AI Patenting: Big Data, Big Opportunity for Oil and Gas

July 2020

Oil and Gas Investor

By Charles T. Collins-Chase; Paul Townsend; Y. Leon Lin

Artificial intelligence (AI) has traditionally been the stuff of science fiction—Hal 9000, Skynet, R2-D2, and Agent Smith come to mind. But today AI is at the forefront of technological advancement in almost every field, including oil and gas. Although these innovations offer tremendous opportunities to increase efficiency, safety, and profits, companies may face challenges in securing intellectual property (IP) protection for their AI-based inventions. Companies that can successfully navigate IP pitfalls can reap the benefits of AI and gain a competitive advantage over competitors. In this article, Finnegan attorneys Charles Collins-Chase, Paul Townsend, and Leon Lin discuss the impact of the growth of artificial intelligence innovations on the oil and gas industry.

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Originally printed in Oil and Gas Investor in July 2020. This article is for informational purposes, is not intended to constitute legal advice, and may be considered advertising under applicable state laws. This article is only the opinion of the authors and is not attributable to Finnegan, Henderson, Farabow, Garrett & Dunner, LLP, or the firm’s clients.