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

Diamondback Energy (FANG) reported southern midland basin — area of land of $7.00K in Q2 2021.

What does southern midland basin — area of land mean?

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

Discontinued — last reported Q2 '21

Geographic · Area of land

Southern Midland Basin — Area of land

Analysis

StatementSegment

CategoryMarket Position

SignalHigher is better

VolatilityStable

First reportedQ2 2021

Last reportedQ2 2021

Rolls up toArea Of Land

How to read this metric

An increase indicates successful land acquisition or lease expansion, suggesting potential for future production growth. A decrease may signal divestitures or the expiration of non-core leases.

Detailed definition

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

Peer comparison

Peers in the Permian Basin report similar metrics as 'net acreage' or 'leasehold position' to demonstrate their inventory runway and competitive positioning within specific sub-basins.

Metric ID: fang_segment_southern_midland_basin_area_of_land

Historical Data

1 periods

	Q2 '21
Value	$7.00K

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Frequently Asked Questions

What is Diamondback Energy's southern midland basin — area of land?: Diamondback Energy (FANG) reported southern midland basin — area of land of $7.00K in Q2 2021.
What does southern midland basin — area of land mean?: The total amount of land the company owns or leases for oil and gas exploration in the Southern Midland Basin.