v3.26.1
ACQUISITIONS AND DIVESTITURES (Details)
$ in Millions
6 Months Ended 12 Months Ended
Feb. 09, 2026
USD ($)
a
bbl
Aug. 19, 2025
USD ($)
a
shares
May 01, 2025
USD ($)
a
bbl / d
well
shares
Jun. 30, 2026
USD ($)
a
Dec. 31, 2025
a
Asset Acquisition [Line Items]          
Number of net royalty acres | a       87,440 96,003
Sitio Acquisition          
Asset Acquisition [Line Items]          
Number of net royalty acres | a   34,300      
Asset acquisition, consideration transferred, equity interest issued and issuable | $   $ 4,000      
Asset acquisition, acquiree retirement of debt | $   $ 1,200      
Sitio Acquisition | Common Class A          
Asset Acquisition [Line Items]          
Equity to be transferred (in shares) | shares   38,536,236      
Sitio Acquisition | Common Class B          
Asset Acquisition [Line Items]          
Equity to be transferred (in shares) | shares   35,619,951      
Sitio Acquisition | Operating Company Units          
Asset Acquisition [Line Items]          
Equity to be transferred (in shares) | shares   35,619,951      
Sitio Acquisition, Permian Basin          
Asset Acquisition [Line Items]          
Number of net royalty acres | a   25,300      
Sitio Acquisition, Denver-Julesburg, Eagle Ford And Williston Basins          
Asset Acquisition [Line Items]          
Number of net royalty acres | a   9,000      
Certain Diamondback Subsidiaries          
Asset Acquisition [Line Items]          
Number of net royalty acres | a     24,446    
Daily oil production (in barrels) | bbl / d     17,097    
Consideration transferred | $     $ 873    
Average net royalty interest     2.20%    
Asset acquisition, proved developed production, number of wells, gross | well     5,574    
Asset acquisition, completed production, number of wells, gross | well     116    
Asset acquisition, uncompleted production well, number of wells, gross | well     394    
Certain Diamondback Subsidiaries | Diamondback Energy, Inc.          
Asset Acquisition [Line Items]          
Percentage of acreage operated by beneficial interest holder     69.00%    
Percentage of wells operated by beneficial interest holder     32.00%    
Certain Diamondback Subsidiaries | Common Class B          
Asset Acquisition [Line Items]          
Equity to be transferred (in shares) | shares     69,626,640    
Certain Diamondback Subsidiaries | Operating Company Units          
Asset Acquisition [Line Items]          
Equity to be transferred (in shares) | shares     69,626,640    
Unrelated Third-Party Sellers | Permian Basin Acquisition, 2026          
Asset Acquisition [Line Items]          
Number of net royalty acres | a       519  
Consideration transferred | $       $ 95  
Diamondback Energy, Inc. | Permian Basin Acquisition, 2026          
Asset Acquisition [Line Items]          
Number of net royalty acres | a       59  
Consideration transferred | $       $ 12  
Unsecured Debt | Term Loan | Line of Credit          
Asset Acquisition [Line Items]          
Debt outstanding | $ $ 500        
Revolving Credit Facility | The Revolving Credit Facility | Line of Credit          
Asset Acquisition [Line Items]          
Debt outstanding | $ 90     $ 95  
Disposal Group, Disposed of by Sale, Not Discontinued Operations | Divestiture of Non-Permian Assets          
Asset Acquisition [Line Items]          
Proceeds from sale of acres | $ $ 610        
Number of net royalty acres | a 9,400        
Daily oil production (in barrels) | bbl 4,750