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.
During the second quarter of 2023, Diamondback drilled 86 gross wells in the Midland Basin and 12 gross wells in the Delaware Basin.
Diamondback is actively working with a financial adviser to find buyers for non-core assets in the western Permian
Diamondback Company expects to drill between 325 and 345 gross (293 – 311 net) wells and complete between 330 and 350 gross (297 – 315 net) wells
Diamondback Energy buys Lario Oil & Gas Permian assets.
Diamondback Energy ranks #4 in wells drilled in 2022 with 301 wells drilled in the Mid Continent of the US. The Mid Continent region includes Texas, Oklahoma, New Mexico and Louisiana.
Diamondback Energy ranks #10 in air permits approved in 2022 with 46 permits in Texas.
Diamondback Energy, Inc. and Endeavor Energy Resources, L.P. announced the opening of Sprouts Energy Learning Center, an employee-exclusive childcare center in Midland, Texas. Sprouts Energy provides high-quality early education for the children of Diamondback and Endeavor employees.
Diamondback Energy is an independent oil and natural gas company headquartered in Midland, Texas. Diamondback, ranks #5 in wells drilled in 2022 with 277 and averaged 17 drilling rigs. Diamondback, ranks #8 in Texas air permits approved with 45 in 2022.
Diamondback Energy, Inc. financial and operating results for the first quarter March 31, 2022. Get full well permits report for Diamondback Energy.
Diamondback Energy, Inc 3rd Quarter 2021 Results. Production of 239.8 MBO/d, 2021 cash CAPEX guidance to $1.49 – $1.53 billion and spent $345 million on drilling and completion
