Novi Labs

In this week’s newsletter, we take a closer look at Civitas’s Permian deal, explore why tighter well spacing can backfire, and examine how Maverick stacks up across the Anadarko. The 2025 Reservoir Engineer Survey is closing soon—don’t miss your chance to help shape the results.

SPE GCS: Data Science Convention 2025 is happening TOMORROW! At 1 PM, don’t miss our very own Jorge Garzon, Ph.D., on the expert panel: “Risk vs. Reward: Evaluating Data Science Adoption in Oil & Gas Operations” This is your chance to gain real-world insights into how AI is shaping the future of energy. Haven’t registered yet? There’s still time. (Link in comments)

How productive is Double Eagle’s newly acquired Howard County asset? The first pad just came online in late October, and early production results are rolling in. While Vital Energy currently holds the top spot with a 20-year EUR of 375,000 barrels, Double Eagle isn’t far behind at 322,000 barrels. What does this mean for the future of development in Howard County? Watch the full webinar for more. (Link in the comments)

Survey Closing Soon! Don’t miss your chance to contribute to this year’s Reservoir Engineer Survey. This is your opportunity to share how AI is shaping forecasting, data challenges, and decision-making in U.S. oil and gas operations. Your perspective matters. Join the survey now https://lnkd.in/eypsywKv

New Report: Civitas Resources’s Permian play, overlooked or undervalued? Civitas’s latest acquisition in the Permian raised eyebrows, but is the market missing the bigger picture? Our latest Novi Intelligence analysis breaks down: - How this asset stacks up in different valuation scenarios - The production potential and reserves outlook - Why market skepticism may be premature Download the full report for exclusive insights. Only available to Novi Intelligence subscribers. (Link in the comments)

Are Permian Basin spacing trends leading you astray? The industry often assumes that tighter well spacing leads to better production, but what if that’s not the full story? In this blog, Kiran Sathaye breaks down how traditional spacing trends can be misleading and why relying on advanced forecasting models gives a clearer picture of well performance. Don't let the numbers fool you.

When comparing 12-month cumulative oil per foot, some operators are performing better than expected. Our analysis of the top 5 producers shows that Maverick’s wells are competing with the best in the Scoop-Stack region. What does this mean for the future of development in the area? Watch the full webinar to find out (Link in the comments)

They called it 'black gold' for 100 years. Now the real gold is the data you own that nobody else can get. While others chase AI models, the real winners in energy are quietly building data moats their rivals can't cross. The intelligence revolution has changed the game—data isn't just valuable, it's everything. Don’t get left behind. Learn how AI is changing upstream oil & gas. https://lnkd.in/eAK7MM8n

A reservoir engineer’s eternal cycle: run, debug, repeat, pray.

This week’s newsletter dives into the Uinta Basin’s breakout potential, key takeaways from the Diversified-Maverick merger, and the rising DUC backlog amid surging LNG demand. Reservoir engineers: Share your expertise in our 2025 AI Adoption Survey for early access to results and a shot at a premium YETI cooler!