157: The value and business case for energy efficiency

Olga Nedorub and Diana Sineva preview IMAGE 2022 and the upcoming panel, "Changing The Dynamics Of Energy Use." Olga starts with a brief overview of the technical program at IMAGE and how Diana reached out to her to host this panel. Next, Diana explains how energy efficiency is the glue to the current energy transition, the difference between energy conservation and energy efficiency, and why attendees should attend the panel. Diana also highlights why 40% of the current energy is wasted, why this estimate is low, and how to improve this number without sacrificing comfort or the bottom line. In Q3/Q4 2022, SEG will also host a short course on this topic. Details will be announced soon. Olga Nedorub is G&G Team Lead - Legacy Assets (Permian, Gulf Coast, Gulf of Mexico) at Apache Corporation and SEG 2020 Technical Program Chair. Diana Sineva is a small business and energy efficiency consultant with over 20 years of experience in the International O&G Exploration industry, focusing on emerging technologies, process optimization, and corporate sustainability. RELATED LINKS * Learn more about the panel (https://www.imageevent.org/special-sessions/panel-session/changing-the-dynamics-of-energy-use) * Read the IMAGE Preview in The Leading Edge (https://library.seg.org/doi/10.1190/tle41070446.1) * Register for IMAGE (https://www.imageevent.org/) * Learn about the LeanIn Energy & Sustainability Committee (https://www.linkedin.com/company/lean-in-equity-sustainability/) SPONSOR Katalyst Data Management sponsors this episode. Katalyst Data Management® provides the only integrated, end-to-end subsurface data management solution for the oil and gas industry. Over 160 employees operate in North America, Europe, and Asia-Pacific, dedicated to enabling digital transformation and optimizing the value of geotechnical information for exploration, production, and M&A activity. Visit https://www.katalystdm.com/ to learn more and schedule a demo. CREDITS SEG produces Seismic Soundoff to benefit its members, the scientific community, and inform the public on the value of geophysics. Please leave a 5-star rating on Apple Podcasts and Spotify to show your support for the show. It takes less than five seconds to leave a 5-star rating and is the number one action you can take to show your appreciation for this free resource. And follow the podcast while you are on the app to be notified when each new episode releases. Original music created by Zach Bridges. Andrew Geary hosted, edited, and produced this episode for 51 features, LLC. Thank you to the SEG podcast team: Jennifer Cobb, Kathy Gamble, and Ally McGinnis.