February 19, 2021
Roundtable discussion: How AI is driving oil and gas market recovery
Actenum’s Owen Plowman talks with Hart’s E&P
In an exclusive roundtable discussion, senior executives with four energy tech companies discuss how the downturn has accelerated the need to adopt new technologies and how artificial intelligence (AI), machine learning and analytics are shaping the future of the industry.
“The pandemic has changed the mindset of the executives, and right now everyone understands there is no way to run business without digitalization. More and more executives are considering digital transformation as the number one step,” said Michael Maltsev, CEO and president of RigER.
“What I’ve been hearing since 2004 is the importance of digitizing the oil field, and it’s just a never-ending story,” added Owen Plowman, vice president of business development with Actenum Corp. “Because of the downturn, executives are really starting to examine areas in their organizations where they had not really thought about efficiency gains before.”