Exploration & Production

Market-leading data analytics platform built for E&P operators

An oil & gas data analytics platform for E&P companies to optimize development plans, effectively value A&D opportunities, and gain insights into the latest trends.

  • Access the most up-to-date, accurate and complete upstream data
  • Evaluate oil and gas assets with unprecedented speed & accuracy
  • A fully automated & configurable machine learning forecasting platform
E&P-oil-gas-analytics
Trusted by some of the world's top Oil & Gas and financial institutions
  • Shell
  • Blue OX Resources
  • Bedrock Energy Partner
  • Endeavor Energy Resources
  • Hite Hedge

Novi helps oil & gas operators improve decision quality, efficiency and return on capital

Novi Labs = make rapid & accurate investment decisions and optimize development planning

Without Novi

Whether you are valuing a potential acquisition, optimizing your next-year drill schedule, or preparing your quarterly budget, traditional forecasting methods are slow, biased, and fail to scale.

With Novi

Unlock value with the most advanced forecasting methodology in the market. Empower your team with data-driven tools. Identify opportunities to maximize NPV, IRR, or whatever metric is most important to your stakeholders.

The go-to Energy Analytics Platform

Simplify your development optimization, A&D, and budget/planning.

Novi helps E&P companies evaluate the value of assets, assess the risks, and customize drilling plans.

Upstream Oil & Gas Data

Comprehensive coverage of upstream assets continuously updated. Industry-leading datasets for production, completions, spacing, and much more.

Predictive Analytics

Accurately predict scenario-driven well or pad/units forecasts in hours and make more accurate forecasts in hours and make high-quality economic decisions.

Oil & Gas Insights

Easily analyze production and completion trends with an exceptional level of detail and make informed decisions faster with intuitive dashboards

E&P Data Analytics challenges

As an oil & gas operators, you’ve got hundreds of problems. Quality data analytics should not be another one.

Upstream Data Quality

Without high-quality data, you won't make high-quality forecasts. Public data has its limitations, but Novi's proprietary datasets and industry-leading allocation algorithm give your team reliable, accurate datasets. Novi has the most up-to-date, accurate and complete oil & gas data on the market.

Building & Maintaining Predictive Analytics

It's a long journey to go from code that runs on somebody's desktop to real software that your team can use reliably. Hiring software engineers and maintaining a codebase over years is NOT the business E&Ps should be in.

Data Visualization & Insights

In order for data to be truly useful, it must be analyzed and interpreted properly, which requires developing the necessary analytical skills and tools. Without these, even the most comprehensive and detailed dataset is unlikely to provide much value.

Limited Resources

With fewer engineers on the market and persistent pressure on G&A, operators have to learn how to do more with less. Novi Labs acts as a force multiplier for engineering teams with no coding or maintenance required.

Legacy Production Forecasting Methods

Traditional forecasting methods may have limitations such as limited data, lack of reservoir complexity consideration, and potential bias. They can offer general insights but should not be solely relied upon for major decision making. AI can potentially provide more accurate forecasting results due to its ability to process large amounts of data and identify patterns

It's a Risky Business

Operators put millions of dollars on the line for their exploration and development projects. Making the wrong decision comes with huge financial costs. By leveraging data science & machine learning, upstream oil and gas organizations can get a more accurate understanding of where and how to drill so they can proceed with confidence.

Currently facing similar challenges?

Book your personalized demo with our team

We can walk through your requirements, answer questions, and review ways Novi Labs can help your organization.

Run your production forecasting & analysis on the only platform that’s actually built for it.

Analytics-Ready Data

Analytical dataset creation. Sustainable & repeatable. High-value, proprietary datasets.

Oil & Gas AI

Industry-focused applications. Top tier customers. Rapid time to value.

Efficiency & Automation

Scenario-based drilling optimization. Rapid appraisal analysis. Fully automated well forecasting.

Create Value Today

Reduce development. Automate forecast workflows. Deploy quickly. Day one value.

The only oil & gas analytics platform E&P professionals need

How Can Novi Labs help you?

Spacing & stacking design

Drilling density is the most important decision you will make as an operator. Whether you're optimizing a five-level cube in the Permian or tuning up a single-zone development, Novi can help you identify the most economic decision.

Completions optimization

Forecast production, GOR, and WOR across a range of potential completions designs. Run sensitivities for cost and price across multiple zones and around the basin. Study interactions between completions design and spacing density.

Parent-child developments

Operators everywhere are dealing with parent-child degradation. How do you optimize your infill around existing parents? Novi can help you design your full development configuration to maximize returns.

Analyze inventory across the basin

How many Tier 1, 2, and 3 locations have been drilled? How does that compare to remaining locations? Novi provides data-driven rock quality maps for sophisticated inventory analysis and operator comparisons.

Save time on PDP forecasts

Novi Machine Learning makes generating PDP forecasts for oil and gas easy. These forecasts can be used for a variety of purposes such as screening business development opportunities, forecasting well performance and monitoring competitor activity. Engineers can save time by using Novi forecasts and focus on other projects.

Evaluate PUD potential

With Novi, you can generate accurate forecasts for undrilled locations in record time. This means more comprehensive evaluations for the bids that matter and time saved on the opportunities that don't. Improve your ground game with accurate forecasts all the way down to the quarter-section level or smaller.

Accurate production data

Production data is the most important data to get right for any analysis. Novi's proprietary datasets and industry-leading lease-to-well allocation algorithm give you the most accurate production data.

Understanding production drivers

What drives production? What variables are most important? How does that change from basin-to-basin and over time? Novi's machine learning platform creates production driver datasets that help you answer these questions and more.

Competitor surveillance

Analyze trends across your peer group. Novi provides spacing calculations, GOR/WOR data, subsurface data, completions, and more to help you keep on top of your AOI.

Novi Labs Product Videos

[Weekly Workflow] Understanding Well Spacing Trends

Join Scott Iceton as he breaks down the latest well ...
Read More →

[Weekly Workflow] Seamless Data Integration: Novi’s Upstream Data in Spotfire

In this Weekly Workflow video, Scott Iceton demonstrates how you ...
Read More →

[Weekly Workflow] Horizontal Drilling Activity Trends

Curious about how commodity price swings affect drilling operations? Join ...
Read More →

Book a Personalized Demo of Novi Labs

Get your questions answered in a personalised demo

Ready to see what's under the hood and how Novi Labs can help you to get valuable insights?

Meet Novi Labs' knowledgeable experts.

Invite to Speak

Our team of experts is passionate about sharing valuable insights on US energy. Please provide us some information about your event, and we will get back to you as soon as we can

Date
This field is for validation purposes and should be left unchanged.