Expert-Guided Machine Learning, Webcasts

Man vs. Machine? Expert-Guided Machine Learning & Your Digital Oilfield

  Man vs. Machine, is this true?  Do you find your engineers & operators give the most attention to the same fraction of wells each week, though they manage tens or hundreds more? Are you taking steps to integrate Advanced Analytics into your operations but wondering how to maximize the
Data Science

Getting To Know AI and ML Models

In Artificial Intelligence(AI) and Machine Learning (ML), a model replicates a decision process to enable automation and understanding. AI/ML models are mathematical algorithms that are “trained” using data and human expert input to replicate a decision an expert would make when provided that same information. Ideally, the model should also
Production Optimization, Quick Time to Value

Case Study: Optimization Across a High Volume of Wells

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
Quick Time to Value

Benefits of Automating Gas Lift Optimization for Oil & Gas

The objective of gas lift optimization is maximizing the current output from a well by addressing the relationship between oil production rate and gas injection rate. The key parameter describing this relationship is the marginal increment in oil production rate per unit change in the gas lift injection rate. Automating
Data Science, Production Analytics, Unified Monitoring

Digital Twins: Ideas On Increased Diagnostics In Oil Fields & Platforms

In the recent April 2020 Journal of Petroleum Technology article, Upstream Digitalization is Proving Itself in the Real World, the author wrote about “Using the Cloud To Turn Big Data Into Smart Data” and how Digital Twins are being used to increase evaluations and diagnostics within oil fields and platforms.
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
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
ospreydata blog artificial intelligence machine learning 101
Data Science, Expert-Guided Machine Learning

Artificial Intelligence and Machine Learning: 101

There are many terms and definitions thrown around in the AI and ML space that it can be confusing even to trained data scientists. We have used many of these terms around our website. It may be helpful to define these terms to ensure we’re clear on all of the