Repsol has developed a new AI tool to drive operational efficiencies at the wellhead
Repsol trusts in AI
The company’s upstream digital strategy is increasingly turning to machine-learning and AI capabilities
Spanish operator Repsol’s new strategic plan is a transformation story. It relies on a world-class digital programme that is already rewriting how we operate our businesses. One of the pillars is focusing on creating a data-driven culture, establishing new ways of working and transforming our businesses through the use of AI. Around 60pc of all initiatives in Repsol’s digital programme involve data. One clear example is how we now carry out drilling operations in our exploration business. InWell.ai is a disruptive real-time prescriptive tool for field personnel that was launched earlier this year. This AI-based tool offers real-time guidance recommendations to frontline workers for every act
Also in this section
21 February 2025
While large-scale planned LNG schemes in sub-Saharan Africa have faced fresh problems, FLNG projects are stepping into that space
20 February 2025
Greater social mobility means increased global demand for refined fuels and petrochemical products, with Asia leading the way in the expansion of refining capacity
19 February 2025
The EU would do well to ease its gas storage requirements to avoid heavy purchase costs this summer, with the targets having created market distortion while giving sellers a significant advantage over buyers
18 February 2025
Deliveries to China decline by around 1m b/d from move to curb crude exports to Shandong port, putting Iran under further economic pressure
