Reported about 15 hours ago
Executives at the CERAWeek conference highlighted how artificial intelligence (AI) is transforming the oil and gas sector by enhancing drilling efficiency and reducing costs. Companies like BP and Devon Energy are utilizing AI to optimize well exploration and management, leading to improved production rates and resource allocation. Innovative technologies, such as AI-driven drones, are being deployed for monitoring operations and addressing potential issues, bolstering overall productivity in the industry.
Source: YAHOO