Petroleum Drilling

Controlled and planned boring of holes through geologic rock formations for access to hydrocarbon reservoirs.

Lux logo LUX TAKE:

Momentum in drilling is driven from commodity prices in the oil and gas industry, with cost and safety the primary concerns for stakeholders. As a result, the sector has led the deployment of artificial intelligence and robotics for efficient, safer operations with close to 80% of emerging digital startups in the oil and gas industry targeting drilling. As the appetite for more data and analytics ...

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