Baker Hughes launches AI software to optimise oil and gas production

Oilfield services company Baker Hughes and artificial intelligence (AI) software provider C3.ai have launched an AI-based application that allows well operators to view real-time production data and more accurately predict future production. The application, BHC3 Production Optimization, is the second AI software application developed by Baker Hughes and C3.ai following the announcement of their strategic partnership in June 2019. BHC3 Production Optimization is available to Baker Hughes' oil and gas customers globally. Baker Hughes says it is able to visualise, analyse and optimise upstream oil and gas operations. The software analyses historical and real-time data across production operations then analyses the data using machine learning for anomaly detection, production forecasting, and prescriptive actions that improve production performance.