Posts by: lucaswood1

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Data Fuel Joins Ruths.ai

By on April 25, 2018

In January 2018, Kyle LaMotta, CEO and Founder of Data Fuel, a Spotfire shop providing analytics, training, consulting and templates for the Oil & Gas industry, joined the Ruths.ai team. In March, Kyle added his blog, Data Fuel to the Ruths.ai line up. Data Fuel has become the “how to do something in Spotfire” site while Data Shop Talk, the original Ruths.ai blog, addresses the more general articles about Spotfire functionality with some tips and tricks as well.

Kyle brings his Production Engineering background at Hess and 10 years of experience in Spotfire to Ruths.ai. Kyle is the Director of Analytics for Ruths.ai and works extensively on community development, kickstart packages, training, and Spotfire support.

Check out Data Fuel. https://www.datafuel.co/tag/spotfire/

 

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Rigzone Interviews Troy Ruths

By on April 25, 2018

Troy Ruths, CEO of Ruths.ai, expanded on his expert vision of the challenges faced by O&G as the industry moves to adopt and implement the use of more technology.  Confronted with better and more data, O&G companies are short on manpower.  Ruths notes, “We’re going to put 110,000 wells in [the Permian] in the next couple of years. If you add up all the man years we have in the major operators that are going to be doing that, there’s just not enough man years to do it.”  That’s where data science fills in the gaps.  Moving faster into areas of greater complexity, data analysis provides a window of understanding that can’t be matched with historical technologies.

TIBCO’s Chief Analytics Officer, Michael O’Connell and Senior Manager of AspenTech, Robert Golightly join Ruths in sharing their understanding of the cultural changes needed to implement these new technologies.  Read the full article here, https://www.rigzone.com/news/the_real_oil_gas_disrupter_application_of_technology-24-apr-2018-154374-article/?pgNum=0

 

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Ruths.ai, Gold Sponsor of SPE: Data Science Convention

By on April 18, 2018

Come visit us at our Gold Sponsorship Ruths.ai booth for the first ever SPE Data Science Convention on Thursday, April 19th, Norris Conference Center.  CEO, Troy Ruths, will be participating in the Panel Session:  Building Data Science Practices in Organizations from 3 PM to 4:15 PM.

This year’s theme is Transforming the Upstream O&G Industry with Advanced Data Science Solutions.  The Conference will be addressing leveraging emerging technologies, unlocking new hydrocarbon resources, driving oilfield efficiency and productivity, and building data science practices in organizations.  Over 400 attendees are expected for this exciting new event.

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CEO Troy Ruths Participates in R&D Industry Series Finale at Texas A&M

By on April 18, 2018

What is the impact of data science and analytics in the oil and gas industry today and what will be the needs in the future?  Dr. Troy Ruths will join the R&D panel on April 25, 2018 in the Richardson Petroleum Engineering Building, Room 910 on the Texas A&M University, College Station campus, to address these and other opportunities in data analytics.

Troy will be joined on the panel by Dr. Sebastien Matringe from Newfield Exploration and Dr. Sathish Sankaran from Anadarko.

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Houston Chronicle Features Ruths.ai

By on April 18, 2018

For an interesting read, check out this article by Maggie Gordon in the feature section of the Houston Chronicle online.  Here, Maggie talks about “when a tech startup replaces a law library in a small, corner building, where quarters are close and tradition is being overthrown by a new generation of up-and-comers who’ve challenged the very definition of white-collar workers by showing up daily in flannel and T-shirts.”

It’s a great view into our office style and how we work every day.

http://www.houstonchronicle.com/life/article/With-law-firm-s-library-gone-tech-startup-moves-12434613.php#photo-14709560

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Ruths.ai hosts Norwegian Interns

By on April 18, 2018

For two months, Ruths.ai is hosting two Norwegian interns as part of the Grunderskolen program, a joint cooperation between Oslo University’s School of Entrepreneurship and Rice University’s Rice Alliance for Technology and Entrepreneurship.

The purpose is to give student’s a real-world experience in the entrepreneurial environment.  Ruths.ai was chosen to participate in the program, which matches students with young, growing companies in the Houston area.  The interns work the usual business day and then attend classes in the evening at Rice University.  The Grunderskolen program is a required part of the MSc in Innovation and Entrepreneurship offered at several universities in Norway.

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CIOReview: Ruths.ai Top 20 Most Promising Data Analytics Solution Providers

By on February 22, 2018

Recently we were honored to have been selected on CIOReview as a Top 20 Most Promising Data Analytics Solution Provider. You can read the whole article here on their website: click here to view.

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CEO Troy Ruths Presents at Silicon Valley Big Data Science Meetup

By on September 28, 2017

Troy Ruths, CEO & Founder of Ruths.ai, and Michael O’Connell, CAO of TIBCO Software Inc., shared a
collaborative presentation on Data Science with R, Python and TIBCO Spotfire—Connected Intelligence
Apps with the members of the Silicon Valley Big Data Science Meet Up in Palo Alto, California.

The talk outlined the journey from smart data discovery and visual analytics to rules-based systems,
machine learning models and embedded applications. Illustrating with several case studies featuring
content from Ruths.ai and the TIBCO Community, Troy and Michael included examples highlighting code
and configurations from a number of tools and languages, primarily highlighting R and Python.

You can find more on this presentation and the Meet up group here, https://www.meetup.com/Silicon-
Valley-Big- Data-Science/events/241982660/.

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Canadian Analytics Symposium

By on September 19, 2017

Ruths.ai, a TIBCO partner, will be attending the first ever Canadian Analytics Symposium on October 3, 2017 held in the exciting Calgary science museum, Telus Spark. The symposium will highlight the future of analytics in Oil & Gas in a presentation by Catalina Herrera. Join us there as we meet to discuss machine learning, AI, Algorithmic society and real-time analytics to see how businesses are using these new growing abilities to gain a competitive advantage, increased profits, and greater success in the marketplace.

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Ruths.ai Featured in Chevron Oil & Gas Journal Supplement

By on August 23, 2017

Ruths.ai’s contribution to the Jack/St. Malo project in the deepwater US Gulf of Mexico was highlighted in a supplement to the Chevron Oil & Gas Journal. Ruths.ai delivered several analytics tools that provided advanced Spotfire capability for the JSM engineering team. Specifically, these tools enabled the JSM team to build dynamic plots necessary for startup monitoring. This extension improved the existing toolset for the JSM startup workbench in terms of performance and content, built additional analyses that target tactical workflows, and is supporting ongoing reporting requirements.

Dr. Troy Ruths, CEO, explained, “Our application enabled the Chevron engineers to monitor real-time data feeds from the JSM wells as well as to discern how parameters, such as the productivity index (PI) and reservoir pressure, for the wells compare with simulation data as they were ramping them up. We were able to bring up the simulation data side-by-side with the field data for a teal-time comparison. We also ran predictive well integrity models against PI degradation and pressure loss.”