Safe & Green Holdings Completes AI-Driven Wellsite Monitoring System Phase 1 in Texas
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 uses Machfu gateway technology to provide real-time, bi-directional monitoring and control capabilities for oil production operations. This system aims to significantly reduce lifting costs, minimize site visits, and decrease energy consumption while optimizing production output.
The platform employs a proprietary algorithm that automatically adjusts pumpjack operations based on water-cut levels, improving operational efficiency and extending equipment lifespan. This technological advancement represents progress toward more economical and environmentally sustainable oil extraction processes. Phase 2 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 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. This development addresses increasing industry pressure to improve operational efficiency while reducing environmental impact by leveraging artificial intelligence to optimize resource utilization and minimize waste.
The technology's ability to reduce site visits contributes to lower carbon emissions associated with transportation to remote well locations. The completion of Phase 1 marks a significant milestone for Safe & Green Holdings as it expands technological capabilities beyond its core modular construction business. The company's focus on developing safe and green solutions aligns with growing market demand for sustainable industrial practices.
NetworkNewsWire, which distributed the announcement, provides specialized financial news and content distribution services through its platform at https://www.NetworkNewsWire.com. As the energy sector evolves 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.
Curated from InvestorBrandNetwork (IBN)
