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Operator Briefs2026-05-187 min read

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

LayerDiamondback signal
Q1 2026 average oil production521.0 MBO/d
Q1 2026 average total production979.4 MBOE/d
2026 oil production guidance520+ MBO/d
Texas 90-day permit rank1
Texas 90-day permits159
Texas 90-day reported spuds18
Texas 12-month permits359

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 reportedQ1 2026 / 2026 update
Average oil production521.0 MBO/d
Average total production979.4 MBOE/d
2026 oil production guidance520+ MBO/d
2026 total production guidance972+ 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 drilled118
Midland Basin gross wells completed147

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 snapshotDiamondback E&P LLC
Texas 90-day permit rank1
Permits 30D19
Permits 90D159
Permits 12M359
Reported spuds 90D18
Latest permit in rowApr. 29, 2026
Latest reported spud in rowMar. 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.

Diamondback Texas permit activity snapshot

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.

OperatorPermits 90DReported spuds 90D
Diamondback E&P LLC15918
Pioneer Natural Res. USA, Inc.13843
EOG Resources, Inc.507
Apache Corporation456
OXY USA Inc.380

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 contextValue
Sample countyReeves County, Texas
Operator contextDiamondback Energy
Public sample monthFeb. 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 signalValue
SourceTexas RRC YTD new T-4 permits artifact
OperatorDiamondback E&P LLC
Permit number10765
Permit typeGas
ClassificationPrivate
CountyMidland
RRC YTD list last updatedApr. 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:

LayerSignal
Company reportHigher 2026 production guidance, higher full-year capital plan, and 118 gross Midland Basin wells drilled in Q1
Texas permitsDiamondback ranked first in the reviewed 90-day Texas permit snapshot
Texas spuds18 reported spuds in the displayed 90-day window
Public sample wellReeves County Diamondback-linked sample row with rounded Feb. 2026 oil and gas values
InfrastructureMidland 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

Sources

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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