Oil & Gas Glossary

Time Series Analysis​

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

What is Time Series Analysis?

Methods for analyzing time series data in order to extract meaningful statistics and other characteristics. This is particularly relevant in the oil and gas industry where many measurements are taken over time, such as production rates or equipment sensors.
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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.