Oil and Gas Transformation with Blockchain Technology

Building a network of business partners to create industry solution frameworks and guidelines leveraging blockchain technology to maximize opportunities to reduce costs, improve timelines and eliminate disputes in any given process.

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Press Releases
June 9, 2020
OOC Oil & Gas Blockchain Consortium Advances Maturity through New Affiliates
HOUSTON--(BUSINESS WIRE)--(OOC) Oil & Gas Blockchain Consortium today announced the establishment of new affiliate relationships as it continues to mature its blockchain journey.  These affiliate organizations will help catapult and fortify the consortium’s understanding of the technology and its application, and ultimately ensure delivery of robust guidelines, frameworks, and production-ready solutions to bring near- and long-term value to the industry.
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June 3, 2020
OOC Oil & Gas Blockchain Consortium Announces Successful Completion of Produced Water Haulage Pilot Leveraging Blockchain Technology
HOUSTON--(BUSINESS WIRE)--(OOC) Oil & Gas Blockchain Consortium today announced the successful completion of its first pilot leveraging blockchain technology.  The pilot, developed in partnership with Data Gumbo utilizing its GumboNet™ blockchain network, proved a platform for automating produced water haulage from field reading to invoice payment.
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12/18/2019

OOC Oil & Gas Blockchain Consortium Succesfully Tests Digitizing the AFE Balloting Process Leveraging Blockchain Technology

HOUSTON – The OOC Oil & Gas Blockchain Consortium today announced that it has engaged with GuildOne to successfully test the industry’s first blockchain application for Authorization for Expenditure (AFE) balloting.

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