After the Great Coronavirus Shut-In, Vista Oil & Gas turned back on their new Vaca Muerta pad. A pleasant surprise greeted them. ...
Making sense of it all: extracting actionable core-data from pXRF using PCA and K-means cluster analysis
Editor's note: we are excited to present this work, the winner of Novi's inaugural Student Blog Contest. Many thanks to Esben and ...
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 ...
how does a 3 billion barrel discovery turn into a $3 billion impairment in oil and gas plays?
Involvement in exploring a substantial discovery and bringing it to development is an exciting opportunity. There is nothing more valuable to a ...
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 ...
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 ...
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 ...