v3.25.3
REVENUE FROM CONTRACTS WITH CUSTOMERS (Tables)
 9 Months Ended
Sep. 30, 2025
Revenue from Contract with Customer [Abstract]  
Schedule of Revenue
The following tables disaggregate the Company’s revenue from oil, natural gas and natural gas liquids by revenue generated from production on properties operated by Diamondback and revenue generated from production on properties operated by third parties:

Three Months Ended September 30,
20252024
Revenue Generated from Diamondback Operated Properties
Revenue Generated from Third-Party Operated Properties
Total
Revenue Generated from Diamondback Operated Properties
Revenue Generated from Third-Party Operated Properties
Total
(In millions)
Oil income$174 $158 $332 $99 $88 $187 
Natural gas income9 6 15 2 (1)1 
Natural gas liquids income30 16 46 12 9 21 
Total royalty income$213 $180 $393 $113 $96 $209 
Nine Months Ended September 30,
20252024
Revenue Generated from Diamondback Operated Properties
Revenue Generated from Third-Party Operated Properties
Total
Revenue Generated from Diamondback Operated Properties
Revenue Generated from Third-Party Operated Properties
Total
(In millions)
Oil income$438 $336 $774 $294 $264 $558 
Natural gas income26 14 40 6 3 9 
Natural gas liquids income71 39 110 34 28 62 
Total royalty income$535 $389 $924 $334 $295 $629