This study explores the estimation of solubility-induced elemental fractionation of noble gases in hydrocarbon-based oils through existing empirical and theoretical models, complemented by a novel molecular simulation-based approach. Quantifying such fractionation is essential for a deeper understanding of fluid processes and migration in subsurface geological resources, an area currently lacking in experimental data. To address this, the research introduces a predictive model that employs the Peng-Robinson equation of state and a fugacity-coefficient-based method to assess noble gas elemental fractionation in hydrocarbons, including normal alkanes, cycloalkanes, and aromatics. However, this model struggles with precise quantitative predictions, prompting the introduction of adjusted cross-interaction parameters to enhance its performance. Furthermore, molecular simulations, in conjunction with the refined equation of state, are shown to offer a novel method for calculating noble gas fractionation coefficients across different hydrocarbon solvents. A key finding is the identification of a universal master curve, demonstrating that noble gas solubility fractionation at low pressure in simple hydrocarbon solvents can be quantitatively determined by temperature and density alone, without the need for detailed compositional information. Consequently, a new correlation is proposed for deriving elemental fractionation coefficients based solely on oil temperature and density, offering significant improvements over existing empirical methods for a wide range of temperatures. Although limitations are noted when applying this approach to oils rich in complex heavy components like resins and asphaltenes, it allows to address inconsistencies observed in traditionally used experimental correlations at high temperatures.