💨 Abstract

Artificial Intelligence (AI) is accelerating oil and gas drilling, enabling companies to reconsider challenging or expensive locations. BP, Devon Energy, and Chevron are leveraging AI for drilling optimization, predictive maintenance, and remote monitoring, leading to increased production and cost savings. AI is also improving offshore drilling efficiency and revolutionizing the energy sector with advances in large-language models. Companies that do not adopt AI risk being left behind.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖