Blog | P2 Forecast

Big Data in the Oilfield

Big Data in the Oilfield
07/03/2017
How data can be brought to bear on the everyday through predictive analytics This article was originally featured in Energy Voice . It’s not the data itself, but the ability to put it toward some useful task that matters. In the oilfield, a simple yet powerful way of...

Rise of the Machines: How to Use Machine Learning and Artificial Intelligence to Automate Data Analytics

Rise of the Machines: How to Use Machine Learning and Artificial Intelligence to Automate Data Analytics
09/30/2016
Machine learning can be used to automate more complicated data-processing tasks This is the second in a three-part series about machine learning’s applications in upstream oil and gas. This blog details how machine learning can be used to automate more robust analytics tasks like production forecasting and well-completion...

Rise of the Machines: How to Leverage Machine Learning and Artificial Intelligence to Optimize Your Oil and Gas Workflows

Rise of the Machines: How to Leverage Machine Learning and Artificial Intelligence to Optimize Your Oil and Gas Workflows
09/29/2016
Proper use of software can save countless man hours, but only if care is taken This is the first in a three-part series about machine learning's applications in upstream oil and gas. This blog details how machine learning can be used to eliminate tedious tasks, enabling teams to...

Production Capability Maturity Model: How to Keep Your Upstream Oil and Gas Operations Continually Running in an Optimized State

Production Capability Maturity Model: How to Keep Your Upstream Oil and Gas Operations Continually Running in an Optimized State
07/05/2016
Armed with probabilistic production forecasts, teams can create rules that trigger alarms and tasks when predefined events occur This is the last in a five-part series about the Production Capability Maturity Model for upstream oil and gas companies. This blog covers the how to’s of keeping your operations...

Leave Production Forecasting to the Machines

Powered by BetaZi, a physics-based predictive analytics engine, P2 Forecast generates automatic, probabilistic, unbiased oil and gas production forecasts for upstream oil and gas companies.
05/18/2016
Creating oil and gas production forecasts can be a tedious and time-consuming job, but now no one has to do it I just finished reading “Fooled by Randomness” by Nassim Nicholas Taleb. It's a bit thick but worth the slog. It explains in great detail the human tendency...