Improving Operational Efficiency and Returns in Oil and Gas
To remain competitive and maximize returns, oil and gas companies must utilize the massive amounts of data generated in the fields. The rise of the Internet of Things and smart sensors have created a wealth of untapped information to be used.
As companies require increasingly efficient operations to remain profitable, incorporating smart technologies like artificial intelligence (AI) is no longer about following trends, but about not being left behind – and, for some operations, even a one percent improvement in efficiency could result in millions of dollars in revenue.
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