Diamondback Energy Inc. (FANG) , one of the largest oil producers in the Permian Basin, is exploring innovative ways to meet the power demands of its drilling and fracking operations. As the company continues to expand its influence, particularly after the acquisition of Endeavor Energy, FANG faces a unique challenge to ensure a sustainable power supply in the face of an increasingly unreliable Texas power grid. Shifting From Diesel to Electric Power in the Permian Basin For years, oil and gas companies in ...