Blockchain Registration Transaction Record
SGBX Deploys AI-Powered Oilfield Monitoring System to Cut Costs
Safe & Green Holdings completes Phase 1 of AI-powered wellsite monitoring system through Olenox Corp. The Machfu gateway enables real-time control to reduce costs and optimize oil production efficiency.

This development represents a significant step forward in oilfield automation and efficiency that could transform traditional energy production methods. The AI-driven monitoring system addresses critical industry challenges including rising operational costs, environmental concerns, and equipment maintenance issues. For energy companies, this technology offers substantial cost savings through reduced manual site visits and optimized production processes. For investors, it demonstrates Safe & Green Holdings' innovative capabilities beyond their core modular construction business, potentially opening new revenue streams. Environmentally, the system's energy optimization features contribute to more sustainable oil production practices. The shareholder-accessible monitoring feature also sets a new standard for transparency in energy operations, potentially influencing how publicly-traded energy companies report operational performance to investors.
Blockchain | Details |
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Contract Address | 0xeA2912a8DA1CD48401b10cB283585874d98098F4 |
Transaction ID | 0x18d8dbe6469c8d05b2398dcd8088e890806202e556cb8b3f276acc11270b45ff |
Account | 0xdBdE7c76e403a5923F3dD4F050Dbbf5c2077BB20 |
Chain | polygon-main |
NewsRamp Digital Fingerprint | file8vg2-68766d83c978c3026d26c276c22d676e |