Managing The 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,
Balancing the Objectives Gas Lift Optimization
The objective of gas lift optimization is to maximize 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
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
Faster Solutions for the Challenges of Operators & Engineers
We asked a Production Engineer what "a day in the life" is like, and what are common challenges that are faced as an operator or engineer. This P.E. was responsible for 300 to 400 wells, predominantly rod pumps at one
4 Starting Points For Success In A Digital Transformation
Moving to a digital oilfield is a critical enabler for producers in oil and gas. A critical focus is now on reducing operating costs, increasing employee productivity, and improving the ability to make informed and timely data-based decisions. For most
Why Unified Monitoring is Mission Critical to Running a Digital Oilfield
In this WebCast Replay, Jon Snyder, 10+ year Petroleum Analytics Engineer (formerly of eLynx, Venoco, and Encana) chats with OspreyData CTO Ron Frohock about how Unified Monitoring can bring immediate benefits to E&P operators. Jon and Ron walk through the ways