Novi Industry Report | Q3 2023

The 3 Major
US Tight Oil Basins

In this report, we will analyze the latest developments in the 3 largest US tight oil basins, which include the Permian, Williston, and the Eagle Ford. Together, these basins were producing over 7.5 million barrels of oil per day in May 2023, while outside these basins less than 1.2 million barrels of oil per day were produced in the Lower 48 states (only counting output from unconventional horizontal wells).

  • Total production by basin
  • Drilling activity
  • Supply projection
  • Well productivity trends
  • Most productive counties
  • Most productive operators
  • 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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INTRODUCING CAUSAL MODELS

Accurate forecast on parent-child developments

In this live webinar, you will learn how Novi’s new algorithm improves model sensitivity for spacing and parent-child scenarios, providing powerful results for previously difficult-to-analyze problems.

Ted Cross, our VP of Product Management, will show you how this update improves spacing and infill scenario analysis without sacrificing model accuracy.