

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Ove Sandve joined Data Gumbo as Chief Technology Officer, this month. His move in to the new office space in Stavanger, Norway, on a crisp, sunny morning, is sign of great things to come for Data Gumbo AS. Ove will lead up development of Data Gumbo products. He will gr

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