How much of the oil & gas industry’s recent underperformance comes from misapplication of large completions designs with tight spacing configurations? Though just about everybody you ask will agree that completions and spacing interact, engineering teams have often failed to evaluate the two in tandem. Completions results from parent wells or exterior wells do not […]
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Novi’s New Prediction Engine Accelerates Well Planning
Novi Labs announces the release of Novi Prediction Engine™, a new self-service software capability that enables rapid modeling of oil & gas capital allocation scenarios in minutes.
Paramount Resources Integrates Novi's Machine Learning into Well Planning Workflows
Novi Labs, Inc. and Paramount Resources LTD form partnership focused on increasing net asset values by enabling Paramount’s engineering teams to rapidly analyze all possible development scenarios to produce the most capitally efficient drilling plan.
Join Us at SPE HFTC 2020
The SPE Hydraulic Fracturing Technology Conference showcases existing and new hydraulic fracturing technologies, using experiences from fracture-stimulated wells, and the application of global learnings. Make plans to attend! Novi will showcase our latest AI powered well planning technology in February. Join us in The Woodlands and learn how to optimize your frac treatments and capital […]
Bringing Transparency to Oil & Gas Predictive Analytics
The oil & gas business has seen its fair share of software vendors who claim magical results delivered via a black box approach. Pick a geoscience or engineering discipline and you’ll likely find a piece of technology or software that offers a compelling solution, but the methods that drive output and analysis are intentionally hidden […]
Kevin Stambaugh Joins Novi
We are excited to welcome Kevin Stambaugh to the Novi executive team! Kevin brings nearly 30 years of experience as a software and product development manager and has a strong record of strategic leadership across early and growth stage startups.