Trusted by some of the world’s top Oil & Gas and financial institutions
Here you can easily evaluate the economic performance of producing wells or new drills in any area. Simply state your economics assumptions, and using our forecasts and pricing data from the CME, you can immediately see financial metrics like (remaining) NPV, ROI etc. for 100s or 1,000s of selected wells, either in table format, on a map or in graphs.
Which wells have a high remaining NPV? How many wells have reached the end of their economic live? What is the break-even price of certain wells? Here you will find the answer to these and related questions.
Key Questions
- What is the (remaining) NPV or profitability index of wells in a specific area?
- What is the sensitivity of different economic assumptions to several key economics metrics?
- How many wells have already reached the end of their economic lives or will do so soon?
- What is the break-even WTI/HH price of a set of given wells?
Capabilities
- Includes an advanced economics model which immediately calculates key financial metrics (NPV, PI, ROI, Cash Flow, etc) based on your assumptions for any set of selected wells.
- Production data and forecasts are continuously updated with the latest data.
- WTI & HH prices are imported daily, but also a fixed price can be specified
- View results in a table, on a map, or in charts
Quick Walkthrough
This short video highlights the core functionalities of our product and how it can benefit you
What Makes Novi Insights Powerful?
Depth and Breadth
From high-level overviews to granular technical and economic analysis, Novi Insights mapping technology delivers everything you need in one place.
Fast updates
We're faster than any other energy data provider. Our data is updated frequently, often hourly, from a broad range of trusted sources
Advanced Mapping
Our mapping and charting technologies offer detailed insights into oil production and completion data. Select an area, operator, or time period with a click, and instantly access responsive graphs for meetings or presentations
Well-level proprietary data
Our unique datasets, including non-allocated production and proprietary completions insights, reveal a game-changing perspective on the oil and gas industry
Ready to see what Novi Labs can do for your team ?
We can walk through your requirements, answer questions, and review ways Novi Labs can help your organization.