GulfSlope Energy Inc (GSPE)

[smith199]

Perhaps this is a good time to introduce another topic for discussion. From reading the Journal of Petroleum Technology, I learned that many of the offshore GOM oil producers and service companies are leaning towards implementation of the ‘predictive maintenance’ model (PMM) using Artificial Intelligence (AI).

This enhances profitability by cutting expenses, improving safety and reliability, and increasing productivity. This could certainly benefit Gulfslope Energy in operating platforms (PMM) or drilling wells (MPD).

Coincidentally, Artificial Intelligence can be a benefit for solving many other issues facing us in our daily lives. And we are in dire need of some kind of intelligence from our leadership.

It is said that in 3 to 5 years AI will be able to do all calculations ever performed in the history of mankind in one second. Assuming this is an accurate statement, imagine what could be accomplished in two weeks.

Since the human brain will be unable to compete with AI, the trick will be to harness it’s power in such a way that it does not evolve in to controlling us and our lives.

If we fail, we will not have supervision over it. We may just be sitting around wondering what just happened. So all groups will need to come together and focus on getting this right, as no group will be exempted from the outcome.

The USA will continue to be the leader in the development of AI, which again brings me back to the need for some kind of intelligence from our leadership.

https://jpt.spe.org/ai-is-here-and-its-helping-with-predictive-maintenance-in-the-oil-field





Mrs. Smith