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
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

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
Petroleum Expertise

Balancing the Objectives Gas Lift Optimization

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. Under-injection
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
Production Optimization

How Can AI Help You Become A Proactive Organization

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
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
Production Analytics

Mathematical Allocation vs Physics-Based Allocation

Mathematical Allocation verses Physics-Based Allocation?  Today we are going to discuss estimating production accurately and levering your data.  Estimating production rates may seem likely a trivial thing, but we have learned that many operators have put their wells on test separators only once in 15 days, or in some cases
Webcasts

Increase Gas Lift Production with Artificial Intelligence

We invite you to watch our Webcast Replay, entitled “Increase Gas Lift Production with Artificial Intelligence,” as Dr. Venkat Putcha, Senior Data Scientist at OspreyData chats with Richard Wuest of OspreyData’s executive team about the state of Gas Lift Optimization and exciting opportunities emerging as Machine Learning solutions are introduced