Wood Mackenzie has entered into a strategic alliance with Novi Labs to enrich its Lens Lower 48 platform by incorporating unique well-level production data and advanced lease-well matching algorithms. This collaboration optimizes the analysis of more than 4.4 million wells in the 48 contiguous U.S. states, responsible for more than 20% of the world’s supply of oil and gas.
More accurate analysis with real data and AI technology
Novi’s data integration, including proprietary information from more than 25,000 operationally validated wells, brings an unprecedented level of accuracy. New algorithms enable more accurate assignment of leases to each well, which improves predictive modeling, reduces margin of error and increases the reliability of AI-based workflows.
[post_relacionado]Lens Lower 48 now allows users to access an optimized database with extended attributes for API analysis, ready for language modeling (LLM) implementations. In addition, Wood Mackenzie incorporates its cost intelligence system with 37 detailed subcategories, enabling component-by-component estimates and regional benchmarking. This improves decision making for operators, investors and financial analysts.
In a context where profitability depends on optimizing existing fields, access to granular, reliable, real-time information is vital. Wood Mackenzie and Novi’s joint solution provides a comprehensive environment for assessing opportunities, managing risks and anticipating scenarios in an increasingly competitive market.
Commercial availability of Lens Lower 48
The enhanced solution will be available to new and existing subscribers as of September 2025, consolidating Lens Lower 48 as the benchmark in upstream intelligence well development intelligence in the US.
With this alliance, both companies reaffirm their commitment to deliver technology solutions that drive better informed energy decisions in an industry in constant transformation.
Source and photo: Wood Mackenzie