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Novi Labs

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novi is oil and gas forecasting software driven by machine learning

Our cloud based shale oil & gas oil drilling software platform is designed to improve economic outcomes and drive efficiency for oilfield drilling operators and investors.

The novi software platform

The Novi Data-Model-Forecast oil and gas software workflow drives forecast efficiency, accuracy and scale

image/svg+xml DATA ENGINE NOVI CLOUD MODEL ENGINE:BUILD MODEL ENGINE:EVALUATE FORECASTENGINE
image/svg+xml DATA ENGINE NOVI CLOUD MODEL ENGINE:BUILD MODEL ENGINE:EVALUATE FORECASTENGINE

Novi data engine

well production software

Novi is a complete data management solution to create oil & gas analytical datasets with oilfield mapping software

DATA QUALITY: Create business rules that filter wells based on data quality, set dataset precedence, and clearly show why wells are being filtered out with our well investment software.

SPACING: Configure Novi spacing algorithms and data quality based filtering rules.

SUBSURFACE: Create, manage and connect to subsurface datasets in our completions software.

SCALABLE: New or updated data from multiple sources can be immediately integrated and published in minutes.

oil and gas design software called novi data engine
Novi Data Engine Oil and Gas Software
Watch Data Engine Release Video

NOVI FORECAST ENGINe

well planning software

Dynamic ML model interaction driving asset valuation & optimization workflows

drilling and well data software solutions called novi forecast engine
Novi Forecast Engine Oilfield Production Software

FAST: Novi automatically calculates the spacing & subsurface data for all your PUD & PDP wells in our oil and gas well forecasting software.

SCENARIO DRIVEN: Novi Forecast Engine calculates spacing given:

  • Existing PDP wells & proposed PUD well inventories.
  • User defined configuration.

FLEXIBLE: Forecast Engine unblocks scenario driven analysis, including use cases like:

  • Spacing impact of different development plans.
  • Infill vs. co-development.
  • Stimulation impact given subsurface and spacing: oil field software outputs

Use Case: Using our oil and gas forecasting software to evaluate delay-vs. infill for Parsley’s acquisition of Jagged Peak: watch video

NOVI MODEL ENGINE

digital oilfield software

Domain specific AI engineered to produce explainable well forecasts

EFFICIENT: Data driven forecasting models producing basin wide well forecast scenarios in minutes with our oil and gas production software.

EXPLAINABLE: Instantly learn how and why a Novi model made any forecast for any well.

  • Which variables drove model predictions up or down, measured in units of bbls or mcf.
  • Exposes which wells the Novi model thought were analogs for any Novi forecasted well.

DOMAIN SPECIFIC ADAPTATION: Novi AI is tuned specifically for the oil & gas forecasting problems

  • Automated calculation of well specific data, such as spacing, stacking and parent/child attributes is built into our oilfield software.
  • Automated AI algorithm selection and tuning.
  • Automated correlated data filtering.
cloud based drilling software driven by AI and machine learning called novi model engine
Novi Model Engine Using AI Oil Drilling Software
Video :: Understanding contributing wells in the Williston

NOVI CLOUD

oil & gas analytics software

Novi Data outputs optimized for instant analysis in BI tools

cloud-based capital planning oil and gas software called novi cloud
Novi Cloud Storage with Oil and Gas BI Software Tools

ANALYTICS READY DATA: Novi products automatically publish analytical data outputs that are pre-optimized for business intelligence tool consumption in our oilfield production software.

EFFICIENT: Quickly connect to new versions of analytical datasets in Novi Cloud.

SCALABLE: Publish analytical datasets in BI friendly format to Novi Cloud in minutes.

DYNAMIC: Data sourced from ‘data room’ sources can be immediately published & shared to Novi Cloud oil and gas reporting software.

VIDEO :: USE NOVI CLOUD TO UNDERSTAND DELAWARE PRODUCTION DRIVERS

Reach out

Novi’s AI-driven well planning software is the only product of its kind that revolutionizes the way oil & gas investments are made. Drop us a line to request more information by clicking the button below!

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1905 Aldrich Street, Suite 220
Austin, Texas 78723

intro@novilabs.com
512.368.9042

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