When you realize you're in for a long day…😶 #oott #oilgas #reservoirengineers #machinelearning #meme
Novi Labs
Software Development
Austin, TX 8,677 followers
The most accurate and timely oil & gas data, combined with the industry's most powerful machine learning software.
About us
Novi Labs provides an oil & gas data analytics platform that streamlines how E&P companies and energy investors scout for acquisition opportunities, make investment decisions and optimize drilling programs within one unified, end-to-end platform which blends market-leading upstream data, engineering analytics datasets and predictive analytics Novi's AI platform replaces the current outdated methods for A&D evaluation, asset optimization, and energy investment analysis. 1- Investment-grade data; Most accurate, complete, and timely data: Our oil and gas datasets offer unparalleled accuracy and completeness, delivered with industry-leading speed. 2- Plug and Play Machine learning Models: Building your own machine learning capabilities can take several months to years, and requires huge upfront investments (like hiring a team of data science experts). Novi gives you best-in-class analytics with no coding or maintenance required. 3- Pre-built and Interactive Dashboards: Our ready-made dashboards allow you to spot correlations and crucial trends in the data with an exceptional level of detail - before your competitors.
- Website
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https://bit.ly/3wH3w8v
External link for Novi Labs
- Industry
- Software Development
- Company size
- 11-50 employees
- Headquarters
- Austin, TX
- Type
- Privately Held
- Founded
- 2015
- Specialties
- 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, and Unconventional Oil And Gas
Products
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Novi Labs
Oil & Gas Software
Designed for fast, powerful insights of unconventional oil and gas. Access our interactive dashboards to easily spot trends, analyze competitors, and stay on top of energy markets. - User-friendly dashboards get you to answers without having to deal with a complicated interface - Realtime updates give you data the moment it is available. - Polished charts are ready for management presentations.
Locations
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Primary
Get directions
316 West 12th Street
Austin, TX 78701, US
Employees at Novi Labs
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Scott Sherwood
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Kevin Stambaugh
VP of Engineering & Data Science at Novi Labs
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Enno Peters
General Manager @ Novi Labs | AI-driven forecasting platform tailored for oil & gas operators and energy investors to turn data into actionable…
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Jon Ludwig
Founder of Novi :: AI driven datasets that drive energy investment decisions
Updates
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We're thrilled to share with you our latest acquisition analysis, "Permian Resources - Barilla Draw Acquisition", where we uncover the synergies, economic impact, and what it means for their future in the Permian Basin. In this week's newsletter, we also share: - A clip of a recent podcast episode, where Ted Cross explains how our proprietary data and advanced machine learning models set us apart from the competition. - A must-read article by our VP of Product Management, Ted Cross: "New Record in 2023: 6,000 Permian Horizontal Well Put on Production" - Also, we have an upcoming event where Ted will dive into key trends and emerging unconventional plays across the Lower 48 at the Austin Petroleum Landman Association. Enjoy the read!
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In a world of data overload, what truly sets us apart?🤔 Ted Cross shares how our proprietary data allows us to provide more accurate and timely data, giving our clients a real edge in their decision-making. Want to know more about how we're reshaping oil and gas analytics? 🎧 Listen to the full episode on the DEP podcast now! (Link in the comments) #oott #oilgas #datanalytics #proprietarydata #timelydata #oilandgasanalytics
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Mark your calendars!🗓️ Ted Cross is set to deliver an engaging talk on emerging trends and unconventional plays at the APLA September Luncheon. Join us on September 6th at the Enverus campus for a deep dive into the latest in the Lower 48. See you there! (Link in the comments) #oott #oilgas #emergingtrends #unconventionalplays #apla
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Reminder: Brandon M. will be presenting in just 2 days at the PRB Consortium!🚀 Let’s get ready for an insightful session on PRB’s latest trends. Don’t miss out! #oott #oilgas #powderriverbasin #prbconsortium
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New Report 🚨: Permian Resources To Acquire Oxy’s Barilla Draw Asset For ~$820MM Permian Resources just secured one of the top assets in the southern Delaware. Discover why this deal is set to boost their standing in the Permian Basin. Get the full report here! (Link in the comments) #oott #oilgas #acquisitionanalysis #delaware #permian
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We're excited to share with you one of our URTeC 2024 presentations, "Enhancing Production Efficiency: The Impact of Precision Targeting in the Midland Basin", where we analyzed over 18,000 wells to uncover how specific landing zones impact three-year cumulative oil volumes. In this week's newsletter, we also share: - A new podcast episode, where Ted Cross sat down with Geoff Jay and Bill Austin to explore the latest factors in unconventional well performance and how AI is changing the game. - One of our URTeC papers, "Enhancing Production Efficiency: The Impact of Precision Targeting in the Midland Basin", that reveals that secondary bench wells can experience up to 40% production loss when development is delayed. - A must-read article by our VP of Product Management, Ted Cross: "2024: Best US Shale Productivity Ever?" - A clip from our last webinar; "Uinta Unveiled: Can Permian-esque Results Justify SM's Purchase Price" where we explore the geological factors that contribute to better production and why SM's acquisition is positioned right in the sweet spot. - We also have a new job opening for a Inside Account Executive to join our Austin team. Enjoy the read!
Is 2024 the Best Year Yet for US Shale Productivity?
Novi Labs on LinkedIn
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Curious about how delaying secondary bench development impacts well productivity?🤔 One of our URTeC papers of this year, reveals that secondary bench wells can experience up to 40% production loss when development is delayed. Learn how machine learning models are helping operators optimize pad economics and make informed decisions. Download the full paper now! (Link in the comments) #oott #oilgas #machinelearning #wellproductivity #urtec
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Maximizing Efficiency in the Midland Basin 🚀 In this URTeC 2024 presentation, we explore how precision targeting can improve well productivity. Dive into the data-driven insights from our study, where machine learning reveals the impact of landing zone on well performance. #oott #oilgas #urtec #precisiontargeting #wellproductivity #datadriven #machinelearning