Production Optimization

What Does Data Quality Look Like – Cohorts

When you consider an Artificial Intelligence and Digital Oilfield project, it is important to understand that all of the wells might not be candidates to participate in the building and training of the solution. We call the set of wells that will be used for building our machine learning models a
Production Optimization

Don’t Lose the AI Race: The Top Three Problems AI Can Solve

In a previous webcast, OspreyData’s lead data scientist Dr. Venkat Putcha and Vice President of Operations Tim Burke spoke about the “Top 3 Problems AI Solves in Artificial Lift Production”. (Access a webcast replay of this here.) These problems are faced by most if not all organizations producing oil and gas
Production Optimization, Quick Time to Value

Decision Case Study: Optimize 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. 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

Event Detection: What Kind of Events Can AI Detect?

When it comes to event detection, a common question we receive is, what kind of events can AI detect?  We sub-categorize these events of interest into four different types: 1) High-Risk Events, 2) Sub-Optimal States, 3) Events Needing More Lead Time, and 4) Silent Killers. We will explain these event
Production Optimization

Proactive Organization: Where AI Can Take You

For an operator, each day brings a different set of challenges as you look to improve your production and boost your profitability.  Here at OspreyData, we are firm believers that you can use data in order to more efficiently tackle your daily workloads.  That data helps you transform from being
Single Tool, Unified Monitoring

Production UNIFIED MONITORING: The Building Blocks

The building blocks of unified monitoring work together to create a unified model that benefits any team working with artificial lift in oil and gas. At OspreyData, we think that an effective monitoring solution must have robust abilities, such as the following: Visualize, annotate and track complex time series sensors
Unified Monitoring

Production UNIFIED MONITORING: What It Is & Key Objectives

What It Is Most producers today have a number of data silos. Each silo may be collecting different data based on lift type, like ESP versus Rod Pump, or device type, like oil tank versus test separator or flow meter. The dots between the data are never connected. This leaves
Production Optimization

How Our OspreyData Science Works

Our OspreyData science and methodological approach is simple: Our expertise meets your expertise to empower your wells.  Whether is it ESP, Rod Pump, Gas Lift, Plunger Lift, or Downhole Analysis, our approach is to help you optimize production.  Below, we will discuss our our OspreyData science works:  1. We monitor
Predictive Analysis, Production Optimization

The Impact of Artificial Intelligence on an Organization

The impact of Artificial Intelligence on an organization is an important topic when considering machine learning.  In a previous blog entitled, What Artificial Intelligence in Oil and Gas Brings to Production, we discussed a summary of key solutions that AI can target for problems facing most oil and gas organizations