October 2024
Intermediate to advanced
258 pages
8h 15m
English
Content preview from AI and Digital Technology for Oil and Gas Fields
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11 Energizing the Future of Digital Technology in the Oil and Gas Industry
11.1 Industry Trends
It is emerging that the oil and gas industry has started moving toward a future of increasing digitization application. Companies investing heavily in developing these technologies will surely reap the benefits in years to come.
Digital platform will become the new business model and accelerate the reach of new markets. Artificial intelligence (AI) is already having a significant influence on current technologies. A cloud-based digital program that statistically predicts the future production of oil and gas is being adopted. Using its type curve studio, a user can forecast 500 oil well decline curves a minute after ...
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.