@SouthwestAir how far the fall to get where we are. Your brand promise was:
1/reasonable fare
2/we are all in it together when it comes to seating
3/your bags fly free…your bags fly free…YOUR BAGS FLY FREE
4/if you fly us a lot we will treat you AND your family well
…and now
you’re just another @SpiritAirlines, @easyJet,@Ryanair copycat. The only difference is they are honest with their customers about who they are
Quick shout out to the great folks at @raindesigninc - been using their MBP Towers and stands for years; high quality and great cust svc when you need it raindesigninc.com/products.h…
As Operators move from first to second tier acreage, completions designs and spacing must change relative to the diminished quality of acreage. This post and URTEC presentation captures one facet of this that drives LOE - increased water production
Operators in the Bakken have gone from drilling oil wells that produce some water to water wells that produce some oil. Why?
This is the subject of our latest URTeC preview post!
novilabs.com/water-everywher…
/jvl retweeted
How many of you have you seen a single scaling factor applied over the life of a well for a completions variable? 🙋♂️
Our models can show WHEN proppant has an impact on production -- the subject of an upcoming Novi URTeC paper.
novilabs.com/the-changing-im…
/jvl retweeted
90% of ShaleCos have peer-leading performance ... at least according to their IR decks 🙄
How do you cut through the fluff to identify overperformers to learn from or underperformers to acquire?
Hint: Machine Learning ::::
novilabs.com/building-unbias…
Thanks to Garth Stotts for another insightful look at #Oil industry asset impairments that have alienated financial services from continuing to invest in the industry.
New Novi guest blog post today from oil exec Garth Stotts outlining the reasons why #Oil companies stay in plays for too long and then suffer massive write-downs. How can #MachineLearning driven software like Novi help? novilabs.com/alpine-high-how…
Great to sit down with the Digital Wildcatters guys, always an interesting conversation.
Have a listen to the Digital Wildcatters podcast interview of @jonvludwig where they visit on how #digitaloilfield companies like #novilabs are pivoting to address customer needs given #oilpricewar and #COVID19 induced demand shock
digitalwildcatters.com/novi-…
/jvl retweeted
Novi President @jonvludwig sat down with the Digital Wildcatters guys and recorded a live demo for their Digital Oilfield bullpen. digitalwildcatters.com/the-b…
Ouch!!!
Very tough times for the Permian these days - JPT article today observes large frac fleet buildups and as my father-in-law says, "A lot of steel in the yard". pubs.spe.org/en/jpt/jpt-arti…
Great analysis from Ted Cross - I believe that rapidly evaluating acquisitions is going to be a survival skill in the present #OilPriceWar environment #MachineLearning #digitaloilfield
Whiting Petroleum ($WLL) has declared bankruptcy -- is there any value lying hidden in their #bakken portfolio? We calculated breakevens and returns across their acreage using our machine learning models to identify the best remaining opportunities. novilabs.com/finding-hidden-…
Selling my well matched home theater equipment. DM me if you're interested: austin.craigslist.org/ele/d/…
Great analysis by my colleague @tedcross ... and done in 1.5 man days. How long do you think it would take to do this depth of analysis using spreadsheets and an abacus?
How can Parsley Energy $PE economically develop its newly-acquired Jagged Peak acreage now that oil is $30? We lay out a plan that gives solid short-term returns while preserving upside for a recovery. #OOTT #OilPriceWar #Permian
novilabs.com/revisiting-the-…
/jvl retweeted
Having to re-allocate #drilling rigs and scale back capital? Run well planning scenarios really fast with Novi Prediction Engine 2.0 novilabs.com/resources/predi… #OilPriceWar #drilling #MachineLearning
/jvl retweeted
Insightful post from Novi Technical Advisor John Chaplin on a Midland operators evaluating options using Novi when facing significant price headwinds #OilPriceWar #digitaloilfield #MachineLearning
novilabs.com/change-of-plans…
