The Oil and Gas Industry Can't Afford Inefficient Operations

 

Most oil and gas operators are incurring unnecessary costs in unscheduled downtime and inefficient operations resulting in $200 billion in losses industry-wide each year. Addressing these issues can provide dramatic benefits to a company’s bottom line—enough to thrive through good times and bad. That is why companies are adopting artificial intelligence to help keep assets up, running, and producing.

In this whitepaper, we cover how AI-powered predictive maintenance solutions provide:

• Insulation from unexpected market shocks
• Profitability at lower, sustained oil prices
• Competitive advantage during recovery

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