Podcast

157 | How I Bought An Oil Field | Bringing AI & Machine Learning To The Oil and Gas Industry with Oleg Schkoda from Oilfield Strategic Solutions

Chad Kaleky
August 19, 2023
35
MIN
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Podcast
August 19, 2023
35
MIN

157 | How I Bought An Oil Field | Bringing AI & Machine Learning To The Oil and Gas Industry with Oleg Schkoda from Oilfield Strategic Solutions

In this episode 157 of "Failing to Success", Oleg Schkoda, the owner of Oilfield Strategic Solutions, shares his experiences and advice for entrepreneurs in the oil and gas industry. He narrates how he took advantage of a unique opportunity to buy a small oil field in Congo, involving strategic planning and forming a dedicated team. Oleg emphasizes the importance of using AI and ML technologies to improve various aspects of the oil and gas value chain, from exploration to refining, while reducing the carbon footprint. Additionally, he discusses the challenges and rewards of owning an oil field, particularly in an African setting, where relationships, adaptability, and local partnerships play vital roles.

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📍 Entrepreneurial Opportunities: Entrepreneurs should embrace AI and ML technologies to revolutionize the oil and gas industry, focusing on faster exploration, drilling, and production processes to reduce environmental impact and increase efficiency.

📍 Strategic Investments: Smart investments in oil fields, even smaller ones, can yield significant returns. By assembling a skilled team, leveraging stock exchange opportunities, and utilizing expertise, entrepreneurs can venture into oil field ownership successfully.

📍 Navigating Challenges: Owning an oil field in Congo involved navigating complexities, including dealing with government-owned refineries, local partners, and regulatory compliance. Relationships, language proficiency, and adaptability were key to success.

➡️ Book a Call with Chad

In this episode 157 of "Failing to Success", Oleg Schkoda, the owner of Oilfield Strategic Solutions, shares his experiences and advice for entrepreneurs in the oil and gas industry. He narrates how he took advantage of a unique opportunity to buy a small oil field in Congo, involving strategic planning and forming a dedicated team. Oleg emphasizes the importance of using AI and ML technologies to improve various aspects of the oil and gas value chain, from exploration to refining, while reducing the carbon footprint. Additionally, he discusses the challenges and rewards of owning an oil field, particularly in an African setting, where relationships, adaptability, and local partnerships play vital roles.

Website links:

Oleg Schkoda from Oilfield Strategic Solutions: https://www.oss-corp.com/

Chad Kaleky from Cosmic Design: https://www.cosmicdesign.io/

Timestamps:

00:00:00 Intro

00:00:09 Buying an Oil Field

00:05:42 What Oilfield Strategic Solutions Does Today

00:11:58 Contact Oleg

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Episode Transcript

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The rich text element allows you to create and format headings, paragraphs, blockquotes, images, and video all in one place instead of having to add and format them individually. Just double-click and easily create content.

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Chad Kaleky
Co-Founder @ Cosmic Design & Development

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157 | How I Bought An Oil Field | Bringing AI & Machine Learning To The Oil and Gas Industry with Oleg Schkoda from Oilfield Strategic Solutions

Page title underline image

In this episode 157 of "Failing to Success", Oleg Schkoda, the owner of Oilfield Strategic Solutions, shares his experiences and advice for entrepreneurs in the oil and gas industry. He narrates how he took advantage of a unique opportunity to buy a small oil field in Congo, involving strategic planning and forming a dedicated team. Oleg emphasizes the importance of using AI and ML technologies to improve various aspects of the oil and gas value chain, from exploration to refining, while reducing the carbon footprint. Additionally, he discusses the challenges and rewards of owning an oil field, particularly in an African setting, where relationships, adaptability, and local partnerships play vital roles.

Chad Kaleky
Chad Kaleky
Facebook logoLinkedIn logoTwitter logoEmail link

157 | How I Bought An Oil Field | Bringing AI & Machine Learning To The Oil and Gas Industry with Oleg Schkoda from Oilfield Strategic Solutions

📍 Entrepreneurial Opportunities: Entrepreneurs should embrace AI and ML technologies to revolutionize the oil and gas industry, focusing on faster exploration, drilling, and production processes to reduce environmental impact and increase efficiency.

📍 Strategic Investments: Smart investments in oil fields, even smaller ones, can yield significant returns. By assembling a skilled team, leveraging stock exchange opportunities, and utilizing expertise, entrepreneurs can venture into oil field ownership successfully.

📍 Navigating Challenges: Owning an oil field in Congo involved navigating complexities, including dealing with government-owned refineries, local partners, and regulatory compliance. Relationships, language proficiency, and adaptability were key to success.

➡️ Book a Call with Chad

In this episode 157 of "Failing to Success", Oleg Schkoda, the owner of Oilfield Strategic Solutions, shares his experiences and advice for entrepreneurs in the oil and gas industry. He narrates how he took advantage of a unique opportunity to buy a small oil field in Congo, involving strategic planning and forming a dedicated team. Oleg emphasizes the importance of using AI and ML technologies to improve various aspects of the oil and gas value chain, from exploration to refining, while reducing the carbon footprint. Additionally, he discusses the challenges and rewards of owning an oil field, particularly in an African setting, where relationships, adaptability, and local partnerships play vital roles.

Website links:

Oleg Schkoda from Oilfield Strategic Solutions: https://www.oss-corp.com/

Chad Kaleky from Cosmic Design: https://www.cosmicdesign.io/

Timestamps:

00:00:00 Intro

00:00:09 Buying an Oil Field

00:05:42 What Oilfield Strategic Solutions Does Today

00:11:58 Contact Oleg

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