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When Numbers Lie: What Permian Basin Spacing Trends Don’t Tell Us About Well Performance

Novi

Examining the relationship between oil production and proppant , we see both the Delaware Basin (Figure 1) and Midland Basin (Figure 2) showing a production increase with proppant intensity. Figure 1: Delaware Basin 12 month cumulative oil production per lateral foot, plotted against proppant per lateral foot used in the completion.

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URTeC 2024 Recap: Insights and Highlights from the Novi Team

Novi

Novi Labs Papers Novi authored and presented 5 papers throughout the week, plus an alternate paper. Absolute percent error type curves vs machine learning Analyzing Midland Basin Well Performance and Future Outlook with Machine Learning Through this analysis, we modeled the entirety of the Permian Midland twice.

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AI advisor helps exploration geologists make better, faster predictions

IBM: Oil & Gas

Plus, especially in early exploration, it exists predominantly in unstructured sources such as reports, presentations, spreadsheets and operational logs. When studying a particular exploration tract, we can ask questions like “What reservoir formations are in this basin?” ” and get an intelligent answer.

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BRAZIL POTASH GRO-NYSE THE MOST COMPELLING BUSINESS CASE IN GLOBAL RESOURCES

Oil and Gas Investments

In Q3 investor presentation, Nutrien included the following slide. Source: Nutrien Q3 Presentation Nutrien said the cost of producing potash for the Brazil marketthe fastest growing in the worldhas gone WAY, WAY up. Source: Nutrien Investor Presentation There is just a single potash mine in Brazil – Taquari-Vassouras.

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