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E&P

Royalty Interest

Viper Energy, Inc., a Subsidiary of Diamondback Energy, Inc., to Acquire Sitio Royalties Corp. in All-Equity Transaction; Increases Base Dividend

Oil & Gas 360º

JUNE 3, 2025

existing net DUCs and permits with an average lateral length of ~9,500 feet PRO FORMA HIGHLIGHTS Approximately 85,700 net royalty acres in the Permian Basin; ~43% operated by Diamondback Pro forma Viper owns an average 1.8% About Sitio Royalties Corp. billion which equates to less than 1.0x mboe/d) Approximately 16.1

Royalty

Royalty Energy Energy Basin

Who Owns the Empty Space? Texas Supreme Court Affirms Surface Ownership of Salt Caverns in Landmark Ruling

Producer's Edge

MAY 19, 2025

Anadarko E&P Onshore, LLC, 520 S.W.3d Second, the Court bluntly stated its view that "[e]mpty space is not a mineral, no matter how economically valuable it becomes," and later stated “despite its apparent complexity, much of this case boils down to the elementary observation that empty space is not salt."

Royalty

Royalty Casing E&A Oil

Energy Aggregated

Viper Energy, Inc., a Subsidiary of Diamondback Energy, Inc., to Acquire Sitio Royalties Corp. in All-Equity Transaction; Increases Base Dividend

Who Owns the Empty Space? Texas Supreme Court Affirms Surface Ownership of Salt Caverns in Landmark Ruling

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