Drilling efficiencies are giving Diamondback Energy Inc. a leg up to reduce spending, drop rigs and crews, but oil output is set to bump higher through the end of the year, according to CEO Travis D. Stice. During the recent second quarter conference call, Stice said the Midland, TX-based independent had decreased drill times from…
Viper
Articles from Viper
Viper’s Permian Acquisitions Backstop Diamondback Production Growth
Viper Energy Partners LP, which is working to consolidate fragmented property in the Permian Basin, expects its oil-weighted third quarter output to increase about 9% sequentially.
October 8, 2019
Viper’s Santa Elena Deal Expands Diamondback’s Permian Exposure
Permian Basin-focused Viper Energy Partners LP agreed Monday to buy Santa Elena Minerals LP in an all-equity transaction to gain 1,358 net acres in West Texas that would give parent Diamondback Energy Inc. a more contiguous leasehold in the Permian Basin.
September 17, 2019
More Horizontal Wells Planned in West Virginia Legacy Oilfields
Viper Capital Partners LLC, a Houston-based investment firm, has acquired rights across two conventional oilfields in western West Virginia, where an affiliate plans to develop Berea Sandstone wells with shallow horizontal drilling technology.
September 4, 2019
Viper’s Permian Output, Acreage Expands with Diamondback Drop-Down
Viper Energy Partners LP, a subsidiary of Diamondback Energy Inc., expects to increase 2019 production by 26% year/year to 21,500-22,000 boe/d as activity accelerates in the Permian Basin.
August 1, 2019
Viper Coiled For More Permian Acquisitions Following Solid 2016
Viper Energy Partners LP continues to strike acquisition deals this year in the Permian Basin after completing 26 transactions in the second half of 2016, underlined by an “improving market,” the Diamondback Energy Inc. unit said.
January 19, 2017
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