Artificial Intelligence is driving transformation across every aspect of the oil and gas sector, bringing with it a new set of challenges. We sat down with William Speer, Former VP of Transformation at California Resources Corporation (CRC) to dive deep into how CRC are working towards achieving synergy capture targets in excess of 2X the industry average and delivering step-change functional process performance through disciplined integration and technology deployment.
The oil and gas industry has always been fertile ground for operational excellence. But with new technologies such as AI challenging long-held certainties, how can leaders leverage the new opportunities in a business environment that is becoming more complex?
Matthew Bernstein, Vice President, North America, Oil & Gas at Rystad Energy describes the challenges that face the core business model of many US publicly traded E&P firms.
AI promises revolutionary change, but are businesses ready for the reality? Companies are rushing to deploy new AI tools for consistent, error-free operations at speed, often before fully grasping the inherent challenges. Leaders are hearing about exponential leaps in automation, but do they need a reality check on what's truly achievable right now?