v3.26.1
REVENUE FROM CONTRACTS WITH CUSTOMERS (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Disaggregation of Revenue [Line Items]        
Royalty income $ 658 $ 287 $ 1,154 $ 531
Revenue Generated from Diamondback Operated Properties        
Disaggregation of Revenue [Line Items]        
Royalty income 324 177 569 322
Revenue Generated from Third-Party Operated Properties        
Disaggregation of Revenue [Line Items]        
Royalty income 334 110 585 209
Oil income        
Disaggregation of Revenue [Line Items]        
Royalty income 582 241 1,010 442
Oil income | Revenue Generated from Diamondback Operated Properties        
Disaggregation of Revenue [Line Items]        
Royalty income 279 144 487 264
Oil income | Revenue Generated from Third-Party Operated Properties        
Disaggregation of Revenue [Line Items]        
Royalty income 303 97 523 178
Natural gas income        
Disaggregation of Revenue [Line Items]        
Royalty income 1 10 17 25
Natural gas income | Revenue Generated from Diamondback Operated Properties        
Disaggregation of Revenue [Line Items]        
Royalty income 4 8 14 17
Natural gas income | Revenue Generated from Third-Party Operated Properties        
Disaggregation of Revenue [Line Items]        
Royalty income (3) 2 3 8
Natural gas liquids income        
Disaggregation of Revenue [Line Items]        
Royalty income 75 36 127 64
Natural gas liquids income | Revenue Generated from Diamondback Operated Properties        
Disaggregation of Revenue [Line Items]        
Royalty income 41 25 68 41
Natural gas liquids income | Revenue Generated from Third-Party Operated Properties        
Disaggregation of Revenue [Line Items]        
Royalty income $ 34 $ 11 $ 59 $ 23