Novi Insight Engine

Well Economics

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

Capabilities

Want to see for yourself how intuitive and easy it is to use?

INTRODUCING CAUSAL MODELS

Accurate forecast on parent-child developments

In this live webinar, you will learn how Novi’s new algorithm improves model sensitivity for spacing and parent-child scenarios, providing powerful results for previously difficult-to-analyze problems.

Ted Cross, our VP of Product Management, will show you how this update improves spacing and infill scenario analysis without sacrificing model accuracy.