Rystad Energy – Digital and AI in upstream oil and gas – a $500 billion opportunity

  • Last Updated on May 23, 2026

Digitalization and artificial intelligence (AI) will create close to $500 billion in cumulative value for E&P companies between 2026 and 2030, according to Rystad Energy estimates. This value is captured through cost reductions from more efficient operations, production increases from higher uptime and increased recovery, and compressed development timelines. Cost reductions and production increases are

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