What mineral owners need to know about this Midland-based Permian pure-play operator.
Get Your Free Mineral ValuationHeadquarters: Midland, Texas
Stock Ticker: NASDAQ: FANG
Company Type: Independent E&P (Permian Pure-Play)
Primary Basin: Permian Basin (Midland & Delaware)
Status: Largest Permian-focused independent
Founded: 2007
Diamondback Energy is one of the largest independent oil and gas companies focused exclusively on the Permian Basin. Headquartered in Midland, Texas - the heart of the Permian - Diamondback has deep local expertise and relationships in the region.
The company is known for its efficient, low-cost operations and strong financial discipline. Their pure-play Permian focus means they concentrate all their resources and expertise on one of America's most prolific oil basins.
Diamondback acquired Endeavor Energy Resources in 2024, one of the largest private operators in the Midland Basin. The acquisition significantly expanded Diamondback's Midland Basin position. If you received royalties from Endeavor, your payments now come from Diamondback.
Diamondback's core operating area, significantly enhanced by the Endeavor acquisition. Key counties include:
Midland County - Headquarters and core operations
Martin County - Major Spraberry/Wolfcamp development
Howard County - Core Midland Basin
Upton County - Southern Midland Basin
Reagan County - Spraberry/Wolfcamp
Glasscock County - Midland Basin operations
Diamondback also operates in the Delaware Basin, primarily in Pecos, Reeves, and Ward counties in Texas, and Lea County in New Mexico.
Midland headquarters: Local presence and expertise in the Permian
Efficient operations: Known for low costs and operational excellence
Pure-play focus: 100% dedicated to the Permian Basin
Active drilling: Consistent development programs
Rapid growth: Multiple acquisitions may cause integration delays
Endeavor transition: Former Endeavor owners may experience changes
Single basin: Concentrated geographic exposure
Phone: 1-432-221-7400
Location: Midland, Texas (same time zone as most mineral owners)
Mail: Diamondback Energy, Inc., 500 West Texas Ave., Suite 1200, Midland, TX 79701
Local accessibility: Being headquartered in Midland means they're in the same time zone as most Permian mineral owners. Call during regular business hours CT.
Former Endeavor owners: If you previously received royalties from Endeavor, your owner number and payment details may have changed. Contact Diamondback to confirm your account status.
Track your wells: Diamondback typically drills multi-well pads. Your production may come from multiple wells, so review statements carefully.
Ask about development plans: Diamondback maintains active drilling programs. Owner relations may be able to provide information about planned development on your minerals.
Diamondback's owner relations department can be reached at 1-432-221-7400. As a Midland-based company, they maintain local expertise in Permian Basin mineral ownership.
Diamondback acquired Endeavor Energy Resources in 2024. If you received royalty payments from Endeavor, your payments now come from Diamondback Energy. Your lease terms remain unchanged.
Diamondback is a pure-play Permian Basin operator, focused exclusively on the Midland and Delaware Basins in West Texas. They do not operate in other U.S. basins.
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Request Your Free ValuationDisclaimer: This information is for educational purposes only and is not affiliated with or endorsed by Diamondback Energy. Contact information and company details may change.