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
Benefits of Artificial Intelligence in Oil and Gas Production
Artificial Intelligence in Oil and Gas is becoming a very popular topic. MIT’s Sloan School of Management’s article, “Reshaping Business with Artificial Intelligence,” found that 85% of corporate executives surveyed believed that AI would help their businesses gain or sustain
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
Hear from Production Engineer Eric Clour on Using OspreyData’s Unified Monitoring
With some key objectives in mind, we have developed a set of building blocks. We believe an effective monitoring solution must have robust abilities that can do the following: - Visualize, annotate and track complex time series sensors across devices and
Launch Your Digital Oilfield with Production Unified Monitoring
OspreyData is here to help you launch your digital oilfield today! We have built a SaaS (Software as a Service) model to empower the various needs of Production, Field Operations and Analytic Teams supporting Artificial Lift in Oil and Gas. In
Evolution of the Oil Industry
Over the years, the oil and gas industry as evolved and changed in many ways. The first successful oil drill was made by George Bissell and Edwin L. Drake in 1859. Since then, the oil and gas industry has gone