In the competitive world of oil and gas exploration, companies like Diamondback Energy are constantly evaluating and optimizing their drilling portfolios to maximize economic returns. One key concept that has emerged in this process is the ranking of drilling inventory into quartiles. This approach helps investors and stakeholders understand the quality of a company’s assets and its long-term strategy for value creation.
Understanding First and Second Quartile Inventory in Oil and Gas: A Deep Dive into Diamondback Energy’s Strategy
