artificial intelligence

Experts at SPE’s Annual Technical Conference and Exhibition say that despite AI’s great potential, it’s important to be realistic about AI’s capabilities and to remember that successful projects solve specific business problems.

New and evolving artificial lift technology is helping operators improve production rates.

Collaboration and technology will help the industry meet its toughest challenges, experts said during the opening session at ATCE.

Accuracy, complexity, costs, and skills availability may make it difficult to get the most out of digital twins and even potentially misrepresent or miss actual changes in the status of systems or facilities.

The new contract extends a decadelong relationship and expands the use of AI and digital twins.

You’ve heard of generative artificial intelligence, and odds are you’ve used it. But do you know how it works?

The firm’s latest report, Leading a Data-Driven Transition, presents the results of its annual survey of nearly 1,300 senior professionals and divides the respondents into two groups, which it calls “digital leaders” and “digital laggards.”

The industry is balancing brains and bots as it squeezes out barrels of oil production.

Energy efficiency is crucial for the oil and gas industry, where operational costs and environmental impact are under constant scrutiny. Predicting and managing electrical consumption and peak demand accurately, especially with the variability of weather conditions, is a significant challenge. This work presents a neural network model trained on historical weather and…

The company says the field has achieved a 25% production capacity increase through the user of advanced digital technology.