AI and Digital Technology for Oil and Gas Fields

Book excerpt: The book essentially covers the growing role of AI in the oil and gas industry, including digital technologies used in the exploration phase, customer sales service, and cloud-based digital storage of reservoir simulation data for modeling. It starts with the description of AI systems and their roles within the oil and gas industry, including the agent-based system, the impact of industrial IoT on business models, and the ethics of robotics in AI implementation. It discusses incorporating AI into operations, leading to the reduction of operating costs by localizing control functions, remote monitoring, and supervision. Features of this book are given as follows: It is an exclusive title on the application of AI and digital technology in the oil and gas industry It explains cloud data management in reservoir simulation It discusses intelligent oil and gas well completion in detail It covers marketing aspects of oil and gas business during the exploration phase It reviews development of digital systems for business purposes This book is aimed at professionals in petroleum and chemical engineering, technology, and engineering management.