Case Study: Physics-based Simulation Shows Optimization Across 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
A Collaboration Platform Leads to Success
A major challenge has been to foster cooperation between two groups with such different skills and backgrounds, O&G operation and data science. Failure of many projects is due to failure of collaboration of these groups to understand one another to
AI Can Transform Your Organization – Reactive to Proactive!
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
Using Expert-Guided Machine Learning to Label Events
Regarding labeling in our solution, how can we get accurate labels to effectively train supervised models? EGML assumes event labels are often missing or incorrect. It recognizes that labels are easier to create using a platform that gives experts all
Challenges to Consider When Creating AI/ML Models
In Artificial Intelligence(AI) and Machine Learning (ML), a model replicates a decision process to enable automation and understanding. AI/ML models are mathematical algorithms that are “trained” using data and human expert input to replicate a decision an expert would make