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AI advisor helps exploration geologists make better, faster predictions

IBM: Oil & Gas

We gained these benefits from a recent project to apply artificial intelligence (AI) to early exploration research. This helps them to make better and faster decisions in the intense competition for gas and oil exploration contracts. Finding the relevant information by conventional means is time consuming.

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Introducing Novi’s Insight Engine

Novi

Since then, weve built the industrys highest-quality database, incorporating cutting-edge AI to enhance your understanding of spacing, landing zones , and future production with unprecedented precision. Explore the details below or scroll to the bottom for our video demo and a firsthand look. But we are not stopping there.

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URTeC 2024 Recap: Insights and Highlights from the Novi Team

Novi

The highlights and links to the papers are here: Enhancing Production Efficiency: The Impact of Precision Targeting in the Midland Basin We highlighted the production and economic effects of the landing zone and the benefits of landing wells in the top half of the Lower Spraberry Shale or high in the Jo Mill.

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

Novi

As an operator decides between 440, 660, or 880 foot spacing, what are the production impacts in each scenario? In this series, we will explore the reasons behind these limitations, and the corrective solutions implemented by Novi algorithms. Figure 3: Spacing and production in the Delaware Basin.

Basin 52
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Unlock and accelerate data up and down the energy value chain with IBM Open Data for Industries

IBM: Oil & Gas

Data platforms must combine business and technology drivers to be successful and platform choice really matters. The ODSU Forum works collaboratively to build a cloud native data foundation with application-specific (API) and industry-data standards for seamless data access and integration.

Energy 40
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BRAZIL POTASH GRO-NYSE THE MOST COMPELLING BUSINESS CASE IN GLOBAL RESOURCES

Oil and Gas Investments

Production from Latin America represents just a sliver of overall supply. That mine is owned by Mosaic, who will give the mine a small increase in production in 2024 from 350,000 tonnes to 400K. But that is about to change when Brazil Potash’s Autazes mine lifts off into production. Getting to production is the challenge.

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The Value of This LARGE SCALE Gold Deposit Is Getting Ready to Jump

Oil and Gas Investments

With 94% of the resource known to be in mineralized bands, the exploration risk to take this Inferred 5.2 Nobody was the OBVIOUS driver. GSHR has only drilled 4km of the immediate 8km Moss corridorso LOTS of exploration potential left. GSHRs Moss deposit is 100 km west of a big resource hubThunder Bay, Ontario.