SGBX Subsidiary Olenox to Implement AI Algorithm to Streamline Wellsite Production and Operator Input

Core Insights - Safe & Green Holdings Corp. and its subsidiary Olenox Corp. have completed Phase 1 of an intelligent wellsite monitoring system aimed at optimizing operations through real-time monitoring and control [1][2] - The AI-powered system utilizes a proprietary algorithm to analyze water-cut percentages, enhancing production efficiency and sustainability [2] - Phase 2 will implement the system on one of Olenox's production pads and introduce a real-time performance dashboard for shareholders [3] Company Overview - Olenox Corp. operates as a vertically integrated energy company across three divisions: Oil and Gas, Energy Services, and Energy Technologies, focusing on optimizing underdeveloped assets in Texas, Kansas, and Oklahoma [4] - The company aims to drive efficiency and unlock value throughout the energy lifecycle, positioning itself to capture opportunities often overlooked by traditional operators [4] Technology and Innovation - The intelligent wellsite monitoring system is based on the Machfu gateway technology, which reduces lifting costs, site visits, and energy consumption [1] - Machfu's Industrial IoT Service provides longer-range connectivity and is designed to cut operating costs by 50 percent, supporting compliance with regulations and ESG goals [5]