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Osprey Named Energy Excellence Awards Champion for Smart Well Site Surveillance


Osprey Logo - December 2018 Update Feature

Osprey Reach delivered top marks in the Energy Excellence Awards Digital Oilfield category.

CALGARY, CANADA - Osprey Informatics (“Osprey”), a provider of intelligent visual monitoring solutions for industrial operations, today announced that it has closed a $3.75 Million CAD investment round led by Shell Ventures LLC and Evok Innovations, with participation from InterGen Capital and current shareholders. The investment will be used to drive sales expansion and to bring to market additional artificial intelligence-enabled solutions, including methane detection. Read the full press release here

Osprey Reach is transforming the essentially “dumb” surveillance systems of the past, that required a set of human eyes to make effective, to “smart” systems able to distinguish out-of-the-ordinary events, from intruders or physical dangers to leaks and equipment breakdown, around the clock.

Increasingly sophisticated machine learning can “train” the system to detect and distinguish increasingly specific objects and events — for example, discriminating between a person or vehicle and an animal, or a change in cadence of a pump to provide an early warning of pending breakdown or indicating maintenance is required.

Read the profile on the winner in the category Innovation & Research Excellence: Digital Oilfield

 



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