How artificial intelligence is transforming the oil and gas industry

Every industry faces operational challenges on an everyday basis, whether it is due to machine downtime or equipment failure. However, the latest advents in technology like artificial intelligence; IoT, etc. help industries to tackle such challenges efficiently. After witnessing this, the oil and gas industry has finally started the integration of these technologies in its operations. There are various applications of artificial intelligence for different industries. Out of which, the main applications of AI for the oil and gas industry are machine learning (ML) and data science.