Artificial Intelligence in Oil & Gas: Trends & Impact
Dev.to AI
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Machine Learning
Data Science
The oil and gas industry is at a defining moment where technology and necessity intersect. Artificial intelligence (AI) is transforming how companies explore resources, optimize production, and ensure safety. AI helps energy companies process big data, turning information into faster and accurate decisions. According to Blackridge Research’s AI in oil and gas report, the AI and machine learning market in oil and gas was valued at about USD 2.5B in 2024 and is expected to grow steadily at 7.1% annually through 2034.