Luke Fangman

Luke Fangman

Head of AI Permian Resources

AI in Energy Week Day One - March 2, 2027

8:40 AM Opening Keynote: From AI Investment to Enterprise Value: How Permian Resources are Creating Value from 130 AI Use Cases

Having spent years at Microsoft seeing how some of the world's largest energy companies approach AI, Luke Fangman is now sitting on the other side of the table, responsible for executing AI strategy from inside Permian Resources. Permian Resources operates approximately 535,000 net leasehold acres across the Permian Basin and produced an average 376,400 BOE per day in Q2 2026. 

With 130 AI use cases targeted over the next two years, the challenge is not identifying where AI could be applied, but determining where it will create the greatest business value. Drawing on his unique perspective from technology provider to energy operator, Luke Fangman will share the AI value framework Permian Resources is using to evaluate investments, distinguish tangible financial returns from productivity gains, and give executive leadership greater visibility into what is working, what should scale and where investment should go next.

Luke will share how Permian Resources are:
• Prioritizing 130 AI opportunities and identifying where AI can create the greatest value across acquiring, planning, developing and operating assets
• Putting a value against AI by separating tangible cost reductions and revenue opportunities from productivity gains and other less-direct benefits
• Creating a consistent AI value framework, tracking investment and returns to determine what should scale, where further investment is justified and when an initiative is not delivering enough value

Check out the incredible speaker line-up to see who will be joining Luke.

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