How Grounded AI Could Save $1 Billion in the Permian Water Sector

摘要

The booming Permian Basin is a new technological proving ground for America's energy industry. How can it set itself up for success? The oil and gas industry's recent and explosive success in the Permian Basin has been a boon to production and profitability for producers as well as to American energy independence overall. Production in western Texas and southern New Mexico is expected to double its current production rate to about 8 MMbbl/d in four years. For perspective, that estimate surpasses the U.S.'s total production numbers from six years ago. But with all of that opportunity, a growing water challenge must be taken into account when operating and investing in the Permian Basin.