Boomerang

Boomerang

Author: collide. July 31, 2023 Duration: 26:14

The oil and gas industry is grappling with a workforce shortage and the need for efficient data collection, transfer, and control systems. Traditional methods of regulating artificial lift types, a crucial process in oil and gas extraction, are proving insufficient for the growing demands of the industry. Austin de Graaf, an engineer and oil field operations expert, shares his insights on the Boomerang system, a cutting-edge technology aiming to revolutionize oil and gas field operations using cloud-native microservices and an edge device for efficient data collection, transfer, and well control. The system uses complex control to regulate artificial lift types, an essential oil and gas extraction process. By incorporating machine learning and AI, Boomerang plans to develop more intelligent control systems in the future.


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Click here to view the episode transcript.

00:00 - Intro
01:59 - What is SCADA System
04:05 - Types of Artificial Lift
08:15 - Goals of Complete Control
13:18 - EnergyX Overview
14:16 - Boomerang Technology
18:15 - Data Transmission and Storage Solutions
19:38 - Starlink Applications in Oilfield
23:28 - Boomerang Business Model Explained
24:10 - Future Plans for Boomerang
25:58 - EnergyTech Startup Showcase

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Collin McLelland hosts Oil and Gas Startups Podcast, a series from collide. that goes beyond the headlines of the energy sector. Instead of rehashing market reports, this podcast digs into the human stories and novel ideas driving change. Each conversation focuses on the practical realities of building a company at the intersection of legacy industry and cutting-edge innovation. You'll hear founders explain the specific problems they're solving, learn how investors assess risk and opportunity in this complex field, and get candid advice from established leaders who have navigated the unique challenges of oil and gas. The discussions are grounded in real-world applications, whether it's a new software platform, a novel drilling technology, or a service designed to improve efficiency and safety. This isn't about abstract theory; it's a firsthand look at the people betting their careers on the future of energy. For anyone curious about entrepreneurship, business strategy, or the technological evolution within a foundational global industry, this podcast offers an unfiltered, insightful perspective. Tune in for genuine narratives that reveal how new ventures are conceived, funded, and scaled in one of the world's most demanding and dynamic business landscapes.
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