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AI is projected to significantly grow in the oil and gas sector between 2022 and 2027, with 92% of companies planning investments. Leading energy companies, including Shell, BP, and ExxonMobil ...
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For the most part, oil and gas professionals are not worried about artificial intelligence (AI). That’s according to Joshua May, the CEO and Technical Recruiting Consultant for HireStrong LLC ...
Artificial intelligence (AI) and robotics are leading transformative changes in the oil and gas sector. That’s what GlobalData stated in a release sent to Rigzone by the GlobalData team ...
In 2022, oil-field services firm Patterson-UTI , opens new tab CEO William A. Hendricks Jr said AI may allow one person to manage 4 rigs instead of one person per rig. MAXIMIZING WELL PRODUCTION ...
AI-powered drilling and monitoring. Shell isn't the only oil company working to harness the power of AI to unlock more oil. ExxonMobil (XOM 1.12%) is becoming a data-driven oil company, which it ...
According to Custer, AI and machine learning are extracting valuable insights from unstructured data. The oil and gas industry is particularly dependent on an intricate set of processes and ...
AI took center stage in many sessions at the world's largest energy gathering. Oil producers are seeking ways to remain profitable in an environment of plummeting oil prices and worries that U.S ...
British oil and gas giant Shell is set to use artificial intelligence (AI) technology from analytics firm SparkCognition to increase its deep sea oil output. The companies announced Wednesday that ...
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