Proprietary Data
The reliability of public well data has long worried operators and investors, with accuracy posing a challenge in states like Texas and Louisiana where well-level production data isn’t reported. For that, Novi Labs has developed a solution by licensing data from operators and releasing it monthly, with the aim of enhancing data accuracy.
Trusted by some of the world’s top oil & gas and financial institutions
Elevating oil & gas investments through proprietary data access
Novi Data Sharing is designed for energy professionals who need to evaluate well performance, conduct in-depth economic analyses, and make informed investment decisions with ease. It removes complexity, errors, and data lag by providing comprehensive, licensed data from leading US operators, accessible through our data visualizations.
Monthly Well-Level Production Data and Other Well Data Types
Comprehensive coverage of upstream assets, continuously updated with industry-leading datasets for production, completions, and spacing, including proprietary data at the individual well level.
>1 MM Barrels of Oil per Day in Texas
Starting in late 2022, Novi has amassed a database of several thousand wells. Novi publishes the actuals for over 20,000 wells producing more than 1 million barrels a day licensed from top L48 operators.
Data accessible through intuitive dashboards
Easily analyze well-level production and completion data with an exceptional level of detail and make informed decisions faster with intuitive dashboards
Why rely solely on public data when you can leverage the power of proprietary data?
Industry-leading data accuracy
Novi’s Data Sharing gives you access to exclusive, highly accurate production data you won’t find anywhere else.
Operator-Provided Data
This dataset delivers exclusive, granular well-level production data, offering unparalleled insights into the performance and efficiency of each well.
Fully Integrated into the Novi Platform
All data has been merged, cleaned, and vetted by Novi reservoir engineers, and is now ready for use with just a single click.
What challenges are we solving with Novi's Data Sharing?
As an oil & gas operator, you’ve got hundreds of problems. Data quality shouldn’t be one of them.
Escape the Noisy Allocated Data Hell
Novi Labs offers the most accurate allocated production data for oil, gas, and water, and when including our licensed proprietary data, the accuracy is unmatched.
Assess Individual Well Performance
Accurate well-level production data is limited in states like Texas and Louisiana, which do not report it. Our customers can outperform their peers and make informed decisions by leveraging exclusive proprietary sources for detailed well performance analysis.
Conduct Well-Level Economic Analyses
Conducting well-level economic analyses is impractical with outdated, error-prone lease-level data. Out-analyze peers by evaluating NPV, breakeven points, and other metrics to predict revenue from future production.
Novi's Data Sharing: how does it work?
Novi Labs has acquired licenses for production data and other data types from both operators and royalty companies. This license allows Novi to release highly accurate monthly data provided directly by these companies. This, in turn, empowers customers to precisely analyze well performance, enhance investment decision-making, and minimize the uncertainties associated with noisy allocated data.
How does Novi's Data Sharing add value?
Enhanced development optimization, improved acquisitions & divestiture valuations, and streamlined planning and budgeting
Accurate production data from proprietary sources
- Access the most accurate well data possible, using proprietary sources that cannot be accessed anywhere else.
- Accurately analyze well performance, improve investment decisions, and minimize work forecasting around noisy allocated data.
Improved lease allocation production data
Gain an edge in A&D evaluations
- BD teams are often at a disadvantage the moment they step away from their core areas because they lack proprietary datasets.
- Novi Labs gives BD teams a proprietary dataset to use in A&D valuations. Generate highly accurate forecasts and look for optimization opportunities, even in basins you haven't worked before.
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.