As per a recent study done by McKinsey, in the upstream alone there is USD 50bn+ to be saved.
Source: McKinsey Global Research
using our solutions
Use AI to analyse seismic, log and test data to identify optimal drilling sites
Make better decisions before bidding by eliminating dry blocks and identifying key sites
Apply AI in planning and execution to improve success rate across various stages of drilling
Use advanced algorithms to analyze data such as economic conditions and weather patterns to forecast demand