Enhancing Production Efficiency: The Impact of Precision Targeting in the Midland Basin
Dear Subscriber,?
In this week’s newsletter, we’re sharing our latest URTeC paper: "Enhancing Production Efficiency: The Impact of Precision Targeting in the Midland Basin". Backed by machine learning insights from over 18,000 wells, the study reveals how small adjustments in well placement can boost production by 15% and unlock up to $2M in additional free cash flow per well. Download the full technical paper here.
With NAPE 2025 just two weeks away, we invite you to visit us at booth #2915 to explore our latest innovations in energy analytics, featuring our research product, and learn how we can support your energy investment decisions.
In this week's newsletter, we also share:
Enjoy the read!
Dallas Fed Energy Survey Q4 2024: Key Insights and Analysis
Capital allocation in 2025 is split—large E&Ps are holding steady, while smaller firms are betting big on growth. Will this gap widen or shrink as the year unfolds? See what industry leaders are saying in our latest report
NAPE 2025
The countdown is on. Only 2 weeks until the 2025 NAPE Summit!?
We’re gearing up for an exciting event where the energy industry’s top professionals come together to network, explore opportunities, and make deals happen.
Visit us at booth #2915 to explore our latest innovations in energy analytics, featuring our research product, and learn how we can support your energy investment decisions.
Enhancing Production Efficiency: The Impact of Precision Targeting in the Midland Basin
Did you know that small adjustments in well placement can lead to up to 15% more production? Our latest URTeC study highlights how precision targeting within formations, supported by machine learning insights from over 18,000 wells, can transform outcomes.
With the right strategies, operators can optimize landing zones, unlocking up to $2M in additional free cash flow per well in the Midland Basin. For a deep dive into the findings, download the full technical paper
Shale Outlook Uinta: Horizontal Boom to Continue in 2025
The Uinta Basin is heating up, and Hart Energy featured our insights in their article, "Shale Outlook Uinta: Horizontal Boom to Continue in 2025."
领英推荐
Our analysis shows SM Energy and Ovintiv hold the highest-quality rock in the region, with strong stacked pay potential and high reservoir pressure. With major M&A transactions and new horizontal drilling activity, Uinta is shaping up to be a key play to watch in 2025. Check out the article here!
How Can Novi Help You?
Novi isn’t just another analytics tool or data provider—it’s a competitive edge for top operators and investors looking to maximize profits. By leveraging advanced technology and data science, Novi is transforming how oil and gas companies allocate capital and evaluate energy assets, leaving outdated analytics and workflows behind.
Current Job Openings
We're growing rapidly and expanding our team across multiple departments. Visit our careers page to explore the seven job openings available.
- Senior Data Scientist - US Remote
We are seeking a skilled and innovative Senior Data Scientist to join our team. In this role, you'll design and implement data-driven solutions, collaborate with SMEs, and drive impactful results through cutting-edge machine learning and analytics.
- Senior Data Engineer - The Netherlands (Rotterdam)
We are seeking a skilled and passionate Senior Data Engineer to join our dynamic team. In this role, you will be responsible for building, expanding and optimizing data pipelines.
- Senior/Principal Analyst - Austin / Remote (North America)
As an analyst at Novi, you will be at the forefront of revolutionizing how operators and inventory are valued. Leveraging our advanced upstream data, cutting-edge inventory models, and machine learning tools, you will help pave the way to a new, more accurate method of benchmarking energy companies and forecasting future energy supply
- Senior Software Engineer (Python) - Remote / Austin TX
Novi Labs is looking for an experienced Senior Software Engineer with a passion for systems thinking and careful design. This role is for an engineer to support and further develop our market-leading machine learning platform for forecasting and optimization.
- Senior Java/Full-stack Engineer - US Remote
We are in search of a seasoned Java engineer that has a passion for sound design and engineering practices and is adept at making reasoned short-term vs long-term trade-offs.
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/