Midland, Texas — According to state and local development sources, Diamondback Energy plans to invest $2,750,000.00 to build out 46,290 square feet of new space in Midland. The company plans to occupy the new space at 500 W Texas Ave in Midland, on or about March 1, 2025. According to the company website Diamondback is an independent oil and natural gas company headquartered in Midland, Texas focused on the acquisition, development, exploration and exploitation of unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas. Diamondback and the culture we have developed are grounded in a unique set of core values that are adhered to throughout the entire organization. By establishing core values, we have set the bar extremely high for all of our employees in terms of how they operate and interact, both within the office and out in the field.

To learn more about Diamondback Energy, visit http://ir.diamondbackenergy.com/

Company Contact:
Travis Stice, Chief Executive Officer
tstice@diamondbackenergy.com
432-221-7400

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