Machine Learning Oil and Gas Industry Use Cases written by Experts

Is it worth It? Quantifying the value of collecting and interpreting subsurface data. [URTeC 2022 Novi Paper Summary]

Rejoice geologists, geophysicists and petrophysicists! We provide a novel approach to answer the question: Is it worth it for the industry to ...

With thousands or tens of thousands of wells in every major shale play, operators and financial institutions know that the data is ...

We have all heard the saying “garbage in = garbage out” when it comes to creating any sort of statistical model. You ...

Why is Novi Labs Is Jumping Into the Data Game? Since starting Novi Labs seven years ago, there has been a consistent strategy ...

Of all the levers available to an operator, perhaps none has a greater impact on unit economics than wells per section. Over ...

Machine learning models that forecast production for PDP or PUD oil and gas wells may increase accuracy, save engineering time, or replace ...

It all started as an accident. We passed early time production to a "pre-drill" Novi model. When we saw the results, we ...

In case you haven’t noticed, chess has been seeing unprecedented growth around the world. A boom that started with bored lockdowners looking ...

What drives unconventional oil production? Of course completions, parent-child, and well spacing all play a huge role -- but it all starts ...

We want to invest in shale oil and gas wells that operate like a casino. Why? Casinos make lots of money based ...