The identification of optimal sites for oil exploration is based on the analysis of complex seismic and environmental data. Deep learning accurately predicts subsurface faults without the need of manual intervention. This improves exploration effectiveness and increases ROI.
Maintaining and improving operational efficiency is critical in the oil and gas industry. Deploying deep learning solutions to analyze real-time data from sensors at drilling sites, pipelines and refineries improves equipment availability, minimizes risk and lowers cost of production.
Oil and gas prices can be very volatile but deep learning accurately predicts macro-economic trends to guide investments around exploration and production.