What is Diamondback Energy's northern midland basin — area of land?

Diamondback Energy (FANG) reported northern midland basin — area of land of $2.31K in Q3 2021.

What does northern midland basin — area of land mean?

The total amount of land the company owns or leases for oil and gas exploration in the Northern Midland Basin.

Discontinued — last reported Q3 '21

Geographic · Area of land

Northern Midland Basin — Area of land

Analysis

StatementSegment

CategoryMarket Position

SignalHigher is better

VolatilityStable

First reportedQ4 2020

Last reportedQ3 2021

Rolls up toArea Of Land

How to read this metric

An increase indicates expansion of the company's development inventory or strategic land acquisition, while a decrease may signal divestitures or the expiration of leasehold interests.

Detailed definition

This metric represents the total net acreage held by the company within the Northern Midland Basin, a sub-region of the...

Peer comparison

Peers in the Permian Basin report similar acreage metrics categorized by sub-basin, allowing for comparison of inventory quality and geographic concentration.

Metric ID: fang_segment_northern_midland_basin_area_of_land

Historical Data

1 periods

	Q3 '21
Value	$2.31K

Similar Metrics at Other Companies

Texas Pacific LandTPL View metric

TRG

Targa ResourcesTRGP View metric

PultegroupPHM View metric

EQT CorporationEQT View metric

Devon EnergyDVN View metric

Texas Pacific LandTPL View metric

Frequently Asked Questions

What is Diamondback Energy's northern midland basin — area of land?: Diamondback Energy (FANG) reported northern midland basin — area of land of $2.31K in Q3 2021.
What does northern midland basin — area of land mean?: The total amount of land the company owns or leases for oil and gas exploration in the Northern Midland Basin.