Diamondback Energy, Inc. and Five Point Energy LLC Form Deep Blue Midland Basin LLC

Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”) and Five Point Energy LLC (“Five Point”) announced today the formation of a new joint venture entity, Deep Blue Midland Basin LLC (“Deep Blue”). This strategic joint venture creates the largest independent water infrastructure platform in the Midland Basin with substantial excess capacity in place to pursue third-party growth.

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Well Testing Operator

A Well Testing Operator in the oil and gas industry plays a crucial role in conducting well testing operations to gather essential data about the characteristics and performance of oil and gas reservoirs. Their responsibilities are diverse and often require a combination of technical skills and practical knowledge.

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Flowback Consultants and Well Testers Contact List

It’s important to note that while there are similarities, these roles have distinct focuses and areas of expertise. Flowback Consultants primarily oversee the flowback process following hydraulic fracturing or well stimulation, whereas Well Testers conduct tests at different stages of a well’s life to evaluate reservoir properties and performance. Both roles are integral to the overall exploration and production process in the oil and gas industry.

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