Robots could replace hundreds of thousands of oil and gas jobs, save billions in drilling costs by 2030

Applying current supplier specs, which suggest that robotic drilling systems can potentially reduce the number of roughnecks required on a drilling rig by 20% to 30%, Rystad Energy estimates that such a reduction in both offshore and onshore drilling crews can bring cost savings of more than $7 billion in wages in the US alone, based on present wage levels.

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