Diamondback Energy
500 West Texas Ave, Suite 100,
Midland, 79701, TX,
United States
Midland, 79701, TX,
United States
1 432-221-7400
Oil, Gas and Chemicals
Diamondback Energy Technographics
Diamondback Energy Technographics, Software Purchases, AI and Digital Transformation Initiatives
Discover the latest software purchases and digital transformation initiatives being undertaken by Diamondback Energy and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 1983 Diamondback Energy employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Diamondback Energy has purchased the following applications: Oildex OpenInvoice for AP Automation in 2015, Peloton Wellview for Drilling Operations Management in 2018, Microsoft 365 for Collaboration in 2019 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Diamondback Energy is running and its propensity to invest more and deepen its relationship with Oildex , Enverus , SAP or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing Diamondback Energy revenues, which have grown to $11.02 billion in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for Diamondback Energy intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
Diamondback Energy Tech Stack and Enterprise Applications
Diamondback Energy ERP
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Oildex | Legacy | Oildex OpenInvoice | AP Automation | ERP | n/a | 2015 | 2015 |
In 2015, Diamondback Energy implemented Oildex OpenInvoice as its AP Automation solution. The deployment was used to code, cross reference, and process vendor invoices inside the Oildex OpenInvoice software, providing a centralized application for accounts payable activity and finance transaction handling.
Configuration and operational work centered on invoice coding standards, cross reference rules, and processing pipelines, with staff coding, cross referencing, and processing invoices in the Open Invoice software as described. Governance practices included establishing role based approval workflows, automated validation and exception routing typical of AP Automation implementations, and standardized invoice handling procedures for the accounts payable function.
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AP Automation | ERP |
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2017 | 2017 |
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ERP Financial | ERP |
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2025 | 2025 |
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Diamondback Energy ERP Services and Operations
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Peloton | Legacy | Peloton Wellview | Drilling Operations Management | ERP Services and Operations | n/a | 2018 | 2018 |
In 2018, Diamondback Energy implemented Peloton Wellview for Drilling Operations Management. The deployment was adopted by Diamondback's Oklahoma City finance and operations teams to support drilling data capture and joint interest billing related workflows.
Peloton Wellview was configured to provide well lifecycle and drilling data management, operational reporting, and cost accumulation capabilities typical of the Drilling Operations Management category. Configuration emphasized capture of drilling and capital transactions, production and expense tracking, and report generation used to drive the monthly payout close process and JIB rebills.
The operational environment included Peloton Wellview alongside Excalibur, SAP, EnergyLink, SSI, and MS Suite, with Peloton-sourced operational and well-level records feeding downstream accounting and JIB workflows. Those downstream workflows included processing non-operated joint venture billing into Excalibur, running test cycles before live posting, and submitting deck update requests on wells after payout.
Governance for the implementation emphasized accounting controls and process standardization, including established and updated accounting procedures, monthly reconciliation of balance sheet accounts, variance analysis by cost center, journal entry corrections, and a centralized monthly payout close process. Operational ownership rested with JIB and accounting teams who executed reconciliation, audit support, and payout statement generation while using Peloton Wellview data as the primary operational record.
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Oil Gas and Chemicals ERP | ERP Services and Operations |
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2017 | 2017 |
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Oil Gas and Chemicals ERP | ERP Services and Operations |
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2018 | 2018 |
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Diamondback Energy Collaboration
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Microsoft | Legacy | Microsoft 365 | Collaboration | Collaboration | n/a | 2019 | 2019 |
In 2019, Diamondback Energy deployed Microsoft 365 as a Collaboration solution. The deployment is surfaced on the corporate website and identifies Microsoft 365 as the central collaboration platform for the company.
The Microsoft 365 implementation centers on standard Collaboration capabilities such as Exchange Online for enterprise email, SharePoint Online for intranet and document management, Microsoft Teams for chat and meetings, and OneDrive for individual file synchronization. For a corporate deployment of this type, operational scope typically covers corporate functions including communications, IT and document-intensive teams, and governance emphasis is commonly placed on tenant administration, information classification and access control to align Collaboration tooling with corporate policies.
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Diamondback Energy CRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Customer Experience | CRM |
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2021 | 2021 |
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Data Management Platform | CRM |
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2020 | 2020 |
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Marketing Analytics | CRM |
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2021 | 2021 |
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Marketing Automation | CRM |
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2020 | 2020 |
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Tag Management | CRM |
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2021 | 2021 |
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Diamondback Energy ITSM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Application Performance Management | ITSM |
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2020 | 2020 |
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Diamondback Energy IaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Application Hosting and Computing Services | IaaS |
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2013 | 2013 |
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Content Delivery Network | IaaS |
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2019 | 2019 |
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Diamondback Energy CyberSecurity
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Secure Email Gateways (SEGs) | CyberSecurity |
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2021 | 2021 |
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IT Decision Makers and Key Stakeholders at Diamondback Energy
| First Name | Last Name | Title | Function | Department | Phone | |
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Vice President, Information Technology | VP | IT | |
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President and Chief Financial Officer | CXO | Finance | |
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Chairman of the Board and Chief Executive Officer | CXO | Finance | |
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Director of Finance | Director | Finance | |
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Apps Being Evaluated by Diamondback Energy Executives
APPS RUN THE WORLD tracks software evaluation trends across 2 million companies worldwide, including buyer insights from Diamondback Energy IT executives and key decision makers. This section highlights Diamondback Energy's latest recorded technology evaluations, including SAP S/4 HANA for ERP Financial on 2025-02-06. As part of ARTW Buyer Intent and technographics insights, these findings provide useful visibility into the Diamondback Energy digital transformation priorities and AI adoption trends.
| Date | Company | Status | Vendor | Product | Category | Market |
|---|---|---|---|---|---|---|
| 2025-02-06 | Diamondback Energy | Evaluated | SAP | SAP S/4 HANA | ERP Financial | ERP |
FAQ - APPS RUN THE WORLD Diamondback Energy Technographics
Diamondback Energy is a Oil, Gas and Chemicals organization based in United States,
with around 1983 employees and annual revenues of $11.02 billion.
Diamondback Energy operates a diverse technology stack with applications such as
Oildex OpenInvoice, Peloton Wellview and Microsoft 365,
covering areas like AP Automation, Drilling Operations Management and Collaboration.
Diamondback Energy has invested in cloud applications and AI-driven platforms to optimize efficiency and growth,
collaborating with vendors such as Oildex, Peloton and Microsoft.
Diamondback Energy recently adopted applications including
SAP S/4 HANA in 2025, Adobe Experience Cloud in 2021 and Adobe Analytics Cloud in 2021,
highlighting its ongoing modernization strategy.
APPS RUN THE WORLD maintains an up-to-date database of Diamondback Energy’s key decision makers and IT executives,
available to Premium subscribers.
Our research team continuously updates Diamondback Energy’s profile with verified software purchases,
vendor relationships, and digital initiatives identified from public and proprietary sources.
Subscribe to APPS RUN THE WORLD to access the complete Diamondback Energy technographics profile,
including detailed breakdowns by category, vendor, and IT decision makers.