Press & Media
Data-driven Workflow Makes Better Use of Historical Data to Improve Return on Capital
Water, Water Everywhere: Using ML and Game Theory To Win at Produced-Water Forecasting
Latest News & Press Releases
Provides customers a fully self-service software platform for building machine learning models AUSTIN, Texas, March 2, 2022] Novi Labs, the AI company for energy
Novi Labs, the AI company for energy investing, announces the acquisition of ShaleProfile, the energy data analytics provider. ShaleProfile will provide the highest quality production and completion data for Novi’s self-service machine learning platform.
How much quality inventory does the Permian have left to drill? Novi Machine Learning models provide an objective perspective on this critical question. We will
We are honored to participate in the inaugural event of the SPE Permian Basin Reservoir Study Group — a panel on cube developments! We’ve been
We are excited to announce that three of our papers have been recognized as Best of URTeC 2020! At Novi, our team pushes the industry
Novi is excited to be exhibiting at BOOTH 4601 and presenting five papers! Click through for the full schedule.
Novi Releases Next Generation of AI-Driven Modeling Pipeline, Increasing the Accuracy and Efficiency of PDP Forecasting
09/30/2020: Novi Labs (“Novi”) today announced the release of the next generation of its artificial intelligence-based modeling pipeline. The first application of this patent-pending pipeline integrates a fully automated and highly accurate Proved Developed Producing (PDP) forecasting workflow that is integrated into Novi’s Forecast Engine™.
This allows reservoir engineers and financial analysts at oil & gas operators and financial services companies the capability to automate the generation of PDP forecasts with oil and gas AI software, driving improved accuracy of wedge forecasting, reserves forecasting, and valuation of acquisitions and divestiture opportunities.
Novi’s innovative approach to generating PDP forecasts utilizes Novi’s latest AI modeling pipeline to create highly accurate forecasts. Read the full PR here.