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’s activities are primarily focused on the horizontal exploitation of multiple intervals within the Wolfcamp, Spraberry, Clearfork, Bone Spring and Cline formations.
Diamondback Energy first Quarter 2021 update Summary 41 wells drilled and 273 million on drilling and completion.
Diamondback Energy, Inc. Provides First Quarter Update Q1 2021 CAPEX of $280 – $300 million, average production of 184.2 MBO/d
Diamondback 2021 guidance they expects to drill between 180 – 200 gross (156 – 172 net) wells in 2021