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Diamondback announced Q1 2018 production.
The company logged 102.6 Mboe/d (75.6 Mbo/d; 74% oil) in Q1 production, an increase of over 10% from Q4 2017 average daily production of 92.9 Mboe/d.
Diamondback is currently running eleven drilling rigs and five dedicated completion crews.
Viper Production
Diamondback subsidiary Viper Energy Partners LP also announced today its first quarter 2018 production volumes of 14.1 Mboe/d (10.1 Mbo/d; 71% oil), an increase of approximately 14% from Q4 2017 average daily production of 12.4 Mboe/d.
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