Diamondback Energy
Diamondback Energy is an independent oil and natural gas producer based in Midland, Texas, concentrating its operations in the Permian Basin, one of the most prolific oil-producing regions in the United States. The company focuses on acquiring, developing, exploring, and exploiting unconventional onshore oil and natural gas reserves, particularly in formations such as Spraberry, Wolfcamp, and Bone Spring. As of 2023, Diamondback reported net proven reserves of approximately 2.2 billion barrels of oil equivalent and an average production of around 448,000 barrels per day, comprising 59% oil, 21% natural gas liquids, and 20% natural gas. The company has significant acreage holdings in the Permian Basin, including working interests in numerous producing wells and extensive midstream infrastructure, such as thousands of miles of gathering pipelines. Established in 2007, Diamondback Energy has established itself as a key player in the energy sector, focusing on long-term growth in oil and gas production.
Top Stages
Past deals in Oil and Gas
Endeavor Energy Resources
Acquisition in 2024
Endeavor Energy Resources is an oil and gas drilling company specializing in the Midland Basin. The company offers a comprehensive range of services that includes pulling units, roustabout crews, water hauling, hot oilers, welding, wireline logging, and plugging water disposals. Additionally, Endeavor provides crude oil gathering and marketing, as well as gas transportation services. By delivering these services, the company aims to help clients reduce drilling time and effort while enhancing production efficiency.
Digital Wildcatters
Seed Round in 2023
Digital Wildcatters is a community platform designed for the next generation of energy professionals, particularly within the oil and gas sector. The company offers a range of resources, including podcasts, videos, news articles, and documentaries, to keep industry members informed about the latest trends. Additionally, Digital Wildcatters organizes transformative in-person events that facilitate networking and career advancement opportunities for professionals. By combining technology with engaging content, the platform aims to foster connections and support the growth of individuals in the energy field.
Lario Permian - Assets
Acquisition in 2022
Lario Permian - Assets is a company that provides oil and gas services.
FireBird Energy II
Acquisition in 2022
FireBird Energy LLC, founded in 2018 and headquartered in Sugar Land, Texas, focuses on the development and operation of crude oil and natural gas assets in the Western Midland Basin. This upstream oil and gas company is dedicated to the responsible acquisition and development of its assets, emphasizing sustainable practices. Additionally, FireBird Energy is involved in midstream operations, which include the gathering, processing, and treatment of natural gas and crude oil. The company manages essential infrastructure such as gas processing plants, water gathering pipelines, and saltwater disposal wells, ensuring efficient service for producers while advancing opportunities for strategic asset repurposing and development in a socially responsible manner.
Rattler Midstream Partners
Acquisition in 2022
Rattler Midstream Partners is a midstream oil and gas company that focuses on the ownership, operation, development, and acquisition of midstream infrastructure assets primarily in the Midland and Delaware Basins of the Permian. The company offers a range of services related to crude oil, natural gas, and water, including freshwater sourcing, transportation, and saltwater gathering and disposal. Rattler Midstream Partners serves its customers under long-term, fixed-fee contracts, emphasizing reliable service in the energy sector.
Guidon Operating
Acquisition in 2020
Guidon Operating is an oil and gas company.
QEP Resources
Acquisition in 2020
QEP Resources is an independent exploration and production company focused on natural gas and crude oil, primarily operating in two key regions of the United States: the Northern Region, which includes the Rockies and the Williston Basin, and the Southern Region, encompassing Oklahoma, the Texas Panhandle, and Louisiana. The company not only engages in the exploration and production of hydrocarbons but also gathers, compresses, treats, and processes natural gas. With a portfolio characterized by low-cost, high-quality resource plays, QEP Resources reported 658.2 million barrels of oil equivalent in proved reserves as of year-end 2018, with total production for that year reaching approximately 51.9 million barrels of oil equivalent, of which about 52% was crude oil. Headquartered in Denver, Colorado, QEP Resources serves various clients, including gas-marketing firms, crude-oil refiners, and midstream service providers, facilitating the supply of energy to consumers.
Energen
Acquisition in 2018
Energen Corporation, through its subsidiary Energen Resources Corporation, is an independent oil and gas exploration and production company based in Birmingham, Alabama. Founded in 1929, the company focuses on the exploration, development, and production of oil, natural gas liquids, and natural gas, primarily within the Midland Basin, Delaware Basin, and Central Basin Platform areas of the Permian Basin in west Texas and New Mexico. Energen has identified significant resource potential in its acreage, with thousands of potential drilling locations and substantial undeveloped reserves. The company had total proved reserves of 444 million barrels of oil equivalent as of December 31, 2017. Energen operates as a subsidiary of Diamondback Energy, Inc.
Brigham Resources
Acquisition in 2016
Brigham Resources is a privately held oil and gas exploration company founded by Bud Brigham and Gene Shepherd, along with former management team members from Brigham Exploration Company. The firm specializes in the exploration and production of oil and gas, concentrating on the development of unconventional, liquids-rich resource plays. Brigham Resources employs advanced technologies to identify and capitalize on early-stage oil and gas opportunities while acquiring mineral interests in onshore regions of the United States.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.