Events

Join SPE Young Professionals In A Special Webcast Event!

We invite you to join us and SPE Young Professionals on April 9th for a special webcast event. Our CEO and Senior Data Scientist will be speaking about “Career Strategies for Engineers in the Digital Oilfield”. Register today to join us for this limited event!
Petroleum Expertise

Key Objectives of Expert-Guided Machine Learning in Your Digital Oilfield

Artificial intelligence (AI) and machine learning (ML) promise to drastically improve the efficiency and output of today’s oilfield. Here are just some of the objectives we are striving for: AI models can monitor each well 7 days a week for 24 hours a day, automatically detecting and diagnosing any sub-optimal
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
Company News, Employee Spotlights

Employee Spotlight: Venkat Putcha, Senior Data Scientist

At OspreyData, we value our amazing team and appreciate the uniqueness of each individual, as it makes us a complete team! Here, we will introduce one of our great team members! Your Name: Venkat Putcha Your Role at OspreyData: Senior Data Scientist & Petroleum Engineer Brief description of your training, education,
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
Quick Time to Value

ROI Case Study: Gas Lift Hole in Tubing

A hole in tubing for a gas lift operation is pretty difficult to detect before it happens; therefore, today’s case study is particularly interesting.  Note, in a previous blog on early event detection, we mentioned that our solution can examine calculated sensors. In the demonstration table above, we have readings
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
Expert-Guided Machine Learning, Webcasts

Is It Really 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
Quick Time to Value

Benefits of Automating Gas Lift Optimization

Automating gas lift optimization has many benefits.  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 development followed by parametric analysis to decide a gas