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Top Story | Capital Markets | Capital Expenditure 2025

Top E&P Outline Drilling & Frac Program For 2025; 18 Rigs & 5 Frac Crews

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Top E&P Outline Drilling & Frac Program For 2025; 18 Rigs & 5 Frac Crews

Diamondback Energy provided an early look at it/s 2025 drilling & completion program.   As a reminder, Diamondback recently closed on its Endeavor deal.   The program will see the company adjust its initial thinking from 22-24 rigs to now 18rigs and 5 simul-frac crews.   To be able to perform simulfrac, Liberty Energy noted that often means 1.5 the typical horse power.  

2025 Estimates

Drilling/Rigs : 18 Frac Crews : 5

During the Earnings call the company was asked by analysts.. This..

"Arun Jayaram

Great. My follow up is I just wanted to maybe understand on the efficiency gain side of the equation, in your prepared remarks, you commented how you think you can kind of execute your 2025 program with 18 rigs versus maybe a previous expectation of 22 to 24, maybe four frac fleets…

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