Ambyint Insights
Ambyint Talks IoT, Machine Learning, and The Digital Revolution at GPS 2018
November 20,2018

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.

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[RECAP] Ambyint at the 2018 Sucker Rod Pumping Workshop
October 23,2018

ALRDC is the Artificial Lift Research and Development Council that is focused on advancing the knowledge and practice of artificial lift technology and business. This year, the ALRDC Sucker Rod Pump Workshop was held in Oklahoma City, Oklahoma. Several oil and gas companies presented on the design, optimization, and challenges faced with Artificial Lift. Full Presentations and Abstracts can be viewed on ALRDC.

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Why I Banned "Disruption" from my Industrial IoT Company
September 24,2018

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.

Silicon Valley technology companies wear the term like a badge of honor, taking pride in their inevitable toppling of long-established paradigms and slow-moving companies that do not 'get' why the newest technology is about to upend their respective industries. While there are innumerable cases of disruption across a range of consumer-facing businesses, the dynamics of- and the realities around "disruption" are different in industrial industries.

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Automating the Routine with Advanced Analytics & Optimization (AAO) for Horizontal Wells
September 24,2018

Artificial lift optimization is one of the core activities Production Engineers and Techs are asked to perform on a daily basis. Rod lift is the most widely used artificial lift type, deployed on horizontal and vertical wells alike. Due to the widespread use of rod pumps, consistent best practices have been established over time. When those operational best practices are adhered to, meaningful increases in field profitability of even the lowest producing wells have followed.

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Two Paths to Incorporating Value-Adding Data Science into Production Operations: The Hard Way or the Easy Way
September 24,2018

With data science and analytics permeating industrial, financial, and consumer technology sectors, oil and gas producers have begun to invest in and explore the potential for these tools to add value in upstream activities. To date, most E&Ps have experienced mixed success, with value coming mainly in the drilling & completions business units (1-4).

Forming an analytics team is only the tip of the iceberg. Building a value-adding data science competency requires significantly more than simply adding headcount and implementing a Tableau or Spotfire visualization system. We present a roadmap for what is needed to build a value-adding data science capability and how Ambyint can catapult E&Ps to the forefront of production analytics today.

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'Lights-Out' Manufacturing: Taking Uncertainty Out of the Equation
September 19,2018

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 "ËśLights-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):

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Ambyint announces expanded commitment with Equinor to optimize production operations in North Dakota
September 19,2018

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.

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Topics:

Artifical Intelligence, Robotics, Oil & Gas

Webinar Recap: Field Automation for Data Collection and Control in O&G Beyond SCADA
September 19,2018

Ryan Benoit, Ambyint CTO, has spent over 15 years in the technology industry. The way he sees it, SCADA has reached its natural scalable limit when faced with the unprecedented opportunities that artificial intelligence and machine learning are now presenting to the oil and gas industry.

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Automating the Routine with Essential Well Management (EWM) for Stripper Wells
September 19,2018

Artificial lift optimization is one of the core activities Production Engineers and Techs are asked to perform on a daily basis. Rod lift is the most widely used artificial lift type, deployed on horizontal and vertical wells alike. Due to the widespread use of rod pumps, consistent best practices have been established over time. When those operational best practices are adhered to, meaningful increases in field profitability of even the lowest producing wells have followed.

Despite their differences in the horizontal development and vertical legacy well context, industry best practices to optimize rod lift around efficiency, and thus profitability, have a consistent logic and methodology. First, wells are diagnosed as underpumping, dialed in, or overpumping. Second, based on the categorical classification, a consistent remediation workflow is applied based on the available levers to pull that either increase production or lower the number of damaging strokes into the system.

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The Production Optimization Platform (POP): Modern Technology and Thoughtful Workflow Design
September 19,2018

V2 of the Ambyint Production Optimization Platform was designed by field experts, for field experts. Our team understands the pain-points operators and engineers experience in their day-to-day because we've experienced them first hand as well. So, we built the platform that we would want to use. The simplified, intuitive design and easy navigation tools let you stay up to date with your wells at any time, whether you're in the office, in the field, or on the go. Say goodbye to extensive training and the endless sea of sub-menus, and say hello to the next phase of well monitoring and control.

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Topics:
Artifical Intelligence, Robotics, Oil & Gas
[RECAP] SPE ALCE: Pushing The Limits of Artificial Lift
September 19,2018

Each year, the SPE Artificial Lift Conference and Exhibition (ALCE) brings together E&P innovators from major IOC's, NOC's, and independent operators to exchange ideas that advance technical knowledge in artificial lift across multiple applications. Since announcing the extended partnership with Equinor,

Ambyint made its appearance in last week's SPE ALCE, hosted at the Woodlands Waterway Marriott and Convention Center. The theme of this year's conference, "Pushing the Limits of Artificial Lift," was well suited for Ambyint as the company seeks to revolutionize the ways of thinking about Artificial Lift optimization. As E&P developments become more complex, Ambyint seeks to use the vast amounts of data that is gathered to advance and enable machine learning and artificial intelligence, in order to optimize well production, increase BOPD, and automate redundant high-cost tasks.

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Ambyint Featured in Article from Oil & Gas Investor Magazine
September 19,2018

"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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Webinar Recap: Using IoT-Enabled Machine Learning to Autonomously Optimize Rod Pump Set Points
September 19,2018

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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Autonomous Set Point Management: Dial In Your Wells To Reduce LOE
September 19,2018

The primary objective of Production Operations is to operate every well in the field at peak economic efficiency levels at all times. That is to say, the goal is to sustain maximum fluid production with minimum cost inputs across the field, keeping lease operating expenses (LOE) down while keeping profits up. The highest value lever by which this is achieved is through artificial lift optimization.

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