Website
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
The 2025 capital plan prioritizes efficiency over growth, with production guidance set at 485-498 MBO/d (883-909 MBOE/d). Capital expenditures are lower than previous projections at $3.8 – $4.2 billion, reflecting a disciplined spending approach. The company plans to drill ~460 wells and complete 575 wells, focusing on optimizing existing assets rather than expanding aggressively.
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
Click map to view in google maps
Oil & Gas Account Lists
Oil & Gas Operators
2024: A Transformational Year for Diamondback Energy
Diamondback Energy, Inc. Announces Midland Basin Acquisition
Diamondback Energy: Acquisition Synergies Drive Growth and Record-Low Breakeven Costs
Understanding First and Second Quartile Inventory in Oil and Gas: A Deep Dive into Diamondback Energy’s Strategy
Diamondback Energy: Drilling Rigs and Emerging Trends in 2024
Diamondback Energy’s Vision for Data Centers: Powering the Future with Oklo’s Aurora Powerhouse Units
Diamondback Energy’s Latest Innovations in Oil Production: Drilling Rigs, Clear Fluid Drilling, SimulFrac Completions, and the Path Ahead
Diamondback: Analysis of Wells and Air Permits Data for Block 37T1N
Diamondback Energy, Inc. Closes Merger with Endeavor Energy Resources, L.P.
