Oil & Gas

Creating More with Less: Generative AI in the Oil and Gas Industry

AIRED ON: September 7, 2023

Webinar Summary

Join us for a webinar where we will demystify generative AI and discover how it is at work transforming the Oil and Gas industry, revolutionizing traditional operational processes, and paving the way for increased efficiency, innovation, and financial performance. Learn how this technology is applied to unlock petabytes of sensor data and written logs, automate repetitive tasks, improve quality control, enable predictive maintenance, support safety, advance sustainability initiatives, and mitigate business risks.


This webinar will cover key considerations and applications of deploying generative AI solutions geared toward operators, engineers, and general management. Our experts will discuss best practices, including:

  • Reservoir Modeling and Simulation: Generative AI can improve reservoir modeling by reducing search time by as much as 90% and the required data by 95%.
  • Optimization and Automation: Generative AI can help identify patterns, detect anomalies, and recommend process improvements, enhancing operational efficiency and cost savings.
  • Predictive and Prescriptive Maintenance: Generative AI can analyze production data, maintenance records, and other information to minimize unplanned downtime, optimize maintenance schedules, and reduce costs.
  • Sustainable Practices: Generative AI can help support sustainability efforts by optimizing energy usage, reducing waste, and identifying opportunities for eco-friendly practices.

About the Speaker

Stephen Gold

Stephen Gold is the Chief Marketing Officer (CMO) bringing over 30 years of experience, including B2B application software development, AI and data science, and IoT services. He previously was the General Manager of Honeywell’s $2.5B Connected enterprise, where he led the digital transformation and IoT advancement of this century-old $40B manufacturer. As Group CMO of IBM Watson, Gold was one of the principal business architects who delivered next-generation AI technology, driving over 10,000 engagements. Prior positions included CCO of HZO, CMO of SPSS, President of Aberdeen Group, and President & CEO of Azerity. Gold has also served on various private and public boards, and has been featured on various media outlets, including CNN, CNBC, Today Show, and Fox News.

Andy Conacher

Born and raised in Australia, I am a Geoscientist experienced with introducing new technology solutions into global energy clients with a foundation of technology and domain expertise. In Australia I worked as a geologist in a gold mine and ran my own geospatial consulting company. Moving to the US, I headed up a large technical practice for a software solution company and worked with several early-stage tech companies in a business development role to introduce innovative technology into the energy sector. Technologies include geospatial analysis and artificial intelligence and machine learning applications. This experience has had a focus in North America and taken me around the world with business development efforts in the Americas, Europe, and Asia Pacific.

Watch on Demand

Learn about real-world success stories where generative AI has transformed O&G organizations, empowering them to achieve unprecedented efficiency and competitiveness. Take advantage of this opportunity to discover how to harness the full power of generative AI, driving operational excellence and propelling your business towards a future of limitless possibilities.

SparkCognition is committed to compliance with applicable privacy laws, including GDPR, and we provide related assurances in our contractual commitments. Click here to review our Cookie & Privacy Policy.