In the oil and gas industry, the perceived value of machine learning is undoubtedly high, but its application poses significant challenges. Here are four use cases for implementing machine learning and data analytics in order to benefit oil and gas production, and how you can expect a significant ROI --> https://lnkd.in/eJRJ2Y8M #oilandgas #machinelearning #production #dataanalytics
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I've been always eager to help implementing #GenAi in The oil & Gas industry. Generative AI for Oil & Gas enables operators, engineers, and geoscientists to rapidly access and act on enterprise and external data and insights. Check This Study Case by SavvyHub #Ai #oil #Gas #الذكاءـالاصطناعي
Unified knowledge source for Oil & Gas supporting both structured and unstructured data
savvyhub.ai
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An automated machine-learning-fueled forecast approach helped ExxonMobil increase average production by more than 5% on #Bakken gas lift wells optimized using the method. https://lnkd.in/ez6Uvqy7
URTeC: ExxonMobil’s Machine Learning Workflow Boosts Bakken Output
jpt.spe.org
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Managing your data is fundamental to creating business value from Gen AI - a great example here of how HPE can help solve this 'The #AI solution for smarter oil & gas operations.' #HPEEzmeralSoftware
The AI solution for smarter oil & gas operations
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Oil and Gas Companies are using Artificial Intelligence for major decision making starting from Price Discovery to Legal Compendiums. #LLM #AI #ArtificialIntelligence #SentimentAnalysis #Oil #Gas https://lnkd.in/dFbhnxB6
AI Technology in Oil and Gas Industry | Custom Software Development Company | Capsquery
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🔍 𝐃𝐚𝐭𝐚 𝐎𝐯𝐞𝐫𝐥𝐨𝐚𝐝? 𝐀𝐮𝐭𝐨𝐦𝐚𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐀𝐈 𝐭𝐨 𝐭𝐡𝐞 𝐑𝐞𝐬𝐜𝐮𝐞!🚀 I just read a great article on the SPE JPT website about how surveillance technologies are transforming oil and gas operations. With the explosion of real-time data, traditional analysis methods are no longer enough. This is where AI-driven analytics and machine learning step in to process large datasets, identify critical insights, and optimize operations. 📊💡 This challenge is not limited to oil and gas—industries from healthcare to engineering are dealing with similar issues. The key question is: 𝐇𝐨𝐰 𝐝𝐨 𝐜𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐚𝐧𝐝 𝐩𝐫𝐨𝐟𝐞𝐬𝐬𝐢𝐨𝐧𝐚𝐥𝐬 𝐚𝐯𝐨𝐢𝐝 𝐠𝐞𝐭𝐭𝐢𝐧𝐠 𝐨𝐯𝐞𝐫𝐰𝐡𝐞𝐥𝐦𝐞𝐝 𝐛𝐲 𝐚𝐥𝐥 𝐭𝐡𝐢𝐬 𝐝𝐚𝐭𝐚? The answer lies in 𝐚𝐮𝐭𝐨𝐦𝐚𝐭𝐢𝐨𝐧 and 𝐝𝐚𝐭𝐚 𝐬𝐜𝐢𝐞𝐧𝐜𝐞. AI-powered systems can automate routine tasks, like daily surveillance, freeing up engineers to focus on high-impact decisions. In the oil and gas sector, real-time data is already being used to optimize production and streamline operations, as seen in the article. To stay ahead, companies and engineers alike must make data analysis a core part of their toolset—whether it’s Python, Power BI, Tableau, or advanced machine learning frameworks. Failing to do so could leave you with too much data and not enough actionable insights. By integrating data analysis into your tools and processes, you unlock efficiency and ensure you remain competitive in this rapidly evolving industry. 📈⚙️ Let data analysis be part of your tools. Empower your systems and teams with the right technology, so you can focus on delivering value where it matters. Read the full article here: https://shorturl.at/Fq18f #AI #MachineLearning #OilAndGas #DataScience #Automation #Engineering #DigitalTransformation #RealTimeData
Reservoir Surveillance-2024
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Even though this article was published last August, it is still an interesting read on the impact of AI within the Oil & Gas industry. Please share your thoughts on AI’s impact on the Oil & Gas industry. An industry that has historically been characterized as slow adopters of technology until the recent “digital transformation” era. How Multibillion Dollar Investments In AI Are Driving Oil And Gas Sector Innovation https://lnkd.in/dmc6BDJe
How Multibillion Dollar Investments In AI Are Driving Oil And Gas Sector Innovation
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Discover how Machine Learning is transforming Oil & Gas! 🚀 Dive into Part 1 of new series, where we explore practical applications in engineering and construction management. Read more: https://lnkd.in/dcFx8K69 #MachineLearning #OilAndGas #DigitalTransformation"
Machine Learning Applications in the Oil & Gas Industry: Part 1 – Revolutionizing Engineering and Construction Management
oilgasdigitalshift.com
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Artifical Intelligence has the potential to set new normals for every aspect of the life including oil and gas industry.
The growing role of generative AI in the oil and gas industry
https://blog.se.com
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Gen AI and Oil & Gas are bound to converge into systems which will be designed to improve efficiency, reduce maintenance cost, manage crisis and also and foremost increase HSE and reduce risks in operations. Click Link to learn more https://lnkd.in/e3k9hwwr
Oil and gas industry hops on generative AI bandwagon
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Empowering employees with generative AI in oil & gas! 🛢️💡 bpx energy is leveraging Amazon Bedrock to transform how employees interact with data. Their Xpert solution generates SQL or Python code based on natural language queries, reducing manual effort in data analysis. 🚀 This is a great example of how generative AI can improve efficiency in the oil and gas industry. #generativeAI #oil &gas #AmazonBedrock #aws https://lnkd.in/dRpZ5kkY
How bpx energy uses Amazon Bedrock to transform oil and gas production insights | Amazon Web Services
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