Diamondback Energy

Diamondback Energy entered into an agreement with unrelated third-party sellers to acquire additional leasehold interests—primarily in Midland and western Glasscock counties, Texas, in the Midland basin—for around USD 583 million. Assets acquired include 13,136 net acres (88% operated) and net production of 2,173 BOE/D from 131 gross (94 net) producing wells.


STAY CONNECTED

Don't miss the latest content delivered to your email box weekly. Sign up for the JPT newsletter.