Diamondback Energy

Website

Linkedin


Address

500 W TEXAS AVE STE 1200
Midland, TX, 79701-4203


Phone

405.463.6900


Company Description

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. 

Diamondback Energy drilled 566 wells in 2023 and 178 wells for the first 6 months of 2024.



Resent News

Diamondback Energy is reportedly in advanced discussions to acquire Double Eagle IV, a prominent oil producer in West Texas, in a deal potentially exceeding $5 billion. This move aligns with Diamondback’s strategy to consolidate its position in the Permian Basin, following its $26 billion acquisition of Endeavor Energy Resources in September 2024. The potential acquisition of Double Eagle IV would further solidify Diamondback’s presence in the region, enhancing its production capabilities and asset portfolio.


Operations

Diamondback holds about 268,000 net Midland basin acres and 153,000 net Delaware basin acres.

Diamondback Counties Property Owned

Martin County, TX ranks #3 in the state for BOE produced in the most recent month (Jun 2022).

Andrews County, TX ranks #15 in the state for BOE produced in the most recent month (Jun 2022).

Midland County, TX ranks #1 in the state for BOE produced in the most recent month (Jun 2022).

Glasscock County, TX ranks #11 in the state for BOE produced in the most recent month (Jun 2022).

Reeves County, TX ranks #2 in the state for BOE produced in the most recent month (Jun 2022).

Pecos County, TX ranks #19 in the state for BOE produced in the most recent month (Jun 2022).

Additional counties include Howard & Ward counties


Permit Download Center

Diamondback Operating Oil Wells Drilled 2024

Diamondback Operating Drilling Rigs Nov 2024

Diamondback Operating Air Permits


Diamondback Operating Permit Summary


Diamondback Operating Operations Map

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Oil & Gas Account Lists

Oil & Gas Operators

Diamondback Energy, Inc. Announces Midland Basin Acquisition

Diamondback Energy, Inc. Announces Midland Basin Acquisition

Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or “the Company”) today announced that it has entered into a definitive purchase agreement to ...
Diamondback Energy: Acquisition Synergies Drive Growth and Record-Low Breakeven Costs

Diamondback Energy: Acquisition Synergies Drive Growth and Record-Low Breakeven Costs

Diamondback Energy's acquisition of Endeavor has lowered its corporate breakeven to $37 per barrel, among the industry's lowest ...
Understanding First and Second Quartile Inventory in Oil and Gas: A Deep Dive into Diamondback Energy's Strategy

Understanding First and Second Quartile Inventory in Oil and Gas: A Deep Dive into Diamondback Energy’s Strategy

In the competitive world of oil and gas exploration, companies like Diamondback Energy are constantly evaluating and optimizing their drilling ...
Diamondback Energy: Drilling Rigs and Emerging Trends in 2024

Diamondback Energy: Drilling Rigs and Emerging Trends in 2024

The oil and gas industry thrives on innovation, efficiency, and strategic resource management, especially in prolific basins like the Permian ...
Diamondback Energy's Vision for Data Centers: Powering the Future with Oklo's Aurora Powerhouse Units

Diamondback Energy’s Vision for Data Centers: Powering the Future with Oklo’s Aurora Powerhouse Units

Diamondback Energy’s bold plan to integrate data centers and Oklo’s Aurora Powerhouse units into its operations is a testament to ...
Diamondback Energy’s Latest Innovations in Oil Production: Drilling Rigs, Clear Fluid Drilling, SimulFrac Completions, and the Path Ahead

Diamondback Energy’s Latest Innovations in Oil Production: Drilling Rigs, Clear Fluid Drilling, SimulFrac Completions, and the Path Ahead

Diamondback Energy, a leading name in oil and gas, recently shared exciting developments in its Q3 2024 report. Their approach ...
Diamondback: Analysis of Wells and Air Permits Data for Block 37T1N

Diamondback: Analysis of Wells and Air Permits Data for Block 37T1N

Development in Block 37T1N is progressing slowly, with only 11 of 51 wells spudded, likely due to a phased strategy ...
Diamondback Energy, Inc. Closes Merger with Endeavor Energy Resources, L.P.

Diamondback Energy, Inc. Closes Merger with Endeavor Energy Resources, L.P.

Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), today announced that it has closed its merger with Endeavor Energy Resources, L.P. (“Endeavor”) ...
Diamondback Energy Q3 2024 EPS Estimate Raised Amid Strong Financial Performance

Diamondback Energy Q3 2024 EPS Estimate Raised Amid Strong Financial Performance

In a recent research note, Zacks Research has revised its earnings per share (EPS) estimate for Diamondback Energy, Inc. (NASDAQ: ...