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For service companies in the Oil & Gas industry, AI can be a game-changer. By automating tasks, improving decision-making and predicting problems, AI can help companies such Excelsior Energy to:
Reduce costs by automating routine tasks, optimising operations and improving efficiencies
Enhance safety through the identification of potential hazards and predicting problems
Improve decision making by using insights from large datasets
Across the industry, AI is already being used to model predictive maintenance, asset optimisation, risk management, analyse seismic data and identify potential drilling locations, to name but a few of the possible applications.
We at Excelsior Energy are in the process of implementing a number of improvements AI can bring to our operation to make sure we retain our competitive advantage and keep up with industry trends.
Similar to the great advances the medical world has seen as a result of the use of AI, we hope it will also help the resources industry to it live up to the world’s environmental and sustainability needs and expectations.
Contact us on info@excelsior-energy.com for more information about how we and AI can help transform your operation.
