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Applications of Artificial Intelligence (AI) and Machine Learning (ML) in the Petroleum Industry (Hardcover)
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Applications of Artificial Intelligence (AI) and Machine Learning (ML) in the Petroleum Industry (Hardcover)
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Today, raw data on any industry is widely available. With the help
of artificial intelligence (AI) and machine learning (ML), this
data can be used to gain meaningful insights. In addition, as data
is the new raw material for today's world, AI and ML will be
applied in every industrial sector. Industry 4.0 mainly focuses on
the automation of things. From that perspective, the oil and gas
industry is one of the largest industries in terms of economy and
energy. Applications of Artificial Intelligence (AI) and Machine
Learning (ML) in the Petroleum Industry analyzes the use of AI and
ML in the oil and gas industry across all three sectors, namely
upstream, midstream, and downstream. It covers every aspect of the
petroleum industry as related to the application of AI and ML,
ranging from exploration, data management, extraction, processing,
real-time data analysis, monitoring, cloud-based connectivity
system, and conditions analysis, to the final delivery of the
product to the end customer, while taking into account the
incorporation of the safety measures for a better operation and the
efficient and effective execution of operations. This book explores
the variety of applications that can be integrated to support the
existing petroleum and adjacent sectors to solve industry problems.
It will serve as a useful guide for professionals working in the
petroleum industry, industrial engineers, AI and ML experts and
researchers, as well as students.
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