Brane is an emerging FinTech company, using AI to predict locations of new wells using big-data analytics. Eric Eissler: What gave you the idea that started your company? Paul Carlisle: As an operator drilling, we always paid the mineral owners first from production regardless of how much it costs to…
Eissler, former editor-in- chief of Oil & Gas Engineering magazine, previously worked as an editor for Dubai-based The Oil & Gas Year Magazine.
Oil and gas operations are commonly found in remote locations far from company headquarters. Now, it's possible to monitor pump operations, collate and analyze seismic data, and track employees around the world from almost anywhere. Whether employees are in the office or in the field, the internet and related applications enable a greater multidirectional flow of information – and control – than ever before.