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Data Science Project from End to End: A Sucker-Rod Pump Example

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Course Credit: 0.15 CEU, 1.5 PDH

The concepts behind the digital oilfield will be discussed and how they fit together into creating an ecosystem to deliver value. Concrete elements will be presented that illustrate the entire value chain and technology stack necessary to deliver on the promise of the digital oilfield. We illustrate this vision with a concrete example in which live data from an entire oilfield full of sucker-rod pumps is fed into a central facility, analyzed for predictive maintenance, and used to perform proactive maintenance on the pumps. Apart from various physical technologies, we will go into some detail on the analytics used to obtain the result. While the digital oilfield is a large complex made up of many moving parts, the central message of this webinar is that there are two essential factors that govern the success of the entire enterprise: Analytics and change management. Both of these will be discussed and the value of the final outcome will be quantified. Finally, we will present some lessons learned that can be applied to any digital oilfield. All content contained within this webinar is copyrighted by Dr. Patrick Bangert and its use and/or reproduction outside the portal requires express permission from Dr. Patrick Bangert.

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 1 chapter
  1 downloadable resource

Course Chapters

  • 1Data Science Project from End to End: A Sucker-Rod Pump Example - Chapter 1
    Media Type: Video

Credits

Earn credits by completing this course0.15 CEU credit1.5 PDH credits

Speakers

Dr. Patrick Bangert