ONGC wants to steal an AI march over the world – 18 Jul 2024

In what will eventually be a model case for all E&P assets, ONGC is going 360 degree digital with one of its most complex assets

The idea seems to create a realistic digital twin that will involve all complexities of a high-order producing field

And control of the system will flow down the line from the director onwards

And this involve the use of AI modeling, perhaps for the first time in India and the amongst the few in the world.

The architecture planned is world class, and if at the digital level, a best in class model can be built up, the attendant real word changes will bring in unheard before advantages, including big jumps in efficiency and reservoir exploitation

Comment: ONGC’s initiative positions it as one of the early adopters of such advanced digital modelling technologies in the oil and gas industry. The use of AI and ML in the context of integrated asset management is relatively novel, providing ONGC with a competitive edge in terms of technology-driven efficiency and productivity enhancements. By implementing this system, ONGC is likely to set a benchmark in the industry for digital transformation and operational excellence in complex offshore producing assets.