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
Predictive Analysis

Predictive Analysis Requires Quality Data Across a Well Cohort

A well cohort describes the group of wells that OspreyData uses to create a modeled solution for your oilfield.  Quality source data among well cohorts are essential to predictive analysis.  In an artificial intelligence project, it is important to understand that all wells might not be candidates to participate in
Petroleum Expertise

Transient Nature of Well Properties

The transient nature of well properties contributes greatly to uncertainty and makes optimization an ongoing challenge for the production engineering team. The figure above provides 
a snapshot of a few key operating parameters 
of a well on an unconventional formation, over
na two-month range. During this period, the oil production rate