OVS Group http://ovsgroup.com Integration & Automated Workflows Mon, 07 Apr 2014 19:57:15 +0000 en-US hourly 1 http://wordpress.org/?v=3.9 New Engineering Map Module http://ovsgroup.com/new-engineering-map-module/ http://ovsgroup.com/new-engineering-map-module/#comments Tue, 01 Apr 2014 14:43:35 +0000 http://ovsgroup.com/?p=5887 The Map Module is a new core feature of the OVS framework. The customizable engineering map helps users correlate and calibrate spatial data. Models such as Inverse Distance, Kriging, and Triangulation allow reservoir and production professionals to analyze and capture fine scale details of the field. Grid, contour, and bubble maps within the module enable efficient correlation and analysis. The OVS Map Module captures heterogeneity, integrates complex attributes, and is capable of importing Faults and Grids from external applications.


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New Model Builder Workflow http://ovsgroup.com/model-builder-workflow/ http://ovsgroup.com/model-builder-workflow/#comments Wed, 11 Dec 2013 22:52:59 +0000 http://ovsgroup.com/?p=5801 In production data analysis, a well model approach helps production and reservoir engineers efficiently predict pipeline hydraulics and temperature with accuracy. Engineers can perform sensitivity analysis for well optimization and plan work-overs with knowledge of how changes in well parameters can affect future well performance.

One Virtual Source recognizes that well model building can be a quite cumbersome process as it involves various data such as Fluid Properties, Well Deviation Survey, Downhole Equipments, Reservoir Properties, Well tests, and Artificial Lift. This data is available in different databases, data structures, and forms and is measured at different frequencies. It is important to update the well model with sporadic and real-time data to help engineers use the model for well performance analysis and predictions. Manually building the well model is a time consuming and costly effort when you have more than hundreds or thousands of wells.

The One Virtual Source Model Builder Workflow automatically connects to all of your databases and builds the well model in a fraction of a second saving time for the engineer. Engineers can now use their valuable time in analyzing well data instead of collecting and validating the data. Our OVS workflow engine is fully adaptable to all external applications recognized in the industry for modeling and is compatible with all of your storage databases.  The user friendly visualization of the OVS Model Builder Workflow helps engineers to see the right information at the right time. Our workflow makes proactive and informed decisions to improve your well and field performance.

WMB (2)

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The Virtual Metering Solution http://ovsgroup.com/the-virtual-metering-solution/ http://ovsgroup.com/the-virtual-metering-solution/#comments Tue, 26 Nov 2013 22:37:56 +0000 http://ovsgroup.com/?p=5797 Inaccurate allocation caused by sporadic well tests is an obstacle in the oil and gas industry. Well rate surveillance is essential for selecting potential activities to optimize production. However, direct field measurements are not usually available or they lack consistency.

One Virtual Source offers virtual metering (VM) which tackles this issue by considering operational data and wellbore dynamics to evaluate daily rates. We automatically pass high frequency operational measurements into third-party modeling tools in order to estimate production rates for each well.  Since these measurements and models are generated on a daily basis, they help to fill the void created by infrequent or volatile well tests.  The OVS solution reduces uncertainty by adjusting parameters as required.

virtual metering

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Giving Back to Carlos Jose Bello Elementary School http://ovsgroup.com/giving-back-to-carlos-jose-bello-elementary-school/ http://ovsgroup.com/giving-back-to-carlos-jose-bello-elementary-school/#comments Wed, 30 Oct 2013 22:18:13 +0000 http://ovsgroup.com/?p=5793  

OVS Group’s CEO Jose Alvarez recently renovated the basketball court at Carlos Jose Bello Elementary School in Valle de La Pascua, Venezuela. Jose said, “I wanted to help the kids in the community and give back to the city where I grew up.” Check out the brand new court!


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OVS Group to attend ATCE 2013 http://ovsgroup.com/ovs-group-to-attend-spe-atce/ http://ovsgroup.com/ovs-group-to-attend-spe-atce/#comments Thu, 19 Sep 2013 20:31:33 +0000 http://ovsgroup.com/?p=5777 OVS Group will be attending the SPE Annual Technical Conference and Exhibition (ATCE) for the fourth year in a row. This event will be held at the Ernest N. Morial Convention Center in New Orleans, Louisiana from September 30th through October 2nd. Visit Cheo Alvarez, Larry Denver, and Deborah Ricks at booth #657 to learn how One Virtual Source is dramatically improving exploration and production results.


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One Virtual Source Featured in E&P Magazine http://ovsgroup.com/one-virtual-source-featured-in-hart-energy-article/ http://ovsgroup.com/one-virtual-source-featured-in-hart-energy-article/#comments Tue, 06 Aug 2013 16:25:44 +0000 http://ovsgroup.com/?p=5757 Check out the latest digital oilfield article by Zone Energy, LLC’s President & CEO and VP Business Development & Engineering along with OVS Group’s CTO Sebastiano Barbarino. Discover how Zone found success with the implementation of  the One Virtual Source platform.

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Unconventional Resources Technology Conference http://ovsgroup.com/unconventional-resources-technology-conference/ http://ovsgroup.com/unconventional-resources-technology-conference/#comments Mon, 29 Jul 2013 22:08:19 +0000 http://ovsgroup.com/?p=5753 unconventional

Ready for the Unconventional Resources Technology Conference? OVS Group will be an exhibitor at the Colorado Convention Center in Denver August 12-14. Visit Booth #1242 to learn how the One Virtual Source solution tackles data volume while managing your unconventional assets.

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Larry Denver on Market Trends http://ovsgroup.com/larry-denver-on-market-trends/ http://ovsgroup.com/larry-denver-on-market-trends/#comments Mon, 15 Jul 2013 22:00:15 +0000 http://ovsgroup.com/?p=5732

The most significant trend in the energy industry is our recent focus on unconventional plays. Unconventional plays create the potential for energy independence but dramatically increase data volume over traditional drilling operations. One Virtual Source solves this challenge by integrating oil field data and providing a comprehensive workflow solution.

Larry Denver, OVS Group President, sat down with Talk Business 360 to discuss market trends and the solution to growing data volume in the oil and gas industry. Check out our segment and stay tuned for when the video airs on American Airlines October through November 2013.


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Sponsorship of LWI Water Walk http://ovsgroup.com/sponsorship-of-lwi-water-walk/ http://ovsgroup.com/sponsorship-of-lwi-water-walk/#comments Wed, 10 Jul 2013 19:20:47 +0000 http://ovsgroup.com/?p=5728 OVS Group is proud to be the corporate sponsor of the “Water Walk” at the Living Water International 2013 Gala, “Deeper.” The event will take place on September 20, 2013 at the Hilton Americas. Funds raised from this event will be used to bring clean drinking water to the 783 million people across the world currently lacking access to safe water.


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Minority Owned Business Certification http://ovsgroup.com/minority-owned-business-certification/ http://ovsgroup.com/minority-owned-business-certification/#comments Fri, 28 Jun 2013 17:05:54 +0000 http://ovsgroup.com/?p=5700 OVS Group is now a certified Minority Owned Business!


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