Whatβs behind the rise in US shale gas production? Since the pandemic, US gas and oil production have taken different trajectories: oil ...
Horizontal Permitting Activity has increased post-invasion, but still lags behind pre-COVID levels
Oil and gas permits provide a fantastic leading indicator of production. Drilling Permits are needed to drill, complete, and produce a well, ...
Can unconventional well productivity predict peak oil and gas production?
How much production of oil and gas is left in the major basins? As you can imagine, operators, state agencies, financial services, ...
Overcoming barriers to data-driven workflows: introducing Novi Model Engine
With thousands or tens of thousands of wells in every major shale play, operators and financial institutions know that the data is ...
Oil and Gas Cube Development: How Dense is Too Dense??
Of all the levers available to an operator, perhaps none has a greater impact on unit economics than wells per section. Over ...
Ahead of the Curve: Introducing Novi PDP Oil & Gas Forecasting
It all started as an accident. We passed early time production to a "pre-drill" Novi model. When we saw the results, we ...
What can chess teach us about artificial intelligence in oil and gas?
In case you havenβt noticed, chess has been seeing unprecedented growth around the world. A boom that started with bored lockdowners looking ...
Machine Learning Regional Profiles for Geologic Insights: Mapping Unconventional Production Drivers in the Williston Basin
What drives unconventional oil production? Of course completions, parent-child, and well spacing all play a huge role -- but it all starts ...
Analyzing Vista’s Record-Setting Vaca Muerta Wells with Oil and Gas Machine Learning Models
After the Great Coronavirus Shut-In, Vista Oil & Gas turned back on their new Vaca Muerta pad. A pleasant surprise greeted them. ...
Novi geoSHAP – estimating rock quality using SHAP values in machine learning models: URTeC 2020 Novi Paper Summary
"What do you mean the model doesn't use **INSERT PET GEOLOGIC VARIABLE HERE**?!" Anyone who's built and reviewed enough machine learning models ...