Provides highest quality data to power Novi’s industry leading machine learning models
Press Release
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Jan 19, 2022 07:00 EST
AUSTIN, Texas,
January 19, 2022 (Newswire.com) –
Novi Labs, the AI company for energy investing, announces the acquisition of ShaleProfile, the energy data analytics provider. ShaleProfile will provide the highest quality production and completion data for Novi’s self-service machine learning platform. This enables the most accurate economic forecasts that drive the highest quality investment decisions. The transaction closed on Dec. 29, 2021. ShaleProfile B.V. is now a fully owned subsidiary of Novi Labs, Inc.
Forward-looking operators and energy investors are leveraging AI-driven digital workflows to make higher-quality investment decisions. Novi’s AI platform replaces the current outdated methods for A&D evaluation, asset…