EP 16 · Enhancing Production Efficiency: The Impact of Precision Targeting in the Midland Basin

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The Novi AI Roundup

Novi Labs

19 episodes

3 days ago

Welcome to The Novi AI Roundup, the podcast that brings you sharp insights, bold conversations, and repurposed gems from our most impactful content at Novi Labs. Whether it's AI-powered forecasting, the latest in energy innovation, or the future of reservoir engineering, we’ve got the mic on what matters. Each episode transforms our internal know-how, blog gold, and field-tested wisdom into candid discussions. Expect punchy takes, no-fluff breakdowns, and the occasional cowboy hat.

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EP 16 · Enhancing Production Efficiency: The Impact of Precision Targeting in the Midland Basin

The Novi AI Roundup

14 minutes 33 seconds

1 month ago

EP 16 · Enhancing Production Efficiency: The Impact of Precision Targeting in the Midland Basin

How much does landing zone really matter? In this episode of The Novi AI Roundup, we explore how precision targeting is reshaping development planning in the Midland Basin. Drawing from the technical paper “Enhancing Production Efficiency: The Impact of Precision Targeting in the Midland Basin”, we break down how machine learning reveals meaningful performance differences within benches, and how optimizing targeting decisions can unlock over $2 million in additional value per well.This podcast episode is based on the technical paper “Enhancing Production Efficiency: The Impact of Precision Targeting in the Midland Basin”, authors: S. Christian, T. Cross, J. Garzon. Download the full paper here.