How Artificial Intelligence Is Taking Over Oil And Gas SafeHaven.com

Artificial intelligence, or rather things like machine learning and automation, which are often wrongly called artificial intelligence, is a big thing in oil and gas right now. The hype around AI spreads a lot further than the oil and gas industry, but in it, the technology is making the first splashes and it looks like they are fast multiplying. While "AI"--or more accurately predictive and analytic algorithms, and automation--in the upstream segment of the industry has garnered some attention already, there is a somewhat surprising part of the oil and gas industry that may be as ripe as exploration and production for some software help: permitting and environmental assessment. Researchers from the Environmental Defense Fund are working on a system using Natural Language Processing that could streamline what is now a very complex process to the benefit of all stakeholders involved. Here's how one of the researchers, Evan Patrick, puts it: "Natural Language Processing pulls out information similar to how humans get information from reading.