Using Machine Learning to Customize Development Unit Spacing for Maximum Acreage Value

Using Machine Learning to Customize Development Unit Spacing for Maximum Acreage Value

Dear Subscriber,

We are excited to share a summary of our technical paper, "Using Machine Learning to Customize Development Unit Spacing for Maximum Acreage Value." This study examines how customized spacing configurations can enhance Estimated Ultimate Recovery (EUR) across various formations, maximizing the value of your acreage. Get the full paper here?


In this week's newsletter, we also share:

  • A have a recording of our latest webinar featuring Ted Cross, who demonstrated the capabilities of Novi’s new Insight Engine. From intuitive well mapping to real-time production analysis, Ted demonstrates how the Insight Engine simplifies screening investments, evaluating productivity drivers, and forecasting production. If you missed the live session, you can watch the full webinar here!
  • A clip of Energy Bytes podcast, where Ted Cross talks about the undeniable Argentina's shale potential.
  • We're growing rapidly and expanding our team across multiple departments. Visit our careers page to explore the six job openings available.

Enjoy the read!


Using Machine Learning to Customize Development Unit Spacing for Maximum Acreage Value

In this PDF, we explore how machine learning can optimize development unit spacing for maximum acreage value.??Discover key findings from our studies in the Midland and Martin counties, revealing the impact of strategic spacing on production. Want to know more? Download the full paper here!?


Introducing The Next-Gen: Novi's Insight Engine

Explore Novi's new Insight Engine in our on-demand webinar. From intuitive mapping to instant production analysis, see how we’re simplifying upstream workflows.


Houston PUG Q4 Meeting

Proud to sponsor the Houston PUG Q4 Meeting on November 14! Looking forward to an engaging event as the community connects and shares the latest developments


Current Job Openings

We're growing rapidly and expanding our team across multiple departments. Visit our careers page to explore the six job openings available.

- Senior/Principal Analyst - Austin / Remote (North America)

As an analyst at Novi, you will be at the forefront of revolutionizing how operators and inventory are valued. Leveraging our advanced upstream data, cutting-edge inventory models, and machine learning tools, you will help pave the way to a new, more accurate method of benchmarking energy companies and forecasting future energy supply

-Senior Software Engineer (Python) - Remote / Austin TX

Novi Labs is looking for an experienced Senior Software Engineer with a passion for systems thinking and careful design. This role is for an engineer to support and further develop our market-leading machine learning platform for forecasting and optimization.

-Account Executive - Remote / Austin TX

We’re hiring an Account Executive to drive growth at Novi Labs. If you’re a self-starter with a proven track record in SaaS sales and love a collaborative work environment, this could be your next big move!

-Senior Java/Full-stack Engineer - US Remote

We are in search of a seasoned Java engineer that has a passion for sound design and engineering practices and is adept at making reasoned short-term vs long-term trade-offs.

-Senior Data Engineer - The Netherlands (Rotterdam)

We are seeking a skilled and passionate Senior Data Engineer to join our dynamic team. In this role, you will be responsible for building, expanding and optimizing data pipelines.

-Senior/Mid Data Engineer - US Remote

We are seeking a highly skilled and passionate Senior Data Engineer to join our dynamic team. In this role, you will be responsible for building, expanding and optimizing data pipelines and architectures.


Ready to see what’s under the hood and how Novi Labs can help you get valuable insights?

Book your personalized demo with our team: https://novilabs.com/request-a-demo/


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