Product Videos Contributing Wells Using Novi Production Modeler Software to See Which Wells Contributed to the Prediction How do tree based machine learning models come up with forecasts for oil & gas wells? In this video, we look at an example use case in the Williston Basin, using Novi’s Production Modeler to see which wells […]| Novi Labs
Machine learning is helping the oil and gas industry increase ROI, cut costs and improve efficiency. Application of machine learning| Novi Labs
We explore oil well design completions using machine learning models to forecast. A smart well drilling and completion design drives profit.| Novi Labs
We explore the inherent bias in any oil & gas forecast and how we can minimize these well forecasting mistakes using machine learning models.| Novi Labs