CONROE, Texas, Oct. 16, 2025 (GLOBE NEWSWIRE) -- via IBN -- Safe & Green Holdings Corp. (NASDAQ:SGBX), and its wholly owned subsidiary, Olenox Corp, a vertically integrated energy company,  today announce the completion of Phase 1 of its intelligent wellsite monitoring system, leveraging the company's Machfu gateway as its core technology. The system is designed to optimize wellsite operations through real-time, bi-directional monitoring and control — reducing lifting costs, site visits, and unnecessary energy consumption.

The AI-powered system utilizes a proprietary algorithm to analyze water-cut percentages and dynamically adjust pumpjack operations. By modulating pump speeds—or temporarily shutting down equipment to allow the reservoir to rebalance and minimize water coning—the platform aims to increase production efficiency while extending equipment life and improving sustainability.

Phase 2 of the project will involve full implementation on one of Olenox's production pads. As part of this rollout, Olenox plans to launch a read-only webpage on its corporate site, giving shareholders the opportunity to observe the system's performance in real time.

"This marks a major step forward in merging AI with traditional oilfield operations," said Michael McLaren, CEO of Olenox Corp. "Our intelligent monitoring platform will help us make smarter, faster decisions at the wellsite—reducing costs, conserving energy, and setting a new standard for efficiency across our operations."