ExxonMobil developed an automated system to identify nonproductive and underperforming Permian Basin wells and prioritize high-volume wells to return to production.
Speaking at this year's ADIPEC, leaders from BP, Shell, Petronas, ADNOC, and Eni said the energy transition must become profitable and that AI will likely play a key role.
The deal follows an asset swap on the same acreage earlier in the year and increases Equinor’s natural gas holdings in the region.
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