Be An E&P Company That Operates By Exception
Written by Jon Snyder I was visiting an oil company a few weeks ago, and I overheard an engineer say he was looking for 50 barrels of “missing” daily production. Fifty barrels may not sound like a lot to a large
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,
What Does Data Quality Look Like – Cohorts
When you consider an Artificial Intelligence and Digital Oilfield project, it is important to understand that all of the wells might not be candidates to participate in the building and training of the solution. We call the set of wells that
Predictive Analysis Requires Quality Data Across a Well Cohort
A well cohort describes the group of wells that OspreyData uses to create a modeled solution for your oilfield. Quality source data among well cohorts are essential to predictive analysis. In an artificial intelligence project, it is important to understand
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,