EP 25 · Using Machine Learning to Customize Development Unit Spacing for Maximum Acreage Value - The Novi AI Roundup | Transcription & Insights

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Is one spacing template enough for an entire development unit? In this episode of The Novi AI Roundup, we explore how machine learning can tailor pilot-proven spacing templates to individual development units for maximum acreage value. Drawing from the URTeC 2022 paper “Using Machine Learning to Customize Development Unit Spacing for Maximum Acreage Value”, we examine how optimized spacing strategies account for geology, interference, and local performance trends, and why customized development can outperform standardized designs.This podcast episode is based on the technical paper “Using Machine Learning to Customize Development Unit Spacing for Maximum Acreage Value”, authors: M. Maguire, T. Witham, A. Cui, T. Cross. The paper was presented at URTeC 2022. Download the full paper here.

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The Novi AI Roundup

EP 25 · Using Machine Learning to Customize Development Unit Spacing for Maximum Acreage Value

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