$PXD Shale Producer Eyes Drilling With Artificial
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Posted On: 05/04/2017 1:18:19 PM
$PXD Shale Producer Eyes Drilling With Artificial Intelligence
Investor's Business Daily
GILLIAN RICH
Investor's Business DailyMay 4, 2017
Shale Producer Eyes Drilling With Artificial Intelligence
More
Pioneer Natural Resources (PXD) said using artificial intelligence could help ensure it always drills for oil in the best places,
as the energy sector embraces technologies that are transforming transportation, e-commerce and finance.
While Tesla (TSLA) has been pursuing autonomous driving and
Amazon (AMZN) is pushing its Alexa bot as a personal shopper,
the oil industry has been slower to go high tech.
But more companies are applying data analytics to oil exploration and production. Pioneer Natural Resources said Thursday that it isn't using AI yet, though it's been using predictive analytics.
AI would help "narrow the outcomes on these wells," meaning Pioneer could always drill in the sweet
Investor's Business Daily
GILLIAN RICH
Investor's Business DailyMay 4, 2017
Shale Producer Eyes Drilling With Artificial Intelligence
More
Pioneer Natural Resources (PXD) said using artificial intelligence could help ensure it always drills for oil in the best places,
as the energy sector embraces technologies that are transforming transportation, e-commerce and finance.
While Tesla (TSLA) has been pursuing autonomous driving and
Amazon (AMZN) is pushing its Alexa bot as a personal shopper,
the oil industry has been slower to go high tech.
But more companies are applying data analytics to oil exploration and production. Pioneer Natural Resources said Thursday that it isn't using AI yet, though it's been using predictive analytics.
AI would help "narrow the outcomes on these wells," meaning Pioneer could always drill in the sweet
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