Artificial Intelligence: The Future of Oil & Gas

MarketsandMarkets projects that the AI in the oil and gas market was worth $1.42 billion in 2016 and is expected to grow at a CAGR of 12.66 percent from 2017 to 2022 to reach a market size of $2.85 billion by 2022.

Improving operational efficiency in the oil and gas industry and predictive maintenance to avoid costly downtime will drive the artificial intelligence in oil and gas in the coming f...

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Oilman Jan-Feb 2018

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