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
Production Analytics

3 Advantages To Expert-Guided Machine Learning

1. LABEL EVENTS QUICKLY Our artificial lift SMEs begin by marking events and conditions on your historical data for a small group of wells. Our models then generate labels that feed the machine learning process. We then expand this process to run on additional groups of wells until all data
Production Optimization, Quick Time to Value

Case Study: Optimization Across 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. 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
Predictive Analysis

Successful Collaboration Leads to Success with EGML

A major challenge has been to foster cooperation between two groups with such different skills and backgrounds, O&G operation and data science. Failure of many projects is due to failure of collaboration of these groups to understand one another to achieve shared objectives. Data science often thinks models can be
Expert-Guided Machine Learning

EGML Quickly, Accurately, and Intuitively Labels Events

Regarding labeling in our solution, how can we get accurate labels to effectively train supervised models? EGML assumes event labels are often missing or incorrect. It recognizes that labels are easier to create using a platform that gives experts all the information
 they need to review and capturing everything they
Expert-Guided Machine Learning

Empowering Operators with Expert-Guided Machine Learning

With Expert-Guided Machine Learning (EGML), even if models are deployed, they can still fail due to inadequate adoption and ineffective change management. If operators fail to take action, nothing happens. EGML helps operators build confidence in AI/ML models by involving them in all stages from training to production to ongoing
Production Analytics

How Does Our Expert-Guided Machine Learning Work?

Our Expert-Guided Machine Learning approach leverages experts’ knowledge to power advanced analytics on the oilfield. Experts mark problems and solutions across well history and we use this labeled data to train models to detect and solve the same problems. Expert-Guided Machine Learning helps you label data across hundreds of wells
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