The Digital Oilfield and the Production Intelligence Solution
We believe there are additional solutions that an operator can leverage to achieve exceptional operational efficiency, maximize production, and ultimately significantly reduce Lease Operating Expenses. OspreyData’s Production Intelligence Solutions offer everything required to manage by exception and to reap all
Timelines of Failure Detection with AI (Early Detection) vs. Traditional Models
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
Case Study: Early Event Detection of Tubing Failure
Yesterday, we looked at why data quality is important. It leads to early detection, which we will explore here with an ROI Case Study. Tubing Failure Early Event Detection of a tubing failure can help you regain $3M or more in your
Parametric Analysis in Automation and Optimization
Continuous and timely lift optimization on a well is dependent on the knowledge of the operational conditions of a well and its associated reservoir. When looking to maximize the economic benefit from a well at a given point in time,
Top 3 Advantages In Using Expert-Guided Machine Learning
1. LABEL EVENTS QUICKLY Our artificial lift SMEs begin by marking events and conditions on your historical data for a small group of wells. Our models then generate labels that feed the machine learning process. We then expand this process to
How Does AI Help Oil and Gas Production
Artificial Intelligence in Oil and Gas has become a very popular topic. MIT’s Sloan School of Management’s article, “Reshaping Business with Artificial Intelligence,” recently found that that 85% of corporate executives surveyed believe that AI will help their businesses gain