Diamondback Energy Texas Drilling Permits: Q1 2026 Follow-Through
Diamondback Energy ranked first in Energy-NetWatch’s reviewed Texas 90-day permit snapshot, with 159 permits, 18 reported spuds, and infrastructure context.
By Johnathan · Reviewed by EnergyNetWatch Research · Last updated 2026-05-18
Key Takeaways
- Diamondback reported 521.0 MBO/d of average oil production and 979.4 MBOE/d of total production in Q1 2026.
- Energy-NetWatch’s reviewed Texas snapshot shows Diamondback E&P LLC ranked first by trailing 90-day permit count, with 159 permits and 18 reported spuds.
- The public-record follow-through includes a Reeves County sample well row and a Midland County Diamondback-linked T-4 infrastructure lead.
Diamondback Energy's first-quarter update put the company back near the center of the Permian activity discussion. The company reported 521.0 MBO/d of average oil production and 979.4 MBOE/d of total production in Q1 2026. It also raised 2026 guidance to 520+ MBO/d of oil production and 972+ MBOE/d of total production, while lifting its full-year capital plan to roughly $3.90 billion.
The Energy-NetWatch follow-up is narrower and more practical: what do reviewed Texas state-source records show underneath that company update?
In the May 2026 Energy-NetWatch Texas permit snapshot, Diamondback E&P LLC ranked first by trailing 90-day Texas permit count, with 159 permits and 18 reported spuds in the displayed window. The same review also surfaces a masked Reeves County sample well row and a Diamondback-linked Midland County T-4 infrastructure lead.
Key Numbers
| Layer | Diamondback signal |
|---|---|
| Q1 2026 average oil production | 521.0 MBO/d |
| Q1 2026 average total production | 979.4 MBOE/d |
| 2026 oil production guidance | 520+ MBO/d |
| Texas 90-day permit rank | 1 |
| Texas 90-day permits | 159 |
| Texas 90-day reported spuds | 18 |
| Texas 12-month permits | 359 |
Diamondback Energy Q1 2026 Company Read
Diamondback's Q1 release showed higher production guidance, a larger capital plan, and continued Midland Basin development activity.
| Diamondback reported | Q1 2026 / 2026 update |
|---|---|
| Average oil production | 521.0 MBO/d |
| Average total production | 979.4 MBOE/d |
| 2026 oil production guidance | 520+ MBO/d |
| 2026 total production guidance | 972+ MBOE/d |
| Q1 cash capital expenditures | $933M |
| Q1 free cash flow | $1.7B |
| Q1 total return of capital | $859M |
| Updated 2026 total capital expenditures | ~$3.90B |
| Midland Basin gross wells drilled | 118 |
| Midland Basin gross wells completed | 147 |
Diamondback's operational table is Midland Basin-specific in the Q1 release. The company reported 118 gross wells drilled and 147 gross wells completed in the Midland Basin during Q1 2026, with an average completed lateral length of 11,332 feet. The company also described its higher 2026 capital budget as including operated drilling and completion, non-operated activity, workovers, science, infrastructure, midstream, and environmental capital.
Diamondback Texas Drilling Permit Signal
The Energy-NetWatch Texas permit snapshot is not a production ranking. It is a public-record activity screen built from Texas state-source permit and reported-spud records.
| Energy-NetWatch Texas state-source snapshot | Diamondback E&P LLC |
|---|---|
| Texas 90-day permit rank | 1 |
| Permits 30D | 19 |
| Permits 90D | 159 |
| Permits 12M | 359 |
| Reported spuds 90D | 18 |
| Latest permit in row | Apr. 29, 2026 |
| Latest reported spud in row | Mar. 22, 2026 |
The full reviewed Texas snapshot contained 1,762 trailing 90-day permits and 192 trailing 90-day reported spuds across displayed operators. Diamondback's row was the largest displayed operator row by 90-day permit count.

Energy-NetWatch Texas state-source snapshot. Operators are ranked by trailing 90-day permit count.
Diamondback Texas Permit Peer Context
Diamondback led the displayed Texas 90-day permit group. Pioneer had the second-highest displayed permit count and the highest displayed reported-spud count among the top rows.
| Operator | Permits 90D | Reported spuds 90D |
|---|---|---|
| Diamondback E&P LLC | 159 | 18 |
| Pioneer Natural Res. USA, Inc. | 138 | 43 |
| EOG Resources, Inc. | 50 | 7 |
| Apache Corporation | 45 | 6 |
| OXY USA Inc. | 38 | 0 |
The distinction matters. Permit count shows authorization and near-term planning activity. Reported spuds show drilling-start activity once that event appears in the state record. A higher permit count does not always mean the highest reported-spud count in the same window.
For broader context, see the full Energy-NetWatch Texas drilling permits by operator snapshot.
Diamondback Well Context From Public Sample Records
Energy-NetWatch public Texas sample data also includes a representative Diamondback-linked well row in Reeves County.
| Public sample well context | Value |
|---|---|
| Sample county | Reeves County, Texas |
| Operator context | Diamondback Energy |
| Public sample month | Feb. 2026 |
| Rounded oil signal | ~18K bbl |
| Rounded gas signal | ~72K mcf |
This public sample row is intentionally masked and rounded. It is included to show the record shape: operator, county, month, oil, gas, and public-source timing. App access is where the full well list, unmasked identifiers, maps, production histories, exports, and saved workflows live.
Diamondback Infrastructure Context From Texas T-4 Records
Energy-NetWatch's local infrastructure data also shows a Diamondback-linked Texas T-4 pipeline permit row in the current public midstream artifact.
| Infrastructure signal | Value |
|---|---|
| Source | Texas RRC YTD new T-4 permits artifact |
| Operator | Diamondback E&P LLC |
| Permit number | 10765 |
| Permit type | Gas |
| Classification | Private |
| County | Midland |
| RRC YTD list last updated | Apr. 15, 2026 |
This should be read as an infrastructure lead, not as a full midstream project profile. The T-4 list identifies a Diamondback-linked gas/private pipeline permit in Midland County. The next workflow step is to connect the permit to map context, related assets, and any additional source documents.
Diamondback Activity Snapshot: What Changed
Diamondback's company report showed a higher 2026 production outlook and continued Midland Basin development. The Energy-NetWatch Texas state-source layer shows that Diamondback also led the reviewed Texas 90-day permit snapshot.
The public-record read is direct:
| Layer | Signal |
|---|---|
| Company report | Higher 2026 production guidance, higher full-year capital plan, and 118 gross Midland Basin wells drilled in Q1 |
| Texas permits | Diamondback ranked first in the reviewed 90-day Texas permit snapshot |
| Texas spuds | 18 reported spuds in the displayed 90-day window |
| Public sample well | Reeves County Diamondback-linked sample row with rounded Feb. 2026 oil and gas values |
| Infrastructure | Midland County Diamondback-linked gas/private T-4 permit row |
This is the workflow Energy-NetWatch is built around: start with the company update, then follow the public records by operator, state, county, permit, well, reported spud, production month, and infrastructure signal.
Why This Diamondback Texas Drilling Permit Snapshot Matters
Most public coverage of Diamondback's Q1 update focuses on production guidance, cash flow, shareholder returns, and Midland Basin operating cadence. Those are the right starting points, but they do not show the underlying state-source activity trail.
The Energy-NetWatch read adds that trail. Diamondback was not only guiding to higher 2026 production; it also ranked first in the reviewed Texas 90-day permit snapshot. That does not predict production by itself, but it gives analysts, mineral buyers, service providers, and business-development teams a concrete operator activity screen to follow after the earnings release.
Frequently Asked Questions
Is this Diamondback's total production?
No. Diamondback's total production is the company-reported figure from its quarterly release. Energy-NetWatch's Texas snapshot is a state-source activity view focused on permits, reported spuds, sample well records, and infrastructure leads.
Is Diamondback's Texas permit count the same as its Midland Basin drilled-well count?
No. Diamondback's drilled-well count comes from the company report. The Energy-NetWatch permit count comes from Texas state-source permit records in a reviewed trailing window. They are related activity signals, but they are not the same measurement.
Why compare permits and reported spuds?
Permits and reported spuds answer different questions. Permits show authorized or planned activity. Reported spuds show drilling-start activity once it appears in the state record. Reading both together gives a better public-record view than either signal alone.
Why include infrastructure?
Infrastructure records can help explain where operator activity may need gathering, pipeline, processing, or field-support context. The Diamondback-linked T-4 row is included as a public-record lead that can be followed in the app or source system.
Related Energy-NetWatch Pages
- Texas drilling permits by operator: May 2026 snapshot
- Texas oil and gas production data
- Energy-NetWatch coverage
- Energy-NetWatch methodology
Sources
- Diamondback Energy Q1 2026 results release, May 4, 2026
- Diamondback Energy Q1 2026 investor presentation, May 2026
- Energy-NetWatch Texas drilling permits by operator snapshot, query run May 11, 2026.
- Energy-NetWatch Texas public data sample.
- Energy-NetWatch local Texas T-4 new-permits artifact, parsed from RRC YTD new T-4 permits list last updated Apr. 15, 2026.
Data notes
Company-reported figures are from Diamondback Energy’s May 4, 2026 first-quarter results release. Energy-NetWatch figures are reviewed Texas public state-source permit, reported-spud, sample well, and infrastructure records from May 2026, used for source-level monitoring and not as a company-reported production reconciliation.
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