Leveraging Artificial Intelligence in oil & gas

The oil and gas sector, both upstream and downstream, are already leveraging artificial intelligence to streamline exploration, maintain assets, optimize scheduling, and more.

The rise in the use of generative artificial intelligence (AI) is having a profound impact on myriad sectors worldwide. The market for AI in the oil and gas sector is expected to reach record highs, prompting oil and gas companies globally to invest in AI or plan to do so in the next 5 years.

In this executive summary, we examine how artificial intelligence can help the oil and gas sector operate more efficiently and sustainably, including sector use cases that are already leveraging digitalization, automation, AI, machine learning, and digital twins.