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
High Quality Source Data Needs More Than Sensors
When we consider the good source data required to power machine learning, we must consider the full life-cycle of the well. Most use-cases that OspreyData is building have moved beyond utilizing just a set of time-series sensor values. Well designs and
Accurate Data Quality Leads to Early Detection
When addressing wells, or cohorts of wells, eventually the question comes to mind. Why does the quality of the data matter? For production, if an organization is consistently using allocated production, actual production may vary by roughly 10%. At OspreyData,
How AI Impacts Oil & Gas Organizations
The impact of Artificial Intelligence on an organization is an important topic when considering machine learning. In a previous blog entitled, What Artificial Intelligence in Oil and Gas Brings to Production, we discussed a summary of key solutions that AI
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
What Can AI Bring To 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