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 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
In AI/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 when provided that same information.
Man vs. Machine, is this true? Do you find your engineers & operators give the most attention to the same fraction of wells each week, though they manage tens or hundreds more? Are you taking steps to integrate Advanced Analytics
With Expert-Guided Machine Learning (EGML), even if models are deployed, they can still fail due to inadequate adoption and ineffective change management. If operators fail to take action, nothing happens. EGML helps operators build confidence in AI/ML models by involving
HOW OUR MACHINE LEARNING WORKS Our Expert-Guided Machine Learning approach leverages experts’ knowledge to power advanced analytics on the oilfield. Experts mark problems and solutions across well history and we use this labeled data to train models to detect and solve