AI speeding up oil extraction and boosting US crude output

A new report has highlighted all the different ways artificial intelligence is revolutionizing the oil industry
For offshore drillers like Nabors Industry Ltd, artificial intelligence (AI) is transformative. AI from Houston-based software developers Corva LLC is able to autonomously control a drilling rig, which helps to increase drilling speed by at least 30% while also significantly reducing the volume of commands needed to operate the rig.  
“This is all automated — the driller doesn’t have to press anything,” Rafael Guedes, the company’s director of performance tools, told Bloomberg. “Now you can use your brain power for something else.”
According to the outlet, companies like Nabors Industries Ltd, which are utilizing AI in order to become more efficient, save between 25 and 50% on costs.
Bloomberg report that AI is also being tested in offshore oil fields, with companies like SLB reporting significant time savings. Jesus Lamas, president of SLB’s well construction unit, told Bloomberg that in the next 3-5 years, all their wells will be autonomously controlled by AI.“We need to do something different,” Lamas said. “We need to lower the cost of a barrel, we need to increase efficiency and we need to decrease the CO2 emissions per barrel.”
‘A lean operator’
 Another company that spoke to Bloomberg is Hilcorp Energy Co, a private oil and gas producer based in the US. Machine learning is utilized at this company by predicting equipment failures before they happen, which in turn prevents company downtime. The company estimates that it can prevent approximately half a billion cubic feet of gas production from going off the line by using machine learning to predict equipment failures.
“We always want to be a lean operator,” Lisa Helper, a geologist, said at a company conference quoted by Bloomberg. “Utilizing AI and machine learning in the field, in the office, then eventually through subsurface analysis has enabled us to keep a very tight, optimal workforce.”
Featured Image: Photo by Jan-Rune Smenes Reite via Pexels
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Genshin Impact leaks reveal Arlecchino’s splash art and weapon

As fans get stuck into Genshin Impact’s 4.5 release across the world, leaks have revealed more details about the hotly anticipated five-star character Arlecchino, known as The Knave. Reliable sources have shown off her splash art and her weapon.

ARLECCHINO SPLASH ART — GENSHIN IMPACT
Via Dimbreath#Genshinlmpact #原神 #Genshin pic.twitter.com/MXQGLLG2UC
— K O V A K (@KdeKovaK) March 13, 2024

Arlecchino is a Fatui Harbinger, the fourth of eleven, and initially appeared in a trailer that showcased eight of these mysterious characters. She has also been a part of the Fontaine storyline, leaving fans wanting more.
The leaks, which have been shared by reliable sources, come from the Genshin Impact 4.6 beta testing server. The splash art is eye-catching, with its black, red, and white color scheme. Arlecchino stands atop the “Ancient Mountain of Doom” and sports a single red wing.

Equally as exciting is the reveal that Arlecchino’s signature spear weapon transforms into a scythe as she uses it. The attack, named “Crimson Monn’s Semblance” has been shown by other leaks to have a very high attack value, making Arlecchino a valuable DPS character.
The new leaks have added to the hype though, and people can’t wait to add Arlecchino to their rosters. Her weapon’s sub-stat is CRIT rate, a huge boon for damage-dealing characters. It also grants a Bond of Life effect of 25% max hit points whenever a charged attack lands. This prevents opponents from healing mid-fight. The cherry on the cake is that having an active Bond of Life grants a damage bonus to Arlecchino.
When will Arlecchino be released?
While there is no firm release yet for when players can get their hands on Arlecchino, it has been confirmed by HoYoverse that she will release with Version 4.6, the next major patch due for the game. Genshin Impact has a tendency to follow a 6-week release cycle, and if that continues to hold true, Arlecchino might be available on April 24. 
Naturally, all information gained from leaks, no matter how reliable, should be taken with a pinch of salt. All this information is subject to change as HoYoverse gathers information from the 4.6 beta testing server.
Image credits: HoYoverse
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Lordstown Motors comes out of bankruptcy with a new name to fight Foxconn

Lordstown Motors has emerged from bankruptcy with a new name and a nearly-singular focus: continuing its lawsuit against iPhone-maker Foxconn for allegedly “destroying the business of an American startup.” The company announced in a late Thursday regulatory filing that it has put into effect a Chapter 11 restructuring plan that was recently approved by the […]
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Hyundai-backed Motional buys time with a bridge loan

Autonomous vehicle technology startup Motional has secured a bridge loan that provides a temporary financial reprieve as the company searches for a longer term source of funding, TechCrunch has learned. Motional CEO Karl Iagnemma told staff in a companywide email view by TechCrunch that the company’s board of directors approved the bridge financing. “As I’ve […]
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Norfolk Council leads £385m legal win over Apple

The local authority – and others – had accused the tech giant of misleading shareholders.

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SuiteCRM Review 2024: Pricing, Features, Pros & Cons

As an open-source platform, SuiteCRM offers a robust set of core features. Businesses can also expand its functionality by purchasing add-ons and customizing the tool as needed.

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TechCrunch Minute: A TikTok ban is looking more and more like impending reality

Well, that was fast. After a House subcommittee gave its assent to a bill that would force the divestment of TikTok or ban it in the United States, the House itself voted in the affirmative, albeit with a few dozen votes of dissent. Now it’s off to the Senate, where high-profile support has already been […]
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Pitch Deck Teardown: SuperScale’s $5.4M Series A deck

The company is promising to make marketing for games easier, and given that great marketing is one of the crucial differences between an OK outcome and a smash-hit success.
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Y Combinator’s Chief Startup Whisperer Is Demoting Himself

As the influential startup incubator downsizes—and navigates political pushback—managing director Michael Seibel is taking a new role to spend more time working with founders.

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Sophos: Cyber Security Professional Burnout Is Widespread, Creating Risk for APAC Organisations

Burnout and fatigue among cyber professionals are leading to flow-on consequences like more data breaches, employee apathy to cyber duties and turnover of cyber workforces during a skills crisis.

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