Safe & Green Holdings Completes Phase 1 of AI-Driven Oil Monitoring System
TL;DR
Safe & Green Holdings' AI monitoring system reduces lifting costs and optimizes production, giving oil operators a competitive edge through operational efficiency.
The system uses Machfu gateway and proprietary algorithms to adjust pumpjack operations based on water-cut levels for real-time bi-directional monitoring and control.
This technology reduces energy consumption and site visits, creating safer operations while extending equipment life for more sustainable resource extraction practices.
Shareholders can monitor real-time results via a read-only webpage as Phase 2 deploys the intelligent wellsite monitoring system across production pads.
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Safe & Green Holdings Corp. has announced the completion of Phase 1 of its intelligent wellsite monitoring system through subsidiary Olenox Corp. The AI-driven platform utilizes Machfu gateway technology to enable real-time, bi-directional monitoring and control capabilities for oil production operations. This system is designed to significantly reduce lifting costs, minimize site visits, and decrease energy consumption while simultaneously optimizing production output.
Through a proprietary algorithm, the platform automatically adjusts pumpjack operations based on water-cut levels, improving operational efficiency and extending equipment lifespan. This technological advancement represents a substantial step forward in making oil extraction processes more economical and environmentally sustainable. The development comes at a time when the energy industry faces increasing pressure to improve operational efficiency while reducing environmental impact.
The intelligent monitoring system addresses both concerns by leveraging artificial intelligence to optimize resource utilization and minimize waste. The technology's ability to reduce site visits also contributes to lower carbon emissions associated with transportation to remote well locations. Phase 2 of the project will involve full deployment at an Olenox production pad, where the system's capabilities will be tested in real-world conditions.
Shareholders will have the unique opportunity to monitor real-time results through a read-only webpage, providing unprecedented transparency in oil production operations. The latest news and updates relating to SGBX are available in the company's newsroom at https://nnw.fm/SGBX. NetworkNewsWire, which distributed the announcement, provides specialized financial news and content distribution services through its platform at https://www.NetworkNewsWire.com.
The completion of Phase 1 marks a significant milestone for Safe & Green Holdings as it expands its technological capabilities beyond its core modular construction business. The company's focus on developing safe and green solutions across various industries aligns with growing market demand for sustainable industrial practices. As the energy sector continues to evolve toward more digital and automated operations, technologies like Olenox's intelligent monitoring system represent the future of efficient resource extraction.
The successful implementation of Phase 2 could establish new industry standards for operational transparency and environmental responsibility in oil production. This development demonstrates how artificial intelligence can transform traditional extraction methods into more sustainable practices while maintaining economic viability. The system's ability to provide real-time monitoring and automated adjustments represents a paradigm shift in how oil production operations can be managed with greater efficiency and reduced environmental footprint.
Curated from InvestorBrandNetwork (IBN)
