EP 31 · Benchmarking Operator Performance in the Williston Basin using a Predictive Machine Learning Model

EP 31 · Benchmarking Operator Performance in the Williston Basin using a Predictive Machine Learning Model

How do you separate operator skill from rock quality? In this episode of The Novi AI Roundup, we explore how predictive machine learning models are being used to benchmark operator performance in the Williston Basin. Drawing from the technical paper “Benchmarking Operator Performance in the Williston Basin using a Predictive Machine Learning Model”, we examine how ML normalizes for geology, spacing, and development conditions to uncover the true drivers of well performance, and why apples-to-apples benchmarking matters in mature unconventional plays.This podcast episode is based on the technical paper “Benchmarking Operator Performance in the Williston Basin using a Predictive Machine Learning Model”, authors: D. Niederhut, K. Crifasi, K. Darnell, K. Sathaye, T. Cross. Download the full paper here. [https://novilabs.com/resources/urtec-2020-benchmarking-operator-performance-in-the-williston-basin-using-a-predictive-machine-learning-model/]

EP 30 · Machine Learning Methods in the Williston: A Case Study in Productivity Decay and the Implications for Inventory Exhaustion

Is the Williston Basin running out of its best rock? In this episode of The Novi AI Roundup, we explore how machine learning is uncovering signs of productivity decay and what that means for future inventory. Drawing from the technical paper “Machine Learning Methods in the Williston: A Case Study in Productivity Decay and the Implications for Inventory Exhaustion”, we examine how well performance evolves as development expands, and how ML helps identify shifts in location quality that traditional analysis can miss.This podcast episode is based on the technical paper “Machine Learning Methods in the Williston: A Case Study in Productivity Decay and the Implications for Inventory Exhaustion”, authors: B. L. Myers, B. Davis, R. Duman, T. Cross. Download the full paper here. [https://novilabs.com/resources/urtec-2021-machine-learning-methods-in-the-williston/]

EP 29 · Quantifying the Diminishing Impact of Completions Over Time Across the Bakken, Eagle Ford, and Wolfcamp Using a Multi-Target Machine Learning Model and SHAP Values

How long does the impact of completions really last? In this episode of The Novi AI Roundup, we explore how machine learning and SHAP values are used to quantify the changing influence of completion design over the life of a well. Drawing from the technical paper “Quantifying the Diminishing Impact of Completions Over Time Across the Bakken, Eagle Ford, and Wolfcamp Using a Multi-Target Machine Learning Model and SHAP Values”, we examine how completion-driven uplift peaks early, fades over time, and gives way to geological and reservoir-driven performance across major U.S. plays.This podcast episode is based on the technical paper “Quantifying the Diminishing Impact of Completions Over Time Across the Bakken, Eagle Ford, and Wolfcamp Using a Multi-Target Machine Learning Model and SHAP Values”, authors: T. Cross, D. Niederhut, A. Cui, K. Sathaye, J. Chaplin. Download the full paper here. [https://novilabs.com/resources/urtec-2021-diminishing-completions-impact-over-time/]

EP 28 · Use of Machine Learning Production Driver Cross-Sections for Regional Geologic Insights in the Bakken-Three Forks Play

What if production data could reveal hidden geologic structures? In this episode of The Novi AI Roundup, we explore how machine learning uses production driver cross-sections to uncover regional geologic insights in the Bakken-Three Forks play. Drawing from the technical paper “Use of Machine Learning Production Driver Cross-Sections for Regional Geologic Insights in the Bakken-Three Forks Play”, we examine how subsurface variability impacts well performance, and how these insights can guide better targeting and development decisions in a mature basin.This podcast episode is based on the technical paper “Use of Machine Learning Production Driver Cross-Sections for Regional Geologic Insights in the Bakken-Three Forks Play”. Authors: T. Cross, K. Sathaye, J. Chaplin. Download the full paper here: https://novilabs.com/resources/urtec-2021-machine-learning-bakken-production-drivers/

EP 27 · Are Unconventional Well Performance Gains Exhausted?

Are unconventional well performance gains starting to slow down? In this episode of The Novi AI Roundup, we explore whether the steady improvements in shale productivity over the past decade are reaching their limits. Drawing from the URTeC 2021 paper “Are Unconventional Well Performance Gains Exhausted?”, we analyze how factors like longer laterals, larger completion designs, and development intensity have driven year-over-year production improvements, and what machine learning reveals about the future trajectory of well performance across major U.S. unconventional plays.This podcast episode is based on the technical paper “Are Unconventional Well Performance Gains Exhausted?”, authors: T. Cross, J. Chaplin, K. Sathaye, A. Cui. Download the full paper here. [https://novilabs.com/resources/urtec-2021-unconventional-well-performance-over-time/]