Two Fort Worth energy entrepreneurs sold one of the largest remaining large energy assets in productive West Texas.

Executives also are dissolving a partnership with BPX in the Eagle Ford and expect big cost savings on drilling and completion work.

Here's an oil & gas deal so big, it would even raise eyebrows on the hit Paramount+ series "Landman." The acquisition by ...

Diamondback Energy plans to purchase Double Eagle IV, a Fort Worth-based firm whose founders are Texas Tech philanthropists.

Occidental Petroleum is exploring upside in the Permian’s secondary benches, including deeper Delaware Wolfcamp zones and the ...

Diamondback said it has entered into a definitive purchase agreement to acquire certain subsidiaries of Double Eagle IV Midco ...

The Wall Street Journal reports Diamondback Energy is in talks to acquire Double Eagle Energy IV in a deal that could be ...

Diamondback Energy's buyout of Double Eagle could signal the winding down of the rapid consolidation of the Permian Basin ...

Diamondback Energy has agreed to acquire certain subsidiaries of Double Eagle IV Midco for 6.9 million shares and $3 billion ...

The firm’s cost advantage is underpinned by a long runway of drilling opportunities in low-cost areas. It operates exclusively in the Permian Basin, which is the cheapest source of crude oil in the US ...

Diamondback Energy is set to buy Double Eagle IV Midco LLC subsidiaries for $4.1 billion, enhancing its Midland Basin assets.