Q I'm glad you're here. All right. If folks want to follow along, it's join.ai. What does it mean to modernize an oil field?
A Great question. So for, for fundamentally Oil and gas industry has two parts. One, so super technologized that they're drilling in ways that are, uh, that has changed the entire oil and gas industry and made us, the United States, more energy independent. A phenomenal story of entrepreneurialism that actually Outbeats even technology industry, right? They, they grew from zero to 70 to eighty billion in a matter of few years, and it was a phenomenal story. Now, track it all the way down to up to 2015, that's the evolution happened at the drill bit, but when you move past the drill bit, the market there was funded with a lot of private equity and a lot of funding, uh, and financing went into it because one, it makes us energy independent, two, it gets, um, uh, really there, there's a way for Upstream oil and gas to move in. Now, what ended up happening is for all the places around production, human resources were being used. They were using grease sheets and paper to be able to drive millions, if not billions of oil production data from the place of where the oil is produced to the office space. So your entire inventory and production and everything else is run on grease sheets and You've got this dichotomy of.
AI assessment note: “They were using grease sheets and paper to be able to drive millions”