Inventory Research Analyst

Skip to contentInventory Research Analyst

Help operators and investors make smarter capital allocation decisions by combining unconventional resource expertise with advanced inventory modeling, economic analysis, and AI-driven research across North America’s top shale plays.

Apply Now

Job Overview

Location Calgary (Preferred) or Austin

Job Title Inventory Research Analyst (Analyst through Senior Analyst)

Employment Full-time

About Us

Novi is a leading innovator in data, modeling, research, and forecasting solutions for the energy industry, dedicated to providing actionable insights through advanced technology, comprehensive data products, and best-in-class research.

Novi’s customers include innovative Oil & Gas operators and forward-thinking energy investors. Collectively, they invest hundreds of billions of dollars in capital annually in energy assets. These customers turn to Novi because of our unique proprietary datasets, data science expertise, and deep operator relationships.

Position Overview

As an Inventory Research Analyst at Novi, you will leverage our proprietary undrilled inventory datasets, machine learning-derived metrics, and advanced modeling capabilities to deliver deep insights into unconventional oil and gas asset potential. You will develop comprehensive inventory models that integrate geological assessments, type-curve equivalent analytics, and economic fundamentals to evaluate drilling opportunities across key North American basins, with particular focus on Canadian assets such as the Montney and Duvernay formations. Your analytical work will combine volumetric modeling and economic analysis to help operators and investors make informed capital allocation decisions.

As a self-starter in a dynamic, startup-like environment, you’ll have the opportunity to innovate with cutting-edge data science while applying deep domain expertise in unconventional resource characterization.

Key Responsibilities

To be successful in this role, the analyst will need thorough experience with inventory modeling and/or subsurface modeling with a focus on the Montney and Duvernay.• Inventory Modeling: Develop and maintain detailed inventory models using Novi’s proprietary machine learning tools. Integrating geological data, production curves, and well spacing analysis to develop industry-leading inventory models for all basins across North America (with a focus on Canada).

• Economic Modeling: Use and improve proprietary half-cycle economic models to evaluate returns, incorporating production performance, drilling & completion costs, and commodity price scenarios.
• Bespoke Research: Synthesize proprietary datasets with Novi’s machine learning models to create bespoke written research.
• Client Engagement: Present findings, model updates, and research insights to a diverse range of clients, including operators and financial services firms, effectively communicating complex financial and operational concepts.

Requirements

• Background in geology or engineering preferred.
• Minimum 3 years of relevant experience for Analyst level; 5+ years for Senior Analyst.
• Experience should include roles in upstream E&P companies, reserves engineering, energy consulting, investment banking, or equity research with a focus on unconventional resources.
• Expertise in unconventional oil and gas (shale, tight oil, tight gas) with demonstrated knowledge of North American basins, particularly the Montney and Duvernay formations.
• Demonstrated proficiency with inventory modeling, type curve analysis, reserve estimation, and/or well performance forecasting with a strong understanding of half-cycle and full-cycle economics for unconventional assets
• Proficiency in financial and economic modeling (particularly Excel for multi-scenario analysis), GIS experience (ArcGIS or equivalent), programming skills, and CFA designation or progress toward certification are all assets but not required.

Why Join Us

At Novi, you’ll be on the cutting edge of energy-centric machine learning and forecasting. We are a forward-thinking team dedicated to innovation and excellence, offering a dynamic work environment that fosters growth, collaboration, and the unique opportunity to shape the future of data-driven energy solutions.

Apply to this role

Career form

"*" indicates required fields

Meet Novi Labs' knowledgeable experts.

Invite to Speak

Please provide us some information about your event, and we will get back to you as soon as we can

Expert form

News, trends and data for the US upstream industry

Receive latest updates on the energy industry into your inbox.

Sign up today for free and get a weekly email with News and insights on important developments in the major tight oil & gas basins.

Subscribe form (popup)

"(Required)" indicates required fields