Commodities
Viper Energy Reports Surge in Q1 Output Amid Sharp Rise in Well Activity
Texas-based Viper Energy (VNOM) reported Monday average output of 130,711 barrels of oil equivalent per day in Q1, more than double from 57,378 boe/d during the same period a year ago.The company turned 655 total gross horizontal wells to production during the quarter, with an average lateral length of 11,583 feet, up from 260 gross wells last year.Of these, 541 wells were operated by third parties, with Viper receiving a relatively modest average royalty interest of 1.2%. Diamondback Energy (FANG) operated 114 wells, with an average royalty yield of 7.5%.For Q2 2026, the company guided total output in the range of 124,000 and 126,000 barrels of oil equivalent per day, and between 126,000 and 130,000 boe per day for the full year.
$FANG$VNOM
