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.

OspreyData hires Oil and Gas veterans, VP of Sales Richard Wuest and Data Scientist Alex Lamb

OspreyData hires Oil and Gas veterans, VP of Sales Richard Wuest and Data Scientist Alex Lamb

OspreyData, leader in AI-Based Production Optimization solutions for Oil & Gas, announced today that Richard Wuest has joined as VP of Sales and Alex Lamb has joined as Data Scientist.

HOUSTON, July 10, 2019 — OspreyData, leader in AI-Based Production Optimization solutions for Oil & Gas, announced today that Richard Wuest has joined as VP of Sales and Alex Lamb has joined as Data Scientist.

Wuest is a senior sales executive who brings 30 years of experience selling technology and enterprise software solutions. Wuest will lead the sales team for the OspreyData AI software solutions in Energy. Previously, he led SAP teams in Business Intelligence and Oil and Gas, and in Business Applications at Oracle, and other technology firms. Richard helps executives, IT, engineering and field organizations document the ROI of automating processes and make successful digital transformations in Oil and Gas.

Richard attended Texas Tech University and graduated with a degree in Finance. Richard will spend a great deal of time in the field, helping clients streamline production processes, and introducing OspreyData to the market.

“OspreyData is pleased to have Richard lead our sales initiatives, focused on production optimization and leveraging our artificial intelligence enabled platform, used by Oil and Gas producers to lower lease operating expenses and enhance oil production,” stated Ed Cowsar, CEO.  “His leadership and success help us add OspreyData clients who need continued oil and gas production growth while lowering costs.”

OspreyData also announces that Alex Lamb has joined as a Data Scientist. Lamb brings a wealth of knowledge and experience to our team. He was President of the Texas Geophysical Society at University of Texas at Austin, where he obtained a Master of Science in Geophysics from the Jackson School of Geoscience, and he also has a Bachelor of Science in Physics and Information & Computer Science from University of California Irvine. He has deep experience as a geophysicist at independent oil and gas companies including Devon Energy in Oklahoma City, working on rock physics modeling, seismic inversion, AI predictive models and reservoir characterization integrating multiphysics datasets with engineering to optimize well placement, completions parameters, and reservoir production. Lamb spoke at recent industry conferences including the URTeC Conference in Denver and at American Association of Petroleum Geologists on “Depositional Interpretation and Sequence Stratigraphic Control on Reservoir Quality and Distribution in the Meramec STACK Play: Anadarko Basin, Oklahoma.” At Osprey he will be applying machine learning techniques to production optimization and artificial lift problems for oil and gas clients.

Ed Cowsar stated, “We are honored that Alex, a very experienced Data Scientist and proven Oil and Gas Geophysicist, has joined our growing software company. OspreyData increased 2019 investments in oil & gas experience, AI technology, and platform capabilities.”

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 Thursday July 18th, 2019 at 9:00 AM Central. You can register now for OspreyData’s upcoming webcast, featuring Richard Wuest and Venkat Putcha, PhD, PE, “The Top 3 Reasons It’s Time to Automate Gas Lift Optimization”; 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.

OspreyData’s CEO Ed Cowsar Speaking at North American Petroleum Accounting Conference (NAPAC) in Dallas, Texas

OspreyData’s CEO Ed Cowsar Speaking at North American Petroleum Accounting Conference (NAPAC) in Dallas, Texas


HOUSTON, May 14, 2019 — OspreyData, leader in AI-based Production Optimization solutions for Oil & Gas, announces that Ed Cowsar, OspreyData’s Chief Executive Officer, is speaking at the upcoming North American Petroleum Accounting Conference (NAPAC) conference on May 16th. NAPAC is taking place on May 16-17th in Dallas, Texas. Cowsar will be speaking on “Optimizing Lease Operating Expense and Production with an AI Predictive Maintenance Platform Integrated to Operations and Accounting.”

Cowsar brings a wealth of knowledge to this topic. Participants at the conference will leave the session with real world advice on how to implement AI Predictive Maintenance and how to optimize return on investment (ROI) in daily operations.

Cowsar said, “It is an honor to be invited to speak at NAPAC, which is the quality Education Provider to Oil and Gas professionals. OspreyData’s AI enabled Production Optimization Platform leverages the industry’s urgency to operate at lower costs and commitment to holistic digital oil field operations. Producers seeking benefits from their SCADA and operational data investment are now able to transform to integrated production operations with clear financial benefits.  Join us to discuss how we lower LOE in shale plays including the Oklahoma SCOOP and Permian Basin.”

Jim Hoffman, Director of The Professional Development Institute at the University of North Texas, said, “I’ve known Ed for 20 years, and he is well qualified to educate Oil and Gas Industry Professionals on the advantages of Artificial Intelligence to E&P companies.  Producers interested in the ROI of smart field operations are welcome to join us to hear Ed Cowsar’s talk, as well as other industry leaders speak from Matador Resources, Deloitte, PwC, Energy Transfer Partners, and UTEP at the annual NAPAC event.”

OspreyData recently welcomed Ed Cowsar as Chief Executive Officer with a unanimous vote of the Board of Directors.  Ed succeeds former CEO John Burke, who has transitioned into a director role at the company.

Cowsar is uniquely suited to lead OspreyData in its current stage of growth, having over 30 years of expertise in Software and Energy. Cowsar grew up in Oil & Gas in production and drilling in the oil fields of Texas and on Amoco and Mobil Oil offshore platforms.  He progressed to delivering robotics solutions for GE’s Ruska Instrument and helping launch Enterprise Software and Business Intelligence platforms for Kronos and SAP. He ran high growth business units at Oracle and was instrumental in taking Infinium Software public with a successful Wall Street IPO.  Cowsar recently helped start the Oil & Gas produced water recycling firm Energy Water Solutions, which lowers production costs in the Eagle Ford Shale, Permian Basin, Fayetteville Shale and Marcellus Shale. He is an active speaker on Change Management, Technology Innovations and is an active volunteer in prison ministries.  Cowsar has a BS in Industrial Distribution from Texas A&M University’s College of Engineering.

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.

Register at https://bit.ly/2GUZMWe to learn how OspreyData can lower your Lease Operating Costs now, and hear upcoming webcasts and read white papers on how to use OspreyData’s AI enabled Production Optimization Platform in Oil and Gas Operations.

For more visit www.ospreydata.com or call 844-OSPREY-NOW.