ABOUT THIS WEBINAR

Oil & Gas

Unlocking the AI Black Box: Transforming Oil & Gas Operations With Neural Networks

 

Webinar Summary

Today’s Oil & Gas assets, including everything from pumps to compressors, must operate reliably in a wide array of harsh and challenging environments. Toward that goal these assets are becoming instrumented, intelligent, and interconnected, providing an incredible amount of data. Unfortunately, the ability to process this information in real-time has proven elusive. According to Accenture, less than 29% of organizations apply advanced analytics, like AI, effectively across their sites to reduce operations costs and/or optimize processes.

AI plays a pivotal role in enabling organizations to detect anomalies, predict asset failures, and prescribe the next best actions. However, not all AI is created equally, and many with black boxes fail to understand the idiosyncrasies of Oil and Gas operations.

IN THIS WEBINAR:

SparkCognition explains:

  • How neural networks allow operators to understand the dynamics of aging assets reducing failure by up to 20%
  • How Normal Behavior Modeling (NBM) is significantly reducing alert fatigue ensuring worker productivity
  • How machine learning can augment human knowledge and retain critical asset history increasing uptime by 5%


Watch It Now

Unlocking the AI Black Box: Transforming Oil & Gas Operations With Neural Networks originally ran on September 29, 2022. Want to see the recording on demand? You can watch it now!

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