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Can 100,000 Wells Reveal What Single-Basin Analysis Misses? The Hidden Biases Undermining Unconventional Production Models

Novi

The industry’s obsession with single-basin studies isn’t just limiting our understanding, it might be actively misleading us about what drives production. Take the Williston Basin, where a naive analysis might suggest older parent wells somehow boost production in nearby child wells. The result?

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Bridging the Data Gap: How Transfer Learning Revolutionizes Production Forecasting in Frontier Basins

Novi

Operators increasingly turn to emerging basins both domestically and internationally, yet production forecasting in these frontier areas remains severely constrained by limited well control and production history. A Case Study from the Powder River Basin” presented at URTeC 2025. Download the full paper here.

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Pantheon Resources Pushes Ahead with Dubhe-1 Drilling on Alaska’s North Slope

Oil Gas Leads

Pantheon says oil remains the key value driver, while associated gas could support financing through Alaska LNG Phase 1. Oil & Gas Operator Account Directory Saskatchewan Light Oil Operator List Western Canada Heavy Oil Operator List St.

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What We Saw at URTeC 2025: A Conference in Transition

Novi

The quality of attendance appeared more subdued, with fewer operators actively pitching fringe plays or new opportunities. Despite, or perhaps because of, this backdrop, there was notable interest in emerging basins beyond the Permian. Sathaye* (Novi Labs) Can Transfer Learning Be Used to Forecast Production in Frontier Basins?

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Texas oil and gas jobs increased in May despite market turmoil, new report says

Oil & Gas 360º

Among the 19 specific industry sectors TIPRO uses to define the Texas oil and natural gas industry, Support Activities for Oil and Gas Operations led in the ranking for unique job listings in May with 1,972 postings, followed by Gasoline Stations with Convenience Stores (1,447) and Petroleum Refineries (824).

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ExxonMobil’s Top 5 Priorities for the Remainder of 2025

Oil Gas Leads

As 2025 enters its second half, ExxonMobil stands at a critical juncture—leveraging its scale, technology, and capital discipline to drive upstream growth, especially in the Permian Basin. Optimize Infrastructure Utilization The Wink to Webster crude oil pipeline—operated by ExxonMobil—continues running near full capacity (~1.35

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The Iberian green industrial opportunity: Carbon capture and storage

McKinsey

An expansion of the EU ETS that covers buildings and road transport emissions is expected to be fully operational by 2027. To remain competitive in this new context, companies are investing in decarbonizing their operations. Mtpa, COD 2025); and Sinopec’s Qilu-Shengli chemical plant (1.0 Mtpa, COD 2022). 2 Comparing €39/ton in a 0.6