artificial intelligence

The road to a low-carbon world is paved with more than just shiny new facilities and the promise to deliver impressive CO₂ reductions from the atmosphere. Without the software to site, monitor, and maintain those facilities, the drive for net zero would be stuck in neutral.

Kongsberg Digital and other industry leaders see the arrival of artificial intelligence (AI) as a catalyst for major change in the office and in the field.

The companies plan to develop new artificial-intelligence-powered processes and workflows to optimize oil and gas production.

Routine status reporting often presents a challenge because of its intimidating and time-consuming nature for both employees and supervisors. With large language models, a system was developed to generate coherent artificial-intelligence-driven reports. The goal is to enhance the understanding of overall insights and reduce the time required for individual report read…

This paper aims to emphasize the importance of decision-making based on quantitative monitoring outputs, from both a business perspective and an ecosystem-service perspective, in future offshore projects.

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.