Diamondback’s $4.1 Billion Bet: What It Means for the Permian and Beyond
Dear Subscriber,?
This week, we’re diving into Diamondback Energy’s bold $4.1 billion acquisition of Double Eagle IV in the latest Novi Intelligence report. Is this a strategic masterstroke that cements its dominance in the Midland Basin, or is the price tag too steep? Our analysis breaks down how this move enhances Diamondback’s rock quality, strengthens free cash flow, and solidifies its competitive edge. Available only to Novi Intelligence subscribers.
Plus, a big update: Next week, we’re hosting a live webinar on Optimizing O&G Evaluation & Forecasting. Scott Iceton will share how energy leaders use Novi to refine production accuracy, improve PDP forecasts, and uncover hidden value in completions, spacing, and geology. Save your spot >>
In this week's newsletter, we also share:
Enjoy the read!
Diamondback & Double Eagle IV: The $4.1 Billion Deal Shaping the Permian
Diamondback’s $4.1B acquisition of Double Eagle IV solidifies its position as a Midland Basin powerhouse, but is it worth the price tag?
Brandon Myers, Head of Research at Novi Intelligence, breaks down the strategic implications, financial metrics, and long-term impacts of this high-stakes move.
This analysis is only available to Novi Intelligence subscribers.
Optimizing O&G Evaluation & Forecasting: How Fast & Accurate Can It Get?
Energy industry leaders are using Novi to refine production accuracy, improve PDP forecasts, and uncover hidden value in completions, spacing, and geology—without the hassle. Join us for a live walkthrough of recent industry headlines as we break down key trends and best practices using Novi’s cutting-edge tools. Whether you’re upgrading your O&G data provider or staying ahead of the curve, this session will give you the insights you need. In this 45-minute session, we’ll cover:
Don’t miss this chance to stay ahead in O&G analysis.
Novi Houston Connect 2025
When experts come together, amazing things happen. The energy was electric at NOVI Houston Connect, our first gathering of 2025!
We're not just hosting events – we're igniting a movement where every conversation sparks opportunity and every connection makes our industry stronger. This is what happens when brilliant minds share their wisdom freely.
Next up: Midland and other cities! Because the best innovations in oil & gas happen when we break down silos and bring brilliant people together.
DEC’s $1.3B Maverick Move: Market Dominance or Risky Bet?
Missed our live webinar on DEC’s $1.3B Maverick acquisition? Now’s your chance to catch up!
We explored whether this bold move solidifies Diversified Energy’s dominance in the Western Anadarko Basin or if it poses new risks. From financial impacts to strategic growth opportunities in the Cherokee and Permian Basins, this session covered it all.
Watch the full recording now and get exclusive insights
Enhancing Production Forecasting Accuracy: A Machine Learning Approach in the Permian Basin
In an industry where accurate planned well forecasting is crucial, manual methods such as type curves or numerical simulation often fall short. The ability to rapidly evaluate hundreds of development scenarios is just simply not feasible with these methods.
In this URTeC paper, we demonstrate that machine learning models outperform traditional Arps decline curves, improving forecasting accuracy by 30% while reducing forecasting time from weeks to minutes.
Download the full paper to see how ML-driven insights can optimize your production forecasting strategy.
Civitas Makes $300MM Midland Bolt-On, Plans to Sell D-J Assets
We're excited to be featured in Hart Energy's latest article examining Civitas' strategic $300MM Midland Basin acquisition and D-J divestiture plans. Our research team's analysis provides valuable context for this significant industry move. Check out the full coverage!
Ready to see what’s under the hood and how Novi Labs can help you get valuable insights?
Book your personalized demo with our team: https://novilabs.com/request-a-demo/