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 ...
Water, water everywhere: oil well water analysis with machine learning models to improve produced water forecasts in the Williston Basin: URTeC 2020 Novi Paper Summary
How often does an engineer dash off a simple oil well water analysis, doing something like applying a flat WOR to their ...
The Changing Impact of Oil Well Design Completions Through Time: URTeC 2020 Novi Paper Summary
"Upsizing well completions increase production 37.5%*!!!" Sure, but when? Where that asterisk lands will have a huge impact on the returns of ...
Building Unbiased Benchmarks with Machine Learning Oil and Gas Modeling: URTeC 2020 Novi Paper Summary
90% of American drivers say they're better than average, and 90% of Shale focused Operators have "peer-leading" breakevens, returns and well production ...
the power of analogy : using novi’s contributing oil well data to understand machine learning predictions
Whether exploring for oil offshore Brazil or scaling type curves in Lea County, engineers and geologists rely upon the power of analogy ...
First large bankruptcy filing begs the question :: is there hidden value in Whiting’s un-drilled acreage worth bidding on?
Earlier this month, Whiting Petroleum (NYSE: WLL) declared bankruptcy, becoming the first high-profile E&P casualty in the Coronavirus downturn. While it's unclear ...
Playing enough short game to get to the long game :: revisiting the Parsley-Jagged deal at $30 strip
Golf, like drilling oil wells, is a strategy game. When do I go for the green versus laying up and saving par? ...
less than 10% of remaining Bakken inventory is in the play core
With the current oil price downturn, many have started to wonder whether activity in the Bakken will ever return to its previous ...