Oil & Gas Glossary

Feature Engineering​

Confused by multitude of oil & gas data and analytics terms? Get easy-to-understand definitions in our glossary.

What is Feature Engineering?

The process of using domain knowledge to create features that make machine learning algorithms work. This is especially important in oil and gas where expert knowledge can significantly improve model performance.
 
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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.