MohamedThe oil and gas industry has always been quick to adopt technological advancements, from early drilling methods to advanced seismic techniques, constantly ...
Maria PesantezIs It Really Worth Building Your Own Oil & Gas Analytics Platform?
Since 2014, oil and gas companies have had to learn to do more with less. With investor pressure on G&A budgets and ...
Ted CrossCan 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, ...
![Is it worth It? Quantifying the value of collecting and interpreting subsurface data. [URTeC 2022 Novi Paper Summary]](https://novilabs.com/wp-content/uploads/2022/04/1653578942181.jpg)
Jason ReedIs 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 ...
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 ...
Kiran SathayePublic 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 ...
Jon LudwigFounder 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 ...
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 ...
Kris DarnellPUD 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, ...
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 ...