From Midstream to Pipedream? Why the Promise of AI Has Failed the Oil and Gas Industry

From Midstream to Pipedream? Why the Promise of AI Has Failed the Oil and Gas Industry

Perhaps the worst kept secret in oil and gas is that the “calendar-based maintenance” operating philosophy we inherited from our predecessors many decades ago is due for an overhaul. The fear of unexpected downtime – when parts fail before mean time-to-failure – has led most organizations to “over maintain” and…

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Author Profile
CEO and co-founder -

Monte Zweben is the CEO and co-founder of Splice Machine. A technology industry veteran, Monte’s early career was spent with the NASA Ames Research Center as the deputy chief of the artificial intelligence branch, where he won the prestigious Space Act Award for his work on the Space Shuttle program. Monte then founded and was the chairman and CEO of Red Pepper Software, a leading supply chain optimization company, which later merged with PeopleSoft, where he was VP and general manager, Manufacturing Business Unit. Then, Monte was the founder and CEO of Blue Martini Software – the leader in e-commerce and omni-channel marketing. Monte is also the co-author of Intelligent Scheduling, and has published articles in the Harvard Business Review and various computer science journals and conference proceedings. He was Chairman of Rocket Fuel Inc. and serves on the Dean’s Advisory Board for Carnegie Mellon University’s School of Computer Science.

Oil and gas operations are commonly found in remote locations far from company headquarters. Now, it's possible to monitor pump operations, collate and analyze seismic data, and track employees around the world from almost anywhere. Whether employees are in the office or in the field, the internet and related applications enable a greater multidirectional flow of information – and control – than ever before.

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