Novi Industry Report | Q4 2023

The 4 Largest
US Tight Oil Basins

In this report, we will analyze the latest developments in the 4 largest US tight oil basins, which include the Permian, Williston, Eagle Ford, and the Denver-Julesburg (DJ). Together, these 4 basins were producing over 8 million barrels of oil per day (b/d) in August 2023, while outside these basins less than 0.8 million b/d was produced in the Lower 48 states. In this report, we only count output from horizontal wells, which is important when comparing with the EIA.

  • Total production by basin
  • Drilling activity
  • Well productivity trends
  • Supply projection
  • Top operators
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Trusted by some of the world's top Oil & Gas and financial institutions
  • Shell
  • Blue OX Resources
  • Bedrock Energy Partner
  • Endeavor Energy Resources
  • Hite Hedge

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