Aging Midstream Supply Chain in the Oil and Gas Industry: Issues and AI-Based Solutions

Anshu Saran; Gurdeep Singh Raina; Diem Ha Bui; Parvinder Pal Singh

doi:10.56476/jed.v49i2.25

pdf

Published: Dec 1, 2024

DOI: https://doi.org/10.56476/jed.v49i2.25

Keywords:

Artificial intelligence (AI), midstream oil and gas, supply chain, optimization, safety, cost, regulation, pipelines, aging infrastructure, supply chain issues, U.S. energy

Anshu Saran

College of Business, University of Texas of Permian Basin

Gurdeep Singh Raina

College of Business, University of Texas of Permian Basin

Diem Ha Bui

University of Texas of Permian Basin

Parvinder Pal Singh

University of Central Arkansas

Abstract

The paper attempts to identify supply chain issues in the midstream sector of the oil and gas industry due to aging infrastructure. We identify four key issues – safety, regulatory compliance, cost, and supply chain optimization. We used extant literature to assess the potential impact of the aging infrastructure on the aforesaid four issues. We investigate the possible solutions based on emerging artificial intelligence technologies and suggest applications of the same. Suggested solutions are based on our investigation into the oil and gas and technology industries, making our research interdisciplinary.

How to Cite

Saran , Anshu, Gurdeep Singh Raina, Diem Ha Bui, and Parvinder Pal Singh. 2024. “Aging Midstream Supply Chain in the Oil and Gas Industry: Issues and AI-Based Solutions”. Journal of Energy and Development 49 (2):211–226. https://doi.org/10.56476/jed.v49i2.25.

Issue

Vol. 49 No. 2 (2024): Journal of Energy and Development

Section

Articles

This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

Author Biographies

Anshu Saran , College of Business, University of Texas of Permian Basin

Dr. Anshu Saran serves as a Professor of Marketing at the College of Business, University of Texas of Permian Basin. He has a Ph.D. in Marketing and International Business from the University of Texas Rio Grande Valley. Dr. Saran worked in the industry for 12 years, after which he moved to academia. His research interests are in marketing strategy, sales management, supply chain management, and global business, apart from some emerging topics like applications of blockchain and artificial intelligence.

Anshu SARAN | University of Texas of the Permian Basin, Odessa | UTPD | Business | Research profile

Gurdeep Singh Raina, College of Business, University of Texas of Permian Basin

Dr. Gurdeep Singh Raina is an Assistant Professor of Management at the College of Business, University of Texas of Permian Basin. He holds a Ph.D. and an MSBA from Washington State University, in addition to an MBA with a focus on International Business and Marketing from Symbiosis International University. His research interests are grounded in strategy, entrepreneurship, and the role of corporate governance in shaping organizational outcomes. Dr. Raina’s work contributes to advancing knowledge on how diverse leadership impacts decision-making processes, firm performance, and governance structures in contemporary business environments. Dr. Raina is also interested in understanding the role and impact of artificial intelligence on organizations and their strategies.

‪Gurdeep Singh Raina‬ - ‪Google Scholar‬

Diem Ha Bui, University of Texas of Permian Basin

Diem Ha Bui earned a bachelor’s degree in Accounting from Ha Noi University and is currently pursuing a master’s in Finance at the University of Texas of Permian Basin. Diem also works as a graduate research assistant at the University of Texas of Permian of Basin. Her research interests include finance, accounting, supply chain management, and marketing.

Diem Ha Bui | LinkedIn

Parvinder Pal Singh, University of Central Arkansas

Dr. Parvinder Pal Singh is currently pursuing an MS degree in Data Analytics at the University of Central Arkansas, USA. He holds a Ph.D. and an MBA in Marketing from Guru Nanak Dev University, Amritsar, India. With a strong academic and research background, Singh has published several articles in the areas of advertising, artificial intelligence (AI), sustainability, and crisis management. His research focuses on the intersection of technology, consumer behavior, and ethical considerations in marketing, exploring how AI and digital transformations are reshaping the business landscape. His work contributes both to academic discourse and practical solutions for contemporary marketing challenges.

Parvinder Pal Singh | LinkedIn

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