Diamondback Energy Inc.
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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.
Editor's note: Updated July 16, 2019.
Symbol(s)
Headquarters Address
500 West Texas Ave, Suite 1200
Midland, TX 79701
United States
Website
ir.diamondbackenergy.comMain Phone Number
News
Permian Basin-focused shale producers Diamondback Energy, Cimarex Energy, Occidental Petroleum and Laredo Petroleum say their first-…
Similar to real-life growing pains, ‘it’s awkward and it's painful,’ but the U.S. tight oil sector is heading toward a healthier era,…
In an era where many would like to wish hydrocarbon-based energy away, we at Oil and Gas Investor celebrate the American independent…
U.S. shale producer Diamondback Energy said on Dec. 21 it would buy rival QEP Resources Inc. in an all-stock deal valued at around $2.…
Shale drillers Diamondback Energy Inc. and WPX Energy Inc. reported third straight quarterly losses on Nov. 2, as coronavirus-induced…
New Financings
Priced a public offering of 4.75% senior notes due 2025 at 100% of the principal amount. Proceeds will be…
Diamondback Energy Inc. has priced an offering of $1 billion of 2.875% senior notes…
Diamondback Energy Inc. announced that it proposes to offer $500 million aggregate principal amount of…
Has priced an offering of $750 million aggregate principal amount of its 4.75% senior notes due 2024,…
Priced upsized private placement of 5.375% senior notes due 2025, up from $250 million. Notes will mature…
Activity Highlights
Pecos
TX
United States
A Pecos County (RRC Dist. 8), Texas, Wolfcamp discovery was tested flowing 830 bbl of 37° API oil, with 862,000 cu ft of gas and 4,000 bbl of water per day. Diamondback Exploration & Production’s #2WA Canyonlands 15-16 B was drilled in…
Reeves
TX
United States
An extended-reach Wolfcamp producer in the Delaware Basin portion of northeastern Reeves County (RRC Dist. 8), Texas, was reported by Diamondback Exploration & Production. The #601H Donatello Unit 4-1 initially flowed 1,483 bbl of 47° API…
Reeves
TX
United States
In Texas’ Reeves County (RRC Dist. 8), Diamondback Exploration & Production announced results from a Phantom Field discovery. The #601H Patriot State RSJ 68 is in Section 2, Block 54 in T&P RR CO Survey, A-5992. It was drilled to…
Reeves
TX
United States
Diamondback Exploration & Production announced results from two Wolfcamp wells in Reeves County (RRC Dist. 8), Texas. The Phantom Field discoveries were drilled from a pad in Section 2, Block 54 T4S, T&P RR Co Survey, A-5992.…
Reeves
TX
United States
A Phantom Field-Wolfcamp discovery was completed by Diamondback Energy Inc. in Reeves County (RRC Dist. 8), Texas. The company’s #605H Deguello Unit 54-7-2 is in Section 8, T&P RR Co A-774 and was drilled to 21,207 ft with a true vertical…
Transactions
Diamondback to Buy Shale Rival QEP in $2.2 Billion Deal
Diamondback to Buy Shale Rival QEP in $2.2 Billion Deal
Diamondback to Buy Shale Rival QEP in $2.2 Billion Deal
Diamondback to Buy Shale Rival QEP in $2.2 Billion Deal
Diamondback to Buy Shale Rival QEP in $2.2 Billion Deal
Diamondback to Buy Shale Rival QEP in $2.2 Billion Deal
Rattler, Oryx Midstream JV Acquires Reliance Gathering For $355 Million
Rattler, Oryx Midstream JV Acquires Reliance Gathering For $355 Million
Diamondback’s Viper Subsidiary Continues Growth Spurt With Santa Elena Deal
Diamondback’s Viper Subsidiary Continues Growth Spurt With Santa Elena Deal