Ambyint Insights

Webinar Recap: Using IoT-Enabled Machine Learning to Autonomously Optimize Rod Pump Set Points

Posted by Ambyint on Jul 2, 2018 9:45:00 AM

As a former Marathon Oil production and reservoir engineer who has personally managed nearly 1,000 wells in the company’s core play, Jesse Filipi understands first hand how time-consuming set point optimization can be. During his time at Marathon, the company underwent a massive well expansion. But, despite the steep growth curve, Jesse felt that he and his team were not given the tools to be successful. Considering that the engineering team is effectively the revenue center of any production company, he knew there had to be a better way to effectively manage large scale well operations.

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Topics: Production Operations, SCADA, Value Creation, Feature Engineering, Data Science, Artificial Intelligence, Machine Learning, Optimization, Horizontal Wells, Automation, Production Engineering, Artificial Lift, Disruptive, Pump by Exception, Essential Well Management

Why I Banned "Disruption" from my Industrial IoT Company

Posted by Alex Robart on Apr 10, 2018 9:00:00 AM

In 1997, Clayton Christensen coined the term “Disruptive Innovation” in his thoughtful book, The Innovator’s Dilemma. Since then, the term has been shortened to simply ‘disruption’ and it has taken on a life of its own across the technology and media complex.

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Topics: Artificial Intelligence, Machine Learning, Disruption, Disruptive, Upstream, Oil and Gas, Industrial IoT, Silicon Valley, Technology Adoption, O&G, Innovative