The impact of Artificial Intelligence on an organization is an important topic when considering machine learning. In a previous blog entitled, What Artificial Intelligence in Oil and Gas Brings to Production, we discussed a summary of key solutions that AI can target for problems facing most oil and gas organizations
For an operator, each day brings a different set of challenges as you look to improve your production and boost your profitability. Here at OspreyData, we are firm believers that you can use data in order to more efficiently tackle your daily workloads. That data helps you transform from being
Learning how to optimize across a high volume of wells is one of the key features of our Production Intelligence Solutions. Not too long ago we had the WTI oil prices below $40/barrel. At this time, producing more oil was not economically viable, so reducing the production costs through optimization
Our science and methodological approach is simple: Our expertise meets your expertise to empower your wells. Whether is it ESP, Rod Pump, Gas Lift, Plunger Lift, or Downhole Analysis, our approach is to help you optimize production. Below, we will discuss our our OspreyData science works: 1. We monitor and
Learning how to optimize across a high volume of wells is one of the key features of our Production Intelligence Solutions. In times of lower oil prices, reducing the production costs through optimization become more important. When we have a large volume of wells what do we do? Solution: We
For an operator, each day brings a different set of challenges as you look to improve your production and boost your profitability. Here at OspreyData, we are firm believers that you can use data in order to more efficiently tackle your daily workloads. That data helps you transform from being
This week we’re sharing some slides that our Customer Engagement Manager, Jon Snyder, presented at a recent Professional Petroleum Data Management (PPDM) Association virtual luncheon. The slides and associated illustrations highlight the incremental and iterative process of how engineers, supervisors and operators collaborate to leverage data into actionable insights, execute
OspreyData offers solutions that allow operators to tackle problems sooner and more efficiently. Solutions that minimize downtime, maximize recovery and increase the rate of return on your assets. These solutions work for a well, a field, or across an entire play. Often the process to build a Digital Oilfield is
When you consider an Artificial Intelligence and Digital Oilfield project, it is important to understand that all of the wells might not be candidates to participate in the building and training of the solution. We call the set of wells that will be used for building our machine learning models a
