EP 48: William Fox from Corva.ai

William Fox, General Manager for Drilling at Corva.ai, shares his insights on the transformative role of AI in the oil and gas industry. He explains how AI is revolutionizing drilling operations by optimizing performance and driving innovation, while also addressing common uncertainties and misconceptions about AI in industrial markets. Key points include Corva’s Predictive Drilling technology, which leverages AI to enhance efficiency and safety, and the importance of balancing automation with human expertise for sustainable growth. William also highlights AI's future potential to mitigate risks and amplify human capabilities in the energy sector, advocating for collaboration over competition and emphasizing ethical AI implementation in his approach.Join the conversation shaping the future of energy.Collide is the community where oil & gas professionals connect, share insights, and solve real-world problems together. No noise. No fluff. Just the discussions that move our industry forward.Apply today at collide.io00:00 - Intro00:40 - AI Gone Wrong: Risks and Challenges03:20 - Predictive Drilling: Definition and Benefits05:20 - Cursor: Innovative Technology in Drilling07:20 - Human-Machine Interface: Enhancing Interactions09:20 - Training the Model: Best Practices12:20 - LLMs in Drilling: Potential and Applications17:40 - Garbage In, Garbage Out: Data Integrity Issues18:50 - Data Quality: Importance in AI Systems19:50 - Trusting AI: Building Industry Confidence22:18 - Real-Time Model Maintenance: Strategies25:00 - Labeling Data: Essential for Machine Learning27:38 - Predict and Mitigate: The Ideal Future28:48 - Running in the Cloud: Advantages for Drilling30:52 - Liability: Legal Considerations in AI33:55 - Commercial Aspects: AI in the Drilling Industry38:20 - Business Case for AI: Justifying Investments41:00 - Impact on Production: Measuring Success44:10 - Tool Joint Mitigation: Techniques and Solutions53:19 - What's Next for Novi: Future Developments57:40 - Speed Round: Quick Insights1:00:10 - How to Reach Will Fox: Contact Informationhttps://twitter.com/collide_iohttps://www.tiktok.com/@collide.iohttps://www.facebook.com/collide.iohttps://www.instagram.com/collide.iohttps://www.youtube.com/@collide_iohttps://bsky.app/profile/digitalwildcatters.bsky.socialhttps://www.linkedin.com/company/collide-digital-wildcatters