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Machine Learning in Oil and Gas Blog

HomeMachine Learning in Oil and Gas Blog
Can unconventional well productivity predict peak oil and gas production?
  • Avatar photo Ted Cross
  • July 26, 2022November 24, 2022

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, ...

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Is it worth It? Quantifying the value of collecting and interpreting subsurface data. [URTeC 2022 Novi Paper Summary]
  • Avatar photo Jason Reed
  • April 12, 2022November 29, 2022

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 ...

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Overcoming barriers to data-driven workflows: introducing Novi Model Engine
  • Avatar photo Ted Cross
  • March 2, 2022December 9, 2022

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 ...

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Public Data Models: Better Than Anyone Expected
  • Avatar photo Kiran Sathaye
  • February 17, 2022November 10, 2022

Public Data Models: Better Than Anyone Expected

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

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Founder Point of View :: Novi Acquisition of ShaleProfile
  • Avatar photo Jon Ludwig
  • January 19, 2022November 24, 2022

Founder Point of View :: Novi Acquisition of ShaleProfile

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

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Oil and Gas Cube Development: How Dense is Too Dense??
  • Avatar photo Ted Cross
  • May 28, 2021November 10, 2022

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 ...

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PUD and PDP Forecast Uncertainty: Why You Need it and How Novi Delivers
  • Kris Darnell
  • April 1, 2021November 24, 2022

PUD and PDP Forecast Uncertainty: Why You Need it and How Novi Delivers

Machine learning models that forecast production for Proved Developed Producing (PDP) or Proved Undeveloped (PUD) oil and gas reserves may increase accuracy, ...

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Ahead of the Curve: Introducing Novi PDP Oil & Gas Forecasting
  • Avatar photo Ted Cross
  • March 15, 2021November 24, 2022

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 ...

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What can chess teach us about artificial intelligence in oil and gas?
  • Avatar photo Ted Cross
  • December 16, 2020November 10, 2022

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 ...

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Machine Learning Regional Profiles for Geologic Insights: Mapping Unconventional Production Drivers in the Williston Basin
  • Avatar photo Ted Cross
  • December 14, 2020December 20, 2022

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 ...

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Report: The State of Shale Oil & Gas - Q3 2022

  • Machine Learning in Oil and Gas Blog
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Recent Posts

  • Pennsylvania – update through November 2022
  • Permian – update through August 2022
  • Eagle Ford – update through July 2022
  • What’s behind the rise in US shale gas production?
  • Why is lease-to-well allocation important?

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Recent Comments

  1. Enno Peters on Permian – update through August 2022
  2. Dennis Coyne on Permian – update through August 2022
  3. Enno Peters on Haynesville – update through August 2021
  4. Ron on Haynesville – update through August 2021
  5. Mario Vachon on Permian – update through May 2022
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