Diamondback Energy
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The Midland, Texas-based operator said the deal hands it the biggest remaining target in the Midland Basin side of the Permian Basin. -
If optimized to scale, fast fission reactors could play a role in reducing emissions in field operations by producing carbon-free electricity.
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Long the subject of rumored deals, Endeavor Energy is being snapped up at last in a deal valued at $26 billion.
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On a pro forma basis, the mineral and royalty arm of the Midland-based oil company owns interests covering more than 32,000 net acres in the Permian Basin.
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The Permian-based company has committed to being part of the United Nations flagship reporting program.
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A pair of innovative field development strategies are helping tame the wild, wild Permian Basin.
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The Permian Basin operator said the purchase ‘checks all the boxes’ it looks for in an acquisition.
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The Permian Basin operator said the purchase translates to more than a decade of additional inventory.
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The trend toward drilling longer horizontal wells is growing with lateral lengths of 3 miles reached.
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Oil companies large and small have pulled out the stops to stay on solid ground. Devon, Diamondback, and Parsley post latest cuts in production.
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