TULSA, Okla., Dec. 6, 2018 – “Regardless of all the hype you’re hearing about machine learning and the like, you can’t just throw this tool at a big pile of data and it will just figure things out. It doesn’t work that way.”
This and other observations were offered by Stonebridge Consulting’s Trevor Hicks on Bulwark’s Oil and Gas Industry Leaders Podcast hosted by Paige Wilson.
In a far-ranging discussion covering his career in oil and gas information technology, Hicks, a managing director at Stonebridge, expanded on the data management challenges facing both the business and IT sides of the oil and gas industry.
“We’re in the business of helping our customers with what I’ll call data integrity,” Hicks says. “And [data integrity] is a term we don’t use often enough in the data management side of business. I use it deliberately to draw a parallel with asset integrity, which is a concept our customers immediately get. As oil and gas data experts, we talk a lot about data being a strategic asset because of the potential of big data analytics and machine learning. But all that depends on having a good data platform underneath the hood. So, when we try to motivate our customers to invest in good data management and good data practices, it helps to use the language of assets as it is used in the oil and gas business. And what I mean by that is ensuring that assets are doing the job they were designed to do, and that they’re being operated safely and efficiently. And we should draw the same kind of parallels with how you are managing your data.”
Click here to listen to the entire podcast.
Before joining Stonebridge in 2015, Hicks held senior management roles at Noah Consulting, Baker Hughes, DNV GL and Schlumberger. He currently serves on the PPDM Board of Directors and is a former multi-term PPDM Board Chairman. Trevor holds a bachelor’s degree in math from the University of Tulsa, a master’s degree in computer science from the University of Texas at Austin, and a master’s degree in business administration from the Fuqua School of Business at Duke University.
About Stonebridge Consulting
Stonebridge Consulting provides business advisory and technology services for next-gen oil and gas. We serve the oil and gas industry exclusively. Our industry expertise, proven methodologies, and extensive project IP and solution accelerators enable us to deliver projects faster, generating measurable improvements in operational efficiency and saving project time and costs by as much as 50 percent. More information about Stonebridge is available at www.sbconsulting.com.
NOTE: All product and company names are trademarks ™ or registered trademarks ® of their respective holders. Use of them by Stonebridge Consulting in this document does not imply any affiliation with or endorsement by them.