IBM: Oil & Gas

APRIL 27, 2021

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. From acquiring licenses to starting production can take over a decade.

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Novi

JULY 19, 2024

Novi Labs Papers Novi authored and presented 5 papers throughout the week, plus an alternate paper. We also explored the possibility of unsupervised clustering of machine learning-derived rock quality as a way of binning curves. Daily oil production from horizontal wells, segmented by year of first production.

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Novi

OCTOBER 10, 2024

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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Novi

JULY 30, 2024

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.

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Oil and Gas Investments

NOVEMBER 27, 2024

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. Production from Latin America represents just a sliver of overall supply. Getting to production is the challenge.

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Oil and Gas Investments

SEPTEMBER 17, 2024

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. Source: Goldshore Investor Presentation But this deposit has the potential to get expanded EVERYWHEREit is open at depth, and along strike.see this map: 3. Its close to very cheap power ($0.08/KwH)

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