Driving Oil & Gas Efficiency with Precision Well Data.

Target Formations

Which formation did the well target? Knowing this is critical for understanding production drivers. Novi’s experience in working with operators over many years has led to the development of unique intellectual property and algorithms to assign landing zones. The combination of our experience, subsurface data, directional surveys, proprietary data, and operator feedback ensures the right formation assignment.

Join the ranks of industry leaders that have overcome bad upstream data problems by using Novi Labs
  • Shell
  • Blue OX Resources
  • Bedrock Energy Partner
  • Endeavor Energy Resources
  • Hite Hedge

Definition

What is Target Formations?

In the context of the oil and gas industry, the term “target formation” refers to a specific geological layer or reservoir zone that exploration and drilling activities aim to reach and produce hydrocarbons from. When conducting exploration or drilling operations, oil and gas companies target formations that are believed to contain economically viable quantities of oil or natural gas.

Why Novi Labs Upstream Data?

We offer the most up-to-date, accurate and complete oil & gas data on the market.

Operator-provided data

Novi Labs has licensed production data from its operator and royalty customers. This license allows novi to get non-public data like daily well-level production in Texas, operator-provided proppant, fluid, stages, clusters, and target formations

Fast & Reliable

Support your analysis with reliable oil well data. We ensure that public data is processed and made available to you the moment it is available. Significant efforts are made to ensure completeness and accuracy.

Industry-Leading Data Science

Novi builds analytics-ready, investment-grade datasets. We apply our data science expertise to automate quality checks, identity bad data, and improve data quality.

What's covered?

All production & completion oil & gas data required for advanced analytical workflows.

  • Well header data
  • Production
  • Highly accurate lease-to-well allocation
  • Completions
  • Operator-provided proppant
  • Subsurface & landing zones
  • Acreage maps
  • Well tests
  • Well permits
  • Fluid
  • Clusters
  • Directional survey data
  • Well spacing
  • Production forecasts
  • Vertical and horizontal wells included
  • Target formations
  • Stages

Not sure how our oil & gas data could fit your needs?

Explain us your interests and the key questions that you face and we will show you in a live session how Novi Labs can support you.

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