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Diamondback Energy, Inc. is an American company engaged in hydrocarbon exploration headquartered in Midland, Texas. As of December 31, 2020, the company had 1,788 million barrels of oil equivalent (1.094 × 10 10 GJ) of estimated proved reserves, of which 52% was petroleum, 24% was natural gas, and 24% was natural gas liquids.
The transformational transaction will double its footprint in the resource-rich Permian Basin. ... set a target to sell $4.5 billion to $6 billion of assets following its $12 billion acquisition ...
Permian Resources announced it was buying more assets in the Delaware Basin month after its $4.5 billion merger with Earthstone Energy. $175 million in oil and gas assets bought by Permian ...
Diamondback Energy's $26 billion acquisition of Endeavor Energy highlights the rapid-fire consolidation that has swept across the US Permian Basin — which includes parts of West Texas and ...
Pioneer Natural Resources Company, headquartered in Irving, Texas, was a company engaged in hydrocarbon exploration. It operated in the Cline Shale, which is part of the Spraberry Trend of the Permian Basin, where the company was the largest acreage holder. [1] In May 2024, the company was acquired by ExxonMobil.
Concho Resources Inc. was a company engaged in hydrocarbon exploration, incorporated and organized in Delaware and headquartered in Midland, Texas, with operations exclusively in the Permian Basin. In 2021, the company was acquired by ConocoPhillips .
Energen Corporation was a company engaged in hydrocarbon exploration.In 2018, the company was acquired by Diamondback Energy.. As of 31 December 2017, the company had 444 million barrels of oil equivalent (2.72 × 10 9 GJ) of proved reserves, of which 58% was petroleum, 22% was natural gas, and 20% was and natural gas liquids and all of which were in the Permian Basin.
ExxonMobil ()'s near-$60 billion acquisition of Pioneer Natural Resources highlights Big Oil's continued appetite for shale producers.The deal, announced earlier this week, will make the oil giant ...