Amerino Gatti, Executive Vice President of Oilfield Services & Equipment at Baker Hughes, commented: “Artificial intelligence is revolutionizing energy production, and Leucipa enables companies to operate more efficiently to recover more from their assets.
“Repsol has long been a trusted collaborator, and their support has helped Leucipa develop into the industry’s most innovative and effective digital production software. We are excited to work together to accelerate the energy industry’s digital evolution.”
Even though Repsol has used Leucipa across its operations since the introduction of the solution, the memorandum of understanding (MoU), which was signed on October 11, 2024, is anticipated to deepen the relationship with Baker Hughes while also reinforcing the Spanish firm’s position in the industry and creating new commercial opportunities for Leucipa.
This automated field production solution is said to help oil and gas operators proactively manage production and reduce carbon emissions, focusing first on the specific outcome an operator wants to achieve, harnessing and leveraging data to drive intelligent operations.
According to the U.S. player, Leucipa’s automation of production processes will reduce inefficiency, ensure more environmentally sound operations, and enable customers to help recover the millions of barrels that would have otherwise remained in the ground.
