Look at what changes in the work. Then ask what the results actually prove.
Research updated 26 October 2026
Initial screen: 26 September 2024–26 September 2026. Broad register review: 8 October 2026. Selected updates through 26 October 2026; individual sources retain their own dates.
A CLOSER LOOK / SLB IN THE PERMIAN
Fewer wells received too much chemical.
Across nearly 1,400 wells, SLB reports overtreatment falling from 17% to 3% over a 20-month program.
Before17%
After3%
Each square = 1% of wells · performance over 20 months
Sensors feed ML detection. Weekly team reviews support remote adjustments.
Better chemical dosing reduced waste across an existing well fleet.
No route-level time or savings result is given. AI’s contribution is not separated from sensors and automation; dispatch and overrides are unspecified.
Vendor- and sponsor-reported. Faster planning does not establish better capital returns. The solver’s results cannot be attributed to the language model.
Selected examples, not a ranking. More autonomy does not establish more value. Open a project for scope, reported results and limits.
01 / THE INDUSTRY IN THREE FINDINGS
Here’s what the evidence tells us.
Start with these patterns. Then look at the companies and the work behind them.
01
AI is already changing operating work.
Two routes from data to field action
CompanyThe workWho acts
Devon describes software that changes lift settings. Oxy uses it to help decide where field crews should focus. These examples change what happens next. sources
Ask who can make the change, what the software is allowed to do and how people check the result.
02
The operating foundations matter, too.
Two foundations to investigate
EOGBuilds internal software
EQTShares work and communication
EOG builds its own software. EQT brings important processes and communication into a shared digital workspace. That may make it easier to put new tools into everyday use. sources
An existing foundation could help. It does not prove that a company gets better AI results.
We can see what’s running. Returns are harder to judge.
Out of 220 company-use profilesOverlapping groups. A numerical result is not a measure of net return.
We have 220 profiles of company AI projects. Sources describe 151 as in operation; 55 of those also report a numerical result. The figures cover different measures and periods.
To know whether a system pays off, we need a fair comparison, all its costs and evidence that the benefit lasts.
Our reading of selected public sources, across 104 named companies or groups. These counts describe profiles in this collection, not industry adoption. Some profiles cover parts of the same program. Select an exhibit or a source to inspect the evidence.
These stand out for what they change: equipment settings, fleet oversight, field work or major planning decisions. Ambition doesn’t tell us which earns the best return.
Our selection from the reviewed cases, with no rank order. The examples below have reported operating use. Reach, decision authority and results are different measures.
Company & workWhy it stands outWhat the evidence establishes
Tools like ChatGPT use large language models, or LLMs. They work well with text. But a model built for a well or a piece of equipment may create more operating value. This chart asks where the value could be, and how much of the work a language model could handle.
Reading information, looking into a problem and drafting a response.
We selected ten kinds of work. Their positions reflect our judgment, not measured ROI. Choose one to read why we placed it there and see the company examples and sources.
220 profiles cover company AI projects, across 104 named companies or groups. The full collection has 306 profiles, including products, investments and other related work.
Where this research comes from
We start with earnings materials, investor presentations, company reports and named customer examples. We also cover products, investments, company plans and energy infrastructure serving AI. We keep those separate from companies using AI in their own work.
We searched and reviewed public sources, but we cannot claim to have found every project worldwide. Some profiles overlap. A publication date may be later than the work it describes. We keep each result with its source, period and limitations. If we found no announcement, that does not mean a company is inactive or a project failed.