AINewsBreaks – Safe & Green Holdings Corp. (NASDAQ: SGBX) Subsidiary Olenox Completes Phase 1 of AI Wellsite Monitoring System
Safe & Green Holdings (NASDAQ: SGBX), through its wholly owned subsidiary Olenox Corp., announced the completion of Phase 1 of its intelligent wellsite monitoring system, powered by the company’s Machfu gateway. The AI-driven platform enables real-time, bi-directional monitoring and control to reduce lifting costs, site visits, and energy use while optimizing production. Using a proprietary algorithm, the system adjusts pumpjack operations based on water-cut levels to improve efficiency and extend equipment life. Phase 2 will see full deployment at an Olenox production pad, with shareholders able to monitor real-time results via a read-only webpage. To view the full press release,…