Ted CrossOptimizing your spacing/stacking design, especially with complex parent-child relationships, is critical to deliver returns across cycles. It’s also one of the hardest ...
11 Costly Mistakes E&P Operators Make in Building Machine Learning Capabilities
Machine learning provides an opportunity for E&P companies to improve their data-driven decision-making and tackle problems that traditional analytical approaches have struggled ...
Introducing Novi Data Network: Fueling Machine Learning Forecasting with Proprietary Data
Novi Data Network ("NDN"): Leveraging Proprietary Oil and Gas Data for AI Driven Well Forecasting Models. At Novi Labs, we believe high quality ...
What’s behind the rise in US shale gas production?
What’s 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 haven’t noticed, chess has been seeing unprecedented growth around the world. A boom that started with bored lockdowners looking ...
