Unified Monitoring

Oil & Gas and The Digital Oilfield: Revising The Steps In Digital Transformation

Suggesting a slight twist on this process, OspreyData believes that improving data processes accelerates the path to achieving results and providing institutional value. Applying the prior recommendations of being consistent, specific and incremental provides continuous improvements to the production teams. In addition to those steps, Unified Monitoring provides a technology
Unified Monitoring

Oil & Gas and The Digital Oilfield: Suggestions For Success

Making the transformation to being a digital oilfield is a critical enabler for producers in Oil & Gas. Companies feel the urgency to increase the pace of technology adoption that reduces the need for manpower, increases safety, improves economics and overall boosts profits. In all cases, increasing employee efficiency and
Unified Monitoring

Oil & Gas and The Digital Oilfield: Transformational Challenges

OspreyData has had a front row seat to observe how organizations are approaching and progressing in their digital transformation. Let’s review what OspreyData has learned from our vantage point and participation in this transformation. DATA QUALITY Data Quality is consistently listed by producers as their top challenge. Driving data-driven decisions
Unified Monitoring

Oil & Gas and The Digital Oilfield: An Industry In Transition

There are a number of simultaneous factors that are reshaping the industry today and driving the need to achieve digitization for Oil & Gas operators. Let’s take a look at these factors: Sustained Lower Commodity Prices: The continual shift in oil prices resulting in ‘lower-for-longer’ rates is forcing producers to
Data Science, Expert-Guided Machine Learning

Expert-Guided Machine Learning Gives Operators Value & Control

Once validated models are created and they match what operators want, the final step is to deploy the models on live data. This is when we actually deliver value in real-time to help operators address problems and make changes quickly. All too often, model training and deployment are two very
Unified Monitoring

Oil & Gas and The Digital Oilfield: An Introduction

This is a quick introduction to our most recent white paper, discussing Oil & Gas and the Digital Oilfield, and OspreyData’s Production Unified Monitoring Solutions. We’ll post more in the coming days, but if you’d like to jump ahead, visit the link at the bottom of this article to request
Data Science

Collaboration is Key with Expert-Guided Machine Learning in Your Digital Oilfield

One of the most difficult challenges of digital oilfield projects is requiring people who would not choose to work together, to collaborate for success. Operators and Data Scientists tend to be very different people, and these types of projects push them to work together, typically under fire from management to
Single Tool

Challenges That Occur With Expert-Guided Machine Learning In Your Digital Oilfield

One of the most frequently quoted problems in the media is the shortage of data science and AI capabilities in terms of trained people and practical know-how. But this is changing with more emphasis on data science and analytics education. The next challenge is finding solvable problems that can actually
Petroleum Expertise

Key Objectives of Expert-Guided Machine Learning in Your Digital Oilfield

Artificial intelligence (AI) and machine learning (ML) promise to drastically improve the efficiency and output of today’s oilfield. Here are just some of the objectives we are striving for: AI models can monitor each well 7 days a week for 24 hours a day, automatically detecting and diagnosing any sub-optimal