Ambyint Named HBJ 2020 Innovation Award Honoree

Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Aug 04, 2020 04:35 pm
HOUSTON -- 

Ambyint, the leader in well lifecycle production optimization, was named a 2020 Innovation Award honoree by the Houston Business Journal (HBJ) for its InfinityPLTM plunger lift optimization software. Exploration and production companies leverage Ambyint solutions across thousands of wells in every major basin to generate additional cash flow through increased production and lower operating expenses.

Ambyint InfinityPL increases production up to 7% on plunger lift wells detecting anomalous conditions and determining optimal controller setpoints. Today, 85% of plunger wells operate suboptimally, and the majority have production-impacting anomalies. Leveraging advanced physics-based artificial intelligence (AI) combined with deep artificial lift expertise, InfinityPL gives producers better production outcomes through predictive maintenance, managed controller setpoint recommendations, and improved well stability - all while leveraging existing SCADA infrastructure.

HBJ narrowed its award honorees to just 20 Houston-based businesses and organizations showcasing innovative products, technology, and other business facets. The publication will feature honorees in an online event on September 17th and in its weekly edition on September 25th.

“We are honored that the Houston Business Journal has recognized our innovation in oil and gas production optimization,” says Blake McLean, chief executive officer at Ambyint. “Our InfinityPL software significantly improves well economics by increasing production and reducing operating costs. We believe that optimizing well performance is key to maximizing margins - a critical goal in today’s economic climate.”

About Ambyint

Ambyint, a market leader in AI-powered optimization for the oil and gas industry, delivers step-change improvements to E&P production outcomes and margins by combining advanced physics and subject matter expertise with artificial intelligence to automate operations and production optimization workflows across all well types and artificial lift systems. www.ambyint.com.

Ginger Shelfer
346-425-1138

Comment On!

140
Upload limit is up to 1mb only
To post messages to your Socail Media account, you must first give authorization from the websites. Select the platform you wish to connect your account to CanadianInsider.com (via Easy Blurb).