Diamondback’s Viper Strikes Deal with Tumbleweed for Permian Assets
Permian Basin heavyweight Diamondback Energy Inc. is adding 3,727 mineral and royalty acres to its portfolio in transactions estimated to be worth more than $1 billion.
Permian Basin heavyweight Diamondback Energy Inc. is adding 3,727 mineral and royalty acres to its portfolio in transactions estimated to be worth more than $1 billion.
Viper Energy Partners LP has entered a deal to substantially expand its Lower 48 mineral and royalty interest footprint through an acquisition from two private equity firms.
Permian Basin volumes hit on all cylinders during the third quarter for Diamondback Energy Inc. and subsidiary Viper Energy Partners LP, the Midland, TX-based operators said.