FANG · 10-Q · 2026Q3 · Full report

Upstream Production Volume

Diamondback Energy, Inc. · 2026-11-04 · Importance 48 · Surprise 40

Diamondback’s horizontal development is concentrated in the Wolfcamp, Spraberry and Barnett formations in the Midland Basin and the Wolfcamp and Bone Spring formations in the Delaware Basin. Combined production for the nine months ended September 30, 2026, increased 12% year over year to 275.9 million BOE, while average daily combined volumes rose to 1,010,527 BOE/d from 904,832 BOE/d. Approximately 29% of the increase was attributable to Viper’s Sitio Acquisition and 18% to the Double Eagle Acquisition, with the remainder largely attributable to organic growth.

Key facts

• Diamondback's average production was 1,034.0 MBOE/d. source
• Diamondback drilled 105 gross horizontal wells and turned 135 gross operated horizontal wells to production in the Midland Basin. source
• Approximately 18% of the increase in Diamondback's Q3 2026 combined production volumes came from acquisitions; the remainder was largely organic growth. source
• Of Diamondback's nine-month combined production volume increase, approximately 29% was attributable to Viper's Sitio Acquisition and 18% to the Double Eagle Acquisition. source