AI for the Oil and Gas Industry

 
 
 

Why It’s Interesting

  • In 2018, the oil and gas industries spent an estimated $1.75 billion on AI - a sum that is projected to balloon to $4 billion by 2025.

  • Computer algorithms perpetually improve themselves and can automate the discovery of new reserves and streamline fossil fuel extraction.

  • Check out the video.



 

““Just when things look bleakest for black gold, new technology swoops in to keep the industry afloat.”