Oil & Gas

How Leading Oil & Gas Companies Are Using AI to Go Green

AIRED ON: February 9, 2023

Webinar Summary

Demand for clean energy has never been greater. In addition, ongoing geopolitical and economic pressures have steadily increased pressure on energy companies to commit to a net-zero future. The 2030 Agenda for Sustainable Development set forth and accepted by all United Nations Member States in 2015 has prompted oil and gas operators to establish aggressive goals for the next decade to reduce their consumption of fossil fuels and increasingly reduce GHG emissions. This coincides with initiatives to enhance worker safety and pursue full electrification of their oil fields.

These goals rely largely on energy companies’ ability to analyze, optimize, and learn from data—to ultimately achieve operational excellence. However, with the rise of digital transformation and IIoT, modern oil and gas operations generate vast amounts of data, which organizations struggle to efficiently analyze let alone derive actionable real-time.


SparkCogition’s Jack Leahey and Stephen Gold explain how AI helps organizations:

  • Understand aging assets, reducing failure rates by up to 20%, and increasing uptime by as much as 5%.
  • Detect sub-optimal equipment while reducing emissions.
  • Reduce alert fatigue by up to 98% and improve worker productivity.
  • Implement workflow to operate electrical and fossil-fuel-powered assets side-by-side.
  • Leverage computer vision for real-time safety improvements.

About the Speakers

Jack Leahey

Jack Leahey is the Senior Vice President of Downstream Oil & Gas at SparkCognition. He brings nearly four decades of experience across energy, research, and technology to his role, where he helps oil and gas businesses on their AI adoption and digital transformation journeys. Jack started his career as a research scientist working at NASA and Morton Thiokol, before moving into technology and energy, where he has played instrumental roles in business growth and modernization across multiple companies. Jack holds a BS in Chemistry and Computer Science from Berry College, and an MS in Physical Chemistry from the University of Alabama, Huntsville.

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.

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