Novi Labs

Founded 2014

Forecast oil and gas well performance and plan subsurface field development

You can use Novi Labs to analyze subsurface data and forecast oil and gas well performance. The software combines machine learning models with reservoir datasets to let energy operators evaluate drilling locations, completions designs, and well spacing strategies. You can upload geological and production information to simulate multi-well development scenarios and test economic outcomes before committing capital to field projects. Technical teams use it to make data-backed drilling decisions, evaluate asset risk, and identify high-value acquisition targets across various shale plays and energy basins.

What Novi Labs does

Build machine learning models to forecast well productionSimulate horizontal well spacing across multi-well drilling padsImport proprietary reservoir and completion dataExport production forecast models into economic evaluation systemsCompare drilling parameters against competitor performance dataAnalyze historical production trends in major shale basinsForecast cumulative production and decline curves for oil and gas wellsModel subsurface well interference and fracture spacing effectsGenerate automated forecasts across thousands of drilling locationsIngest public and proprietary basin data into machine learning modelsSimulate economic scenarios based on drilling and completion parametersBenchmark operator acreage and field performance against competitors