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Access All of OspreyData’s Live Webcasts!

Access All of OspreyData’s Live Webcasts!

We’ve archived all of our past webcasts in one locations so you can easily access each one!

On Thursday, March 14, 2019, the first OspreyData webinar was broadcast. It’s the first in a series discussing the emerging AI revolution in Oil & Gas. Our Data Scientist Venkat Putcha (PhD, Penn State) and VP of Client Services Tim Burke demonstrated OspreyData’s latest innovations in Production Optimization and the potential ROI of implementing these AI-based solutions across fields and plays.


On Thursday, May 2, 2019, key members of the OspreyData Executive Team discussed one of the most crucial issues being faced in the Oil & Gas AI revolution: developing a robust data quality strategy.

OspreyData CTO Ron Frohock (20+ years Technology Executive) and VP of Production Optimization & Services Ken Collins (20+ years Production Engineering & Management Executive) demonstrated how operators of any size can leverage data to deploy new methods for Artificial Lift monitoring and achieve a sizable ROI.


Dr. Venkat Putcha, Senior Data Scientist at OspreyData chats with Richard Wuest of OspreyData’s executive team about the state of Gas Lift Optimization and exciting opportunities emerging as Machine Learning solutions are introduced into optimization practices.

Dr. Putcha walks through the top use cases for automated Gas Lift Optimization with AI, discuss methods and implementation and illustrate the numerous benefits these innovative practices will deliver to producers.


Join us Thursday November 14 as Jon Snyder, 10+ year Petroleum Analytics Engineer (formerly of eLynx, Venoco, and Encana) chats with OspreyData CTO Ron Frohock about how Unified Monitoring can bring immediate benefits to E&P operators.

Jon and Ron will walk through the ways Unified Monitoring helps Production teams save time daily and reduce time to resolution for operational issues. They will also discuss steps to implementation and illustrate the numerous benefits monitoring alone can deliver to producers.

White Paper: Data Quality Fuels the Artificial Intelligence Race

White Paper: Data Quality Fuels the Artificial Intelligence Race

Authors:
Ron Frohock, Kenneth Collins

Abstract:
This paper reviews different forms and sources of data, dimensions for evaluating the quality of data, and examples of how data quality impacts the success of an Artificial Intelligence project. The emphasis and examples we utilize are focused on how this impacts an organization’s efforts in deploying Artificial Lift production and optimization solutions.

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Copyright © 2019 OspreyData Inc. All rights reserved. 


OspreyData Launches Unified Monitor product, Jetta Operating VP confirms the path is incremental adoption of Digital Oilfield

OspreyData Launches Unified Monitor product, Jetta Operating VP confirms the path is incremental adoption of Digital Oilfield

HOUSTON, Nov. 12, 2019 /PRNewswire/ — OspreyData, leader in AI-Based Production Optimization solutions for Oil & Gas, announced today that they are launching the Unified Monitor solution, a component of their Production Optimization Platform, as a stand-alone offering to enable consolidated views of SCADA and Artificial Lift feeds in producing oil and gas wells.

The Unified Monitor solution enables an oil company to shorten the time to value when transitioning to a Digital Oilfield by enabling centralized collection and surveillance from a combined view of all production regardless of SCADA source, lift type or pump manufacturer. Standardizing this view with integrated analytics provides immediate benefits to the Production and Operations team at an E&P company. With shorter time to implement the power of full Machine Learning, and faster time to value, this discrete solution stands alone or can be fully integrated to OspreyData’s Advanced Analytics providing a complete AI platform for Production Optimization.

Zachary Nix, VP of Drilling and Operations at Jetta Operating, a producer with oil and gas wells in the Permian Basin that leverages OspreyData’s Production Optimization solution, said, “Unified Monitor from OspreyData helps us stay informed and in tune with a single operational view of wells across multiple Artificial Lift types, and consolidating multiple SCADA feeds, making it easier to run an agile Production Operation and lower production costs now.”

Ken Collins, VP of Production Optimization at OspreyData said, “Jetta Operating is a forward thinking oil and gas company and has shown leadership in enabling change incrementally as they implement the Digital Oilfield across their operations. This model of incremental adoption of an integrated Production Optimization platform scales for small operators, large independents, and the Majors as well. Jetta will lower Lease Operating Expense ahead of their peers as a result.”

Global oil producers and independent oil companies alike are seeing more value in the OspreyData AI enabled Production Optimization Platform. New clients are using OspreyData’s cloud-based software across the Permian Basin and other shale plays to scale growth, lower Lease Operating Expense, and increase production. OspreyData’s incremental software implementation offers immediate value. And as oil and gas prices fluctuate, we help agile E&P companies win in this merger and acquisition market on Wall Street, and in their savvy acquisition and divestiture of leases in the oil fields.

OspreyData is hosting another Oil and Gas Production Optimization Series webcast on November 14th, 2019 at 9:00 AMCentral. Jon Snyder along with Ron Frohock, CTO of OspreyData are speaking on “Why Unified Monitoring is Mission Critical to Running a Digital Oilfield.” 

Register here now for this informative session.

OspreyData is the first software platform to bring expert-augmented Machine Learning to the E&P space. Their predictive models identify problem states in Artificial Lift and Production that lead to downtime and sub-optimal oil and gas production, allowing operators to take early action to prevent failure and increase production and safety. OspreyData is based in Orange County, CA and Houston, TX.

For more info visit www.ospreydata.com or contact Tim Burke, VP of Operations, to schedule a full press briefing at (844) OSPREY-NOW.

Upcoming Live Webcast on November 14: Why Unified Monitoring is Mission Critical to Running a Digital Oilfield

Upcoming Live Webcast on November 14: Why Unified Monitoring is Mission Critical to Running a Digital Oilfield

Join us Thursday November 14 as Jon Snyder, 10+ year Petroleum Analytics Engineer (formerly of eLynx, Venoco, and Encana) chats with OspreyData CTO Ron Frohock about how Unified Monitoring can bring immediate benefits to E&P operators.

Jon and Ron will walk through the ways Unified Monitoring helps Production teams save time daily and reduce time to resolution for operational issues. They will also discuss steps to implementation and illustrate the numerous benefits monitoring alone can deliver to producers.

TOPICS COVERED

  • How Unified Monitoring helps lower LOE
  • Reducing your daily effort using Centralized Surveillance
  • How Unified Monitoring helps build your Data Backbone
  • How a central data store benefits your organization
  • Making the transition from Monitoring to Optimization
  • How Unified Monitoring is an entry point to Advanced Analytics

OspreyData Volunteer Event with Second Harvest Food Bank of Orange County

OspreyData Volunteer Event with Second Harvest Food Bank of Orange County

SAN JUAN CAPISTRANO, October 16, 2019 — On October 1, 2019, OspreyData held a Service Day where employees took part in a great volunteer opportunity to help a wonderful organization that is working to feed those who need help in our local Southern California communities.

Second Harvest Food Bank of Orange County is located in Irvine, California and our team enjoyed visiting and being hard at work to help with the processing and sorting of groceries, produce, and more! With the help of supporters and volunteers, Second Harvest works through a network of more than 300 non-profit partner agencies and programs to provide wholesome food and fresh produce to more than 250,000 hungry children, seniors and families in Orange County every month. They provide meals for kids, groceries for seniors, and fresh food to families and individuals in need. 

We sorted through a large amount of produce which came from local farms and sorted a huge amount of groceries donated from local grocery stores. Food is dispersed to the community in a timely manner, and Second Harvest strives to fight hunger in Orange County.

OspreyData thoroughly enjoyed the time to volunteer and give back to our local community in such a great and impactful way. We enjoyed a day of fun with each other, but also knowing that our busy hands were working hard to help others in need. 

If you would like to donate to this organization, please visit their website (https://www.feedoc.org/donate-now/). Every $1 donated helps Second Harvest provide the equivalent of three meals for hungry children, seniors and families. Second Harvest Food Bank of Orange County, Inc. is a 501 (c)(3) private nonprofit organization.

White Paper: A Machine Learning Approach to Automate Gas Lift Optimization

White Paper: A Machine Learning Approach to Automate Gas Lift Optimization

Authors:
Venkat Putcha, PhD, Nhan C. Le and Mike Pennell

Abstract:
This paper presents a methodology for providing automated set-point recommendations to optimize gas lift well operation, by establishing a live synergy between physics-based simulation and real-time field data through the employment of machine learning models. The machine learning models serve two distinct purposes in this approach: 1. Accelerate simulation learning to enable real-time solutions 2. Probabilistic estimation of likely downhole and reservoir operating conditions of a well, with live updating of the probability based on the response to set-point changes, thus improving accuracy with each transition. 

Enter your information below to receive an
email link with access to this White Paper!


By submitting this form, you are consenting to receive marketing emails from: OspreyData Inc, 32234 Paseo Adelanto, Suite A, San Juan Capistrano, CA, 92675, https://www.ospreydata.com. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Copyright © 2019 OspreyData Inc. All rights reserved.