[URTeC 2023] - Join us at URTeC 2023 in Denver, Colorado and meet our team at booth #449. πŸŽ‰πŸŽ‰
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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, 2021February 16, 2023

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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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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The Changing Impact of Oil Well Design Completions Through Time: URTeC 2020 Novi Paper Summary
  • Avatar photo Ted Cross
  • June 26, 2020November 10, 2022

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 ...

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Building Unbiased Benchmarks with Machine Learning Oil and Gas Modeling: URTeC 2020 Novi Paper Summary
  • Avatar photo Ted Cross
  • June 15, 2020January 5, 2023

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 ...

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the power of analogy : using novi’s contributing oil well data to understand machine learning predictions
  • Avatar photo Ted Cross
  • April 30, 2020April 13, 2023

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 ...

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trust me, I’m an objective engineer: uncovering the inherent bias in oil and gas forecasts
  • Avatar photo Garth Stotts
  • April 29, 2020November 24, 2022

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 ...

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Industry Report: The 4 Major US Tight Oil Basins - Q1 2023

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Recent Posts

  • Pennsylvania – update through March 2023
  • Reservoir Engineering in the Age of AI: Navigating the Changing Landscape
  • Permian – update through January 2023
  • Is It Really Worth Building Your Own Oil & Gas Analytics Platform?
  • Eagle Ford – update through November 2022

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  1. D Coyne on Permian – update through August 2022
  2. D Coyne on Permian – update through August 2022
  3. Enno Peters on Permian – update through August 2022
  4. D Coyne on Permian – update through August 2022
  5. Enno on Permian – update through August 2022
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