Total Plans to Use Artificial Intelligence to Cut Drilling Costs
A worker inspect facilities on an upstream oil drilling platform at the Total oil platform.
Photographer: Pius Utomi EkpeiI/AFP
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Total SA plans to start a digital factory in the coming weeks to tap artificial intelligence in a bid to save hundreds of millions of dollars on exploration and production projects, according to an executive.
The use of artificial intelligence to screen geological data will help identify new prospects, and shorten the time to acquire licenses, drill and make discoveries, Arnaud Breuillac, head of E&P, said at a conference organized by IFP Energies Nouvelles in Paris on Friday. It will also help optimize the use of equipment and reduce maintenance costs, he said.