Read through our posts covering real world applications of machine learning in oil & gas using AI-driven software and data tools. Learn from seasoned, experienced industry veterans as they go into technical topics related to machine learning, artificial intelligence, risk, and digital oilfield.
We welcome guest writers working in the oil and gas industry. They work with oil and gas machine learning models using AI software to solve complex problems and optimize capital. If you would like to contribute a post or have an idea for us, send us a note.
Reservoir Engineering in the Age of AI: Navigating the Changing Landscape
The oil and gas industry has always been quick to adopt technological advancements, from early drilling methods to advanced seismic techniques, constantly pushing the boundaries …
Is It Really Worth Building Your Own Oil & Gas Analytics Platform?
Since 2014, oil and gas companies have had to learn to do more with less. With investor pressure on G&A budgets and technical talent permanently …
Can unconventional well productivity predict peak oil and gas production?
Have we reached peak oil? Predict the performance and productivity of the major basins like the Permian and Eagle Ford with Novi Insight.
Is it worth It? Quantifying the value of collecting and interpreting subsurface data. [URTeC 2022 Novi Paper Summary]
Rejoice geologists, geophysicists and petrophysicists! We provide a novel approach to answer the question: Is it worth it for the industry to spend hundreds of millions of dollars each year to collect and interpret subsurface data? In short, you bet!
Overcoming barriers to data-driven workflows: introducing Novi Model Engine
Although shiny machine learning algorithms get most of the attention, data preparation takes the most work. Erroneous completions data must be fixed or removed. Messy formation names need to be cleaned up.
Public Data Models: Better Than Anyone Expected
We have all heard the saying “garbage in = garbage out” when it comes to creating any sort of statistical model. You may have even …