Diamondback is an independent oil and natural gas company headquartered in Midland, Texas focused on the acquisition, development, exploration and exploitation of unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas.
2023 GUIDANCE HIGHLIGHTS
- Full year 2023 oil production guidance of 256 – 262 MBO/d (430 – 440 MBOE/d)
- Full year 2023 cash CAPEX guidance of $2.50 – $2.70 billion
- The Company expects to drill between 325 and 345 gross (293 – 311 net) wells and complete between 330 and 350 gross (297 – 315 net) wells with an average lateral length of approximately 10,500 feet in 2023
- Q1 2023 oil production guidance of 248 – 252 MBO/d (415 – 422 MBOE/d)
- Q1 2023 cash CAPEX guidance of $625 – $675 million
Oil & Gas Permits Download
Diamondback Well Permits Last 90 Days
Diamondback Well Permit Summary
Diamondback Energy News
Diamondback Energy Takes Over Zarvona Energy Air Permits as Permian M&A Shifts Toward Portfolio Optimization
Diamondback Energy has taken ownership of six Zarvona Energy air-permitted facilities across Crane, Ector, and Upton counties, expanding its presence ...
Diamondback Energy Accelerates Barnett Development as 2026 Permit Activity Builds
Diamondback Energy is accelerating Barnett development after expanding its acreage, reducing drilling costs toward $400 per foot, and increasing the ...
Diamondback Energy Surpasses 6,700 Well Permits as M&A Strategy Drives Permian Growth
Diamondback Energy has filed 6,723 well permits since 2016, reflecting one of the most active drilling programs in the Permian ...
Block 39T1N: How Diamondback Energy Turned a Midland Basin Position into a Full-Section Manufacturing Project
Since 2017, Diamondback Energy has transformed Block 39T1N from a multi-section development area into a concentrated manufacturing-style drilling program, securing ...
Diamondback AUTRY Development Program Signals Early Multi-Pad Midland Basin Co-Development Strategy
The AUTRY development program in Martin County, Texas, is showing early signs of a large-scale multi-pad shale manufacturing project within ...
Diamondback Energy Shifts From “Yellow Light” to “Green Light” Growth Mode
Diamondback Energy’s latest earnings call may mark an important shift in the mindset of U.S. shale producers. The company announced ...
Permian 2.0: A Real Section 36 High-Density, Single-Section Development —and What It Reveals About Diamondback’s Strategy
This dataset shows a fully coordinated section-level development program in Midland County, where multiple pads, leases, and rigs are executing ...
Casing vs. Tubing: What Diamondback’s Earnings Call Reveals About Oilfield Cost Pressures
Casing is the main source of cost inflation for operators like Diamondback because it is heavily tied to steel prices ...
The Barnett Beneath the Midland: Why Ector County Is Emerging as the Next Layer of Permian Development
Diamondback Energy revealed that it has quietly built a large Barnett Shale drilling inventory beneath its Midland Basin acreage and ...
Author: phinds