It Is Inevitable. Think of methane and all the ways we monitor and measure it. In the olden days, companies would run surveys as infrequently as possible since you have to fix if you know. If you don’t know, a problem doesn’t exist. Then it was aerial or drone sweeps every month. But technology pushes hard and now we have 24/7 continuous monitoring with alerts and alarms and we can figure out the details almost before they happen. Technology continues to push to more and more granular levels of data. In the geophysical world, we knew there was a huge amount of data in those original field tapes, but no one had the computing power to make use of it all. And that is only now changing. We talk about AI and how it will change our world. I don’t envy those making “fantasies” in Hollywood, but AI is going to be used at every level, in some form, to solve multi-variable equations, see patterns and predict better. It really doesn’t matter the task or industry. It is just a tool to make many things much more efficient. How efficient is your manufacturing facilities and processes? The metrics you have used in the past will no longer suffice but the volume of the most granular data can be staggering. But just as with “garbage in, garbage out”, the more data available for analysis, the more accurate and efficient the outcome. I remember buying a 10MB hard drive for my Compaq computer for $2,000. Today, data storage is almost free. And now we have the horsepower to analyze huge volumes of data. And just like the “last mile” challenges of logistics, measurement of every step, of every process, of the people involved becomes increasingly “mission critical”. The smart companies are figuring out ways to capitalize on these improving trends.

For this Company Spotlight, we interviewed Cumulus’ Co-Founder and Chief Executive Officer (Matthew Kleiman). Cumulus digitalizes manual work that is mission-critical, high volume, and difficult to automate to ensure that this work is done right the first time, every time. Its software improves the quality and productivity of safety-critical workflows and is used to configure and visualize work activities across a wide range of industries. For more information on Cumulus, please visit www.cumulusds.com.

Background: Before co-founding Cumulus in 2018, Matt Kleiman began his career in the aerospace industry helping companies commercialize technologies. After the Deepwater Horizon incident, he worked on a project that was tasked ...............READ MORE

Headquartered in Aberdeen, UK, Coretrax operates globally with over 50 technologies and an intellectual property portfolio of 280+ patents across the full lifecycle of the well. These technology-enabled services provide cost-effective, high impact, safe solutions to the customer. Coretrax employs approximately 320 people across 11 global locations. The acquisition of Coretrax will enable Expro to expand its portfolio of cost-effective, technology-enabled Well Construction and Well Intervention & Integrity solutions, particularly across the North and Latin America (NLA), Europe and Sub-Saharan Africa (ESSA) and Middle East and North Africa (MENA) regions. Building on Coretrax’s successful 15-year history, the acquisition will accelerate the availability of the company’s innovative, high value-adding tools by leveraging Expro’s global operating footprint.

Located in Port Arthur, Texas, EcoWerks is an industrial waste-to-value processor that provides wastewater treatment, industrial equipment cleanout services, oil recovery, and other services. Additionally, EcoWerks operates a new permitted non-hazardous treatment, storage, and disposal facility for non-hazardous materials and possesses a variety of permits, including an industrial non-hazardous solid waste permit and publicly owned treatment works pre-treatment permit. The Amlon Group is a full-service company, focusing on providing customers with sustainable and efficient end-to-end environmental solutions for their waste management challenges. This acquisition provides the Amlon Group with expanded processing capabilities, increased capacity, permits, and resources, which will help better serve each of their respective customers and support future growth.

Exodigo offers groundbreaking solutions for mapping the underground accurately and efficiently. Combining advanced multi-sensing technology with proprietary artificial intelligence, Exodigo empowers transportation, energy, utility, and construction leaders to design, dig and build safer, smarter, and faster by providing accurate subsurface intelligence to derisk the underground. Exodigo provides the only complete, accurate picture of what lies beneath the surface to mitigate financial, environmental, and safety-related risks. Combining multiple types of powerful sensors, 3D imaging, cloud computing simulations and a proprietary AI platform, Exodigo fuses massive amounts of data into one, easy-to-read map so companies can see risks and assets underground. Exodigo plans to use the new capital to further build out its global team, accelerate the development of a self-service product line, and support its expansion into new markets.

Capture Energy, headquartered in Oklahoma City, is a technology-driven provider of patent-pending equipment solutions for oil & gas production facilities. Capture’s flagship product, the Capture Compressor™, is designed to reduce producers’ emissions footprint without sacrificing operational efficiency or project economics, powered by energy already created on location – no electricity required, and zero emissions released. Black Bay’s growth investment will enable the Company to rapidly increase the production and distribution of the Capture Compressor™, a patent-pending equipment offering designed to eliminate emissions associated with pneumatic control valves and other associated infrastructure.

Related Press Release: Capture Energy Announces Investment from Black Bay

Headquartered in Pasadena, Texas, Camin Cargo is a leading third-party service provider of critical inspection, testing and fuel treatment services to global energy companies and trading houses. Camin Cargo operates 64 branches across 19 countries which are strategically located to serve multiple key ports, product transfer points, and key energy infrastructure throughout the United States, Canada, Latin America, and Western Europe. SCF’s deep-rooted expertise in the energy industry, coupled with their global footprint, will serve as a catalyst for further expansion into international markets.

Rimere is an advanced technology solutions company focused on providing practical and meaningful products that reduce the impact of GHG emissions and deliver affordable zero-emission hydrogen to meet increasing global energy demands. The funding will accelerate development and field testing of Rimere’s two independent devices, the Reformer and the Mitigator, that reduce climate change emissions and enable the use of natural gas to accelerate the transition to a clean hydrogen future.

Energy Technology Musings

’Last Mile’ AI Deployment