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 ...
Investing in Shale Oil and Gas Wells: Are you the House or the Player?
We want to invest in shale oil and gas wells that operate like a casino. Why? Casinos make lots of money based ...
trust me, I’m an objective engineer: uncovering the inherent bias in oil and gas forecasts
Capital allocation decisions made by Engineers that work at E&P companies are completely rational and unimpacted by their own experiences or personal ...