UK company Geoteric has unveiled its integrated intelligence service offering, which uses AI and machine learning to enhance subsurface fault interpretation. The new service, called “Fault Analysis for the Oil & Gas Industry,” is designed to help oil companies identify potential faults in their wells before they occur.
UK company Geoteric has unveiled its integrated intelligence service offering, which uses AI and machine learning to enhance subsurface fault interpretation. The new service will be delivered via Geoteric’s AI platform, which has already achieved cost savings of over 70% in small projects, and more in bigger schemes.