How AI can help oil and gas producers reduce greenhouse gas emissions – and improve their business

In Canada, oil and gas production accounts for a quarter of national GHG emissions and is a significant emitter in the United States. As concern over global warming grows, regulations are tougher, investors are more demanding, and even bankers want assurance that producers are managing their “climate risk.” Lowering greenhouse gas (GHG) emissions from oil and gas production is smart business. Done properly, reducing emissions is an important part of better operational performance that includes higher efficiencies, lower costs, and longer well runtimes.

Artificial intelligence and optimization

A typical engineer oversees around 250 wells. There are only so many hours in the day and who has the time to crunch all that data? Keeping production online, not optimizing, is often the first priority. That leads to a “set it and forget it” mentality and poor performance.

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