Ambyint, the emerging player in AI-powered artificial lift and production optimization, and international energy major Equinor today announced that it will deploy Amybint’s technology on all rod pump wells in Equinor’s Bakken asset in North Dakota. The partnership comes at the end of a successful pilot and will expand to full field implementation in this asset.
"Digital service companies such as Ambyint are working toward autonomous well operations, promoting its technology as the oil and gas industry’s answer to the 'self-driving car.' Ambyint CEO Alex Robart, who spoke at Hart Energy’s DUG Permian conference in May, is using Edge, Internet of Things and AI/machine learning to transition to the 'autonomous oil field.'"
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For as long as there has been a future, people have been envisioning what it could look like. From flying cars that zip around sky cities to handheld devices that teleport you away just as fast as you can say “beam me up, Scottie!”, we have always had lofty goals in mind. But, now we live in a world that looks remarkably like something out of a sci-fi film, and nothing exemplifies just how far we’ve come quite like the ‘Lights-Out’ Factory. It’s pretty much exactly what it sounds like: a factory that employs robots rather than humans, humming along in perfect synchronization, to the extent that one could simply turn the lights off without affecting the march of progress in the slightest. To break it down a little further, here is a helpful summary from PWC of what a lights-out factory is (and isn’t):
Last week, Ambyint took the stage at the 2018 Global Petroleum Show (GPS). The annual conference and exhibition is one of Calgary's most highly anticipated events for oil and gas professionals across North America. This year's turnout did not disappoint, with over 1,000 exhibiting companies and ~50,000 attendees. In addition to maintaining a booth presence over the course of the three-day event, Ambyint hosted three speaking slots and an auxiliary breakfast seminar, successfully keeping Ambyint at top-of-mind throughout the week.
Topics: Industrial IoT, Rod Pump, Automation, Optimization, Advanced Analytics, Machine Learning, Artificial Intelligence, Data Science, Production Operations, Conference, Presentation, Global Petroleum Show
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.