Novi’s Ted Cross and Kris Darnell will be presenting live at the SEG | AAPG IMAGE conference from September 26th to October 1st at the Colorado Convention Center. As part of an esteemed panel, Ted will be discussing insights from ‘the Best of URTeC.’ Novi led five presentations at the recent Unconventional Resources Technology Conference […]
Join us at SPE’s inaugural Permian Oil and Gas Recovery Symposium where Novi’s Kelsey Carapetyan will be presenting on machine learning applications for unconventional reservoir development. Kelsey and other industry thought leaders will discuss and address how these cutting-edge technologies are revolutionizing performance and recovery optimization methods to make smarter decisions in the field. Don’t […]
We are honored to participate in the inaugural event of the SPE Permian Basin Reservoir Study Group — a panel on cube developments! We’ve been working hard on the cube development problem, and are looking forward to discussing it with these great panelists! Details: Wednesday, August 18, 2021 11:30 AM – 1:00 PM CDT Bush […]
Novi is excited to be exhibiting at BOOTH 3011! Click for details.
We are excited to announce that three of our papers have been recognized as Best of URTeC 2020! At Novi, our team pushes the industry forward every day with advances in machine learning for oil and gas developments, and we are thrilled to see the hard work of the team recognized. Click through for the […]
Novi is excited to be exhibiting at BOOTH 4601 and presenting five papers! Click through for the full schedule.
09/30/2020: Novi Labs (“Novi”) today announced the release of the next generation of its artificial intelligence-based modeling pipeline. The first application of this patent-pending pipeline integrates a fully automated and highly accurate Proved Developed Producing (PDP) forecasting workflow that is integrated into Novi’s Forecast Engine™.
This allows reservoir engineers and financial analysts at oil & gas operators and financial services companies the capability to automate the generation of PDP forecasts with oil and gas AI software, driving improved accuracy of wedge forecasting, reserves forecasting, and valuation of acquisitions and divestiture opportunities.
Novi’s innovative approach to generating PDP forecasts utilizes Novi’s latest AI modeling pipeline to create highly accurate forecasts. Read the full PR here.
Novi President Jon Ludwig sits down with the cool cats at Digital Wildcatters for their first ever “video included” DW podcast and discusses Novi’s roots and the future of decision making in shale as continued pressure on strip price forces oil companies and investors to re-evaluate their decision making paradigms.
Novi Labs announces the release of Novi Prediction Engine™, a new self-service software capability that enables rapid modeling of oil & gas capital allocation scenarios in minutes.
Novi Labs, Inc. and Paramount Resources LTD form partnership focused on increasing net asset values by enabling Paramount’s engineering teams to rapidly analyze all possible development scenarios to produce the most capitally efficient drilling plan.
The SPE Hydraulic Fracturing Technology Conference showcases existing and new hydraulic fracturing technologies, using experiences from fracture-stimulated wells, and the application of global learnings.
The oil & gas business has seen its fair share of software vendors who claim magical results delivered via a black box approach.
We are excited to welcome Kevin Stambaugh to the Novi executive team! Kevin brings nearly 30 years of experience as a software and product development manager and has a strong record of strategic leadership across early and growth stage startups.
Over the past couple of months, the Novi product development team has been hard at work preparing the next round of enhancements to our AI-powered well planning software. We are excited to announce that version 19.2 has been released!
The second year of URTeC in Denver saw record-breaking attendance, clearly signaling the growing importance and hunger in the oil & gas industry to bring geoscience and engineering together under one roof to discuss the technical trends that are sustaining the shale revolution.
Leader in well planning solutions for unconventional development participates in URTeC panel and showcases latest technology for optimizing well design to enhance rate of return on capital.
On May 22 Novi’s chief geophysicist Kiran Sathaye gave a technical presentation at AAPG ACE 2019 in San Antonio on leveraging AI to predict hydrocarbon recovery.
Austin technology startup closes Series A funding round with Cottonwood Venture Partners and Bill Wood Ventures, announces appointment of new CEO to grow and scale Novi’s team and leading AI-driven well economics software platform.