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Oil companies are increasingly using AI and remote operations to drill faster, suggest better ways to frack, and predict when active well pumps will fail (David Wethe/Bloomberg)
March 15, 2024, 6 a.m. |
Techmeme www.techmeme.com
David Wethe / Bloomberg:
Oil companies are increasingly using AI and remote operations to drill faster, suggest better ways to frack, and predict when active well pumps will fail — - Companies use AI to run drill rigs and predict broken pumps — Technology could slash costs and squeeze more oil from wells
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