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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 Employ Machine Learning and Artificial Intelligence to Prevent Oil and Gas Well Failures

Rise of the Machines: How to Employ Machine Learning and Artificial Intelligence to Prevent Oil and Gas Well Failures
10/03/2016
Machine learning can be used to monitor wells around the clock and alert engineers to a possible sign of failure This is the last 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 help...

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...

Production Capability Maturity Model: How to Make the Jump From Managed to Optimized Upstream Oil and Gas Operations

Production Capability Maturity Model: How to Make the Jump From Managed to Optimized Upstream Oil and Gas Operations
06/07/2016
Work and task management processes can help E&P companies minimize health and safety risk, reduce deferments, and stretch their resources further This is the fourth in a five-part series about the Production Capability Maturity Model for upstream oil and gas companies. This blog covers the components of the...

Why All the Buzz About Analytics and Big Data in Upstream Oil and Gas?

Why All the Buzz About Analytics and Big Data in Upstream Oil and Gas?
05/10/2016
Analytics can help us all make better decisions, but only if we understand what we’re getting, what it means, and the assumptions and data going into the system Big data and analytics are probably the most popular buzz words in technology right now. The reality is, big data...

Production Capability Maturity Model: How to Advance From Proactive to Managed Upstream Oil and Gas Operations

Production Capability Maturity Model: How to Advance From Proactive to Managed Upstream Oil and Gas Operations
03/11/2016
Correct production problems quickly, or prevent them altogether, and identify key opportunities via operational transparency and insights – that’s the operational intelligence way This is the third in a five-part series about the Production Capability Maturity Model for upstream oil and gas companies. This blog covers the evolution...

Production Capability Maturity Model: How to Make the Transition From Reactive to Proactive Upstream Oil and Gas Operations

Production Capability Maturity Model: How to Make the Transition From Reactive to Proactive Upstream Oil and Gas Operations
02/24/2016
When companies begin to see data as an operational differentiator, they’re ready to advance to the Proactive level This is the second in a five-part series about the Production Capability Maturity Model for upstream oil and gas companies. This blog covers the Reactive-to-Proactive transition and why upstream organizations...

Why Every Upstream Oil and Gas Company Is Focused on Production Right Now and Why Yours Should Be, Too

Why Every Upstream Oil and Gas Company Is Focused on Production Right Now and Why Yours Should Be, Too
02/09/2016
Reducing unplanned deferments by just 20-25% translates to a significant revenue uptick A new era – The Era of Operational Intelligence, we’ll call it – has arrived in Upstream Oil and Gas Land. And it looks like it’s here to stay for a while. Everyone – board members...

An Oil and Gas Engineer’s Guide to Managing More Wells and Making Every Decision Count

An O&G Engineer’s Guide to Managing More Wells and Making Every Decision Count
06/19/2015
Connected data and surveillance by exception also help companies reduce Opex, increase production, and reduce risk The statistics are sobering … Lease operating expenses for upstream oil and gas organizations climbed by an average of 10 percent per year between 2004 and 2013 (Ernst & Young). Wells in...

Are You Doing These Things to Reduce Unplanned Oil and Gas Downtime?

Are You Doing These Things to Reduce Unplanned Oil & Gas Downtime?
04/14/2015
For upstream operators, minimizing downtime events and increasing free cash flow go hand in hand What everyone in today’s challenging upstream oil and gas environment wants to know is this: How can we increase our revenues and free cash flow? One key way is to increase production from...