Quick Time to Value

Advantages of Automating Gas Lift Optimization

There are many advantages to automating gas lift optimization, but we’ll discuss just a few here. When considering machine learning approaches, there are too many wells and too few engineers to constantly monitor, analyze, update and evaluate the gas injection rate to establish optimal lift performance. A typical simulation model
Webcasts

AI Solves Problems for Artificial Lift Production

This webcast replay discusses the emerging AI revolution in Oil & Gas. Our Data Scientist Venkat Putcha (PhD, Penn State) and VP of Client Services Tim Burke will be demonstrating OspreyData’s latest innovations in Production Optimization and the potential ROI of implementing these AI-based solutions across fields and plays. Request
Company News, Production Analytics

Actionable Insights with Advanced Analytics

With our Production Analytics solution, you can: MONITOR ALL WELLS 24/7 Give your engineers the ability to actively monitor hundreds of wells rather than the same 25-50 wells each day. The automated monitoring of Production Analytics actively evaluates all wells & surfaces evolving problems directly to operators. ADDRESS PROBLEMS EARLY
Quick Time to Value, Unified Monitoring

What Are The Benefits of Unified Monitoring?

The benefits of Unified Monitoring start with centralized surveillance. The platform scales across wells, fields, and teams – allowing operators to share data across their entire enterprise. With a common view of information using a single tool, training is accelerated. In addition to it’s lift specific visualizations and analytic solutions,
Production Optimization

Increase Operational Efficiency with OspreyData

This week we’re sharing some slides that our Customer Engagement Manager, Jon Snyder, presented at a recent Professional Petroleum Data Management (PPDM) Association virtual luncheon. The slides and associated illustrations highlight the incremental and iterative process of how engineers, supervisors and operators collaborate to leverage data into actionable insights, execute
Quick Time to Value, Unified Monitoring

Hear from Production Engineer Eric Clour on Using OspreyData’s Unified Monitoring

With some key objectives in mind, we have developed a set of building blocks. We believe an effective monitoring solution must have robust abilities that can do the following: – Visualize, annotate and track complex time series sensors across devices and lift types – Construct and configure meaningful, actionable dashboards
Quick Time to Value

A Look at OspreyData Failure Detection Timelines

Failure detection timelines really help us drive home the point of how OspreyData’s Production Intelligence solutions can maximize your production even in the face of inevitable failures. In the graphic above, we demonstrate the difference between the traditional failure model verses our early detection model. Below, we explain the difference
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
Quick Time to Value

6 Steps to Automate Your Oil Field

Six steps to automate your oil field is our discussion today.  In yesterday’s blog, we discussed the tedious past and current methods for trying to optimize gas lift production.  We found that it was a laborious process that could not physically allow operators enough time to adequately monitor each well