??NEW REPORT: Will Coterra’s $3.95B Delaware Gambit Pay Off? Coterra Energy’s $3.95 billion acquisition of Avant Natural Resources & Franklin Mountain Energy, LLC marks a major step forward, targeting high-quality, oil-rich locations in the Delaware Basin. As detailed in our latest Novi Intelligence report, this deal adds 400-500 premium drilling locations and boosts Coterra’s Permian oil production by 5-10%. This game-changing move not only aligns Coterra with top industry peers but also solidifies its status as a leading operator in the Permian Basin. Access the complete analysis here: (Link in the comments)
Novi Labs
软件开发
Austin,TX 9,935 位关注者
The most accurate and timely oil & gas data, combined with the industry's most powerful machine learning software.
关于我们
Novi Labs transforms how energy companies and investors evaluate assets, seize acquisition and divestment (A&D) opportunities, and optimize development planning through AI-powered analytics and proprietary data. By moving beyond outdated workflows, we empower engineers and decision-makers in the energy sector to drive impactful change. Thousands of companies around the world rely on Novi's Energy Analytics to accurately allocate capital and evaluate energy assets. Today, Novi isn’t just an analytics solution—it’s a competitive edge used by top operators and energy investors to maximize profits.
- 网站
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https://bit.ly/3wH3w8v
Novi Labs的外部链接
- 所属行业
- 软件开发
- 规模
- 11-50 人
- 总部
- Austin,TX
- 类型
- 私人持股
- 创立
- 2015
- 领域
- Machine Learning、Data Science、Predictive Modeling、Data Analytics、Oil & Gas、Pre-Drill Type Curves、Insight Discovery for Oil & Gas Shale Operators、US Shale Exploration、Shale Oil & Gas、Energy Analytics和Unconventional Oil And Gas
产品
Novi Labs
石油与天然气软件
Dive into energy market insights at the speed of thought. Novi Insight Engine arms you with proprietary well-level data your peers can’t access. Instantly evaluate well performance, understand market trends, conduct economic analyses, and predict future well production through intuitive, interactive mapping. No data prep, no learning curve—just powerful, actionable intelligence in minutes.
地点
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主要
316 West 12th Street
US,TX,Austin,78701
Novi Labs员工
动态
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This week’s newsletter dives into the latest extended-lateral trends in the Permian, breaks down Diamondback’s strategic asset swap—45% Vermejo decline versus 350% Midland growth—highlights our ML-driven completions insights from URTeC, and features Dillon Niederhut PhD’s upcoming SPE DSEATS webinar.
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Traditional scaling methods fall short when it comes to capturing evolving well dynamics. This study uses machine learning to provide time-dependent scaling factors for proppant, fluid, and spacing, leading to more precise production models and smarter economic decisions. Download the full paper to dive deeper into the findings! (Link in the comments)
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The Vermejo asset’s oil production has declined by ~45% since its peak, while TRP Energy, LLC’s Midland production has skyrocketed an impressive ~350% year-over-year. Diamondback Energy’s asset swap isn’t just about location, it’s about leveraging production trajectory. Get all our insights in the Diamondback–TRP Asset Swap Novi Intelligence report https://lnkd.in/etDPW7wA
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Thank you to Hart Energy for leading critical conversations on AI at DUG 2024, and to everyone who joined and shared their insights. These discussions are vital to shaping the future of our industry, and we’re excited to be part of them.
Industry experts shared valuable insights on the implementation and challenges of AI technology in the sector. Sushma Bhan, Director of Ikon Science, emphasized the critical importance of embracing AI: "The biggest risk is not using AI at all. Embrace it." Jon Ludwig, President and Co-Founder of Novi Labs, highlighted the complexity of implementing AI effectively: "It's relatively easy to take data and stick it into a model and look at the results. It's difficult to make sure the results tell you something useful."
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We’re hiring a Senior Data Scientist! Join Novi Labs to drive real-world impact by solving complex problems with machine learning and automation in the energy sector. If you’re passionate about designing data-driven solutions and enjoy a collaborative, agile environment, we want to hear from you! Apply now! https://lnkd.in/eC5ZdqSh
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Join us for an exclusive SPE Webinar! On December 11th, Dillon Niederhut PhD, Head of Data Science at Novi Labs, will dive into the fascinating world of causal inference. Learn how to identify the true variables influencing outcomes and make smarter decisions that can save millions. From reservoir management to production optimization, Dillon will share real-world examples to show how causal inference transforms petroleum engineering. Don’t miss out, register now! (Link in the comments) SPE DSEA Technical Section
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AI is reshaping the oil & gas industry- learn how tomorrow at DUG Executive Oil Conference! Join Jon Ludwig of Novi Labs and Sushma Bhan of Ikon Science as they share: - Real-world success stories of AI in well operations - Practical advice on adopting the right technologies - Insights into increasing efficiency and production See you there! More info here https://lnkd.in/exMrieSy
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Time for a change! ??♂? #oott #meme #oilgas #investments #publicdata #ai #proprietarydata