artificial intelligence

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.

Implemented for the first time offshore, the technology uses artificial intelligence to operate wells autonomously.

The planned long-term partnership aims to digitally transform Aker BP’s subsurface workflows in an effort to lower costs, shorten planning cycles, and increase production.

This paper outlines how one company uses digital technologies to manage HSE risks in project delivery, developing an artificial intelligence (AI) predictive model to predict HSE risks and incidents based on historical incident data.

The RoboWell technology for well control will be available globally through Halliburton’s Landmark iEnergy hybrid cloud.

The oil and gas industry can leverage advanced AI and generative AI to bridge knowledge gaps, enhance decision making, and improve safety. These tools will boost efficiency and productivity, leading to a smarter and more resilient industry.

The Permian’s produced-water challenge presents an opportunity for innovation to pave the way toward a more sustainable future for the industry.