UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
—————————————
FORM SD
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SPECIALIZED DISCLOSURE REPORT
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Civitas Resources, Inc.
(Exact name of registrant as specified in its charter)
—————————————
Delaware
(State or other jurisdiction of incorporation)
001-35371
(Commission File Number)
61-1630631
(I.R.S. Employer Identification No.)
555 17th Street, Suite 3700
Denver, Colorado 80202
(Address of principal executive offices, including zip code)
Adrian Milton
Senior Vice President, General Counsel and Assistant Corporate Secretary
(303) 293-9100
(Name and telephone number, including area code, of the person to contact in connection with this report)
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Check the appropriate box to indicate the rule pursuant to which this Form is being submitted, and provide the period to which the information in this Form applies:
☐    Rule 13p-1 under the Securities Exchange Act (17 CFR 240.13p-1) for the reporting period from January 1 to December 31, 2023.
☒        Rule 13q-1 under the Securities Exchange Act (17 CFR 240.13q-1) for the fiscal year ended December 31, 2023.


Section 2 – Resource Extraction Issuer Disclosure
Item 2.01.     Resource Extraction Issuer Disclosure and Report.
Disclosure of Payments by Resource Extraction Issuers
The specified payment disclosure required by this Form is included in Exhibit 2.01 to this Specialized Disclosure Report on Form SD.
On August 2, 2023, Civitas Resources, Inc. (the “Company”) completed its acquisitions (the “Acquisitions”) of all of the issued and outstanding equity ownership interests of Hibernia Energy III, LLC, Hibernia Energy III-B, LLC, Tap Rock AcquisitionCo, LLC, Tap Rock Resources II, LLC and Tap Rock NM10 Holdings, LLC (collectively, the “Acquired Entities”), whereby each of the Acquired Entities became a direct, wholly-owned subsidiary of the Company. In the last full fiscal year prior to the Acquisitions, none of the Acquired Entities were obligated to provide disclosure pursuant to Rule 13q-1 under the Securities Exchange Act of 1934, as amended. Accordingly, the Company is relying on the delayed reporting provision of Item 2.01(b) to delay reporting payment information for the Acquired Entities until the filing of the Company’s Specialized Disclosure Report on Form SD for the fiscal year ending December 31, 2024.
Business Segments of the Company
    As of December 31, 2023, the Company had one business segment: the acquisition, development, and production of crude oil and associated liquids-rich natural gas.
Projects of the Company
As of December 31, 2023, the Company owned and operated crude oil and natural gas wells in the Denver-Julesburg Basin in Colorado, the Permian Basin in Texas, and the Permian Basin in New Mexico, each of which it considers to be one project. The Company’s Permian Basin operations in Texas and New Mexico are a result of the completion of the Acquisitions. For additional information on the delayed reporting of payment information related to the Company’s Permian Basin operations in Texas and New Mexico, see “—Disclosure of Payments by Resource Extraction Issuers.”
Section 3 – Exhibits
Item 3.01.     Exhibits.


SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
CIVITAS RESOURCES, INC.

Date: September 23, 2024By:/s/ Adrian Milton
 Name:Adrian Milton
 Title:
Senior Vice President, General Counsel and Assistant Corporate Secretary



Exhibit 2.01
Resource Extraction Payment Report
Project-Level Disclosure
The table below sets forth details regarding payments made by Civitas Resources, Inc. and its consolidated subsidiaries (collectively, the “Company”) to governments for the year ended December 31, 2023, segregated by project and type of payment.
For the Year Ended December 31, 2023(1)
(in USD and in thousands)
ProjectSubnational Political JurisdictionGovernmentResourceMethod of ExtractionTaxesRoyaltiesFeesProduction EntitlementsBonusesDividendsPayments for Infrastructure Improvements
Community
and Social Responsibility Payments
Total
Denver-Julesburg BasinColoradoU.S. Federal GovernmentOil and natural gasWell$—$14,836$219$—$—$—$—$—$15,055
(1)All payments relate to the acquisition, development, and production of crude oil and associated liquids-rich natural gas, the Company’s sole reportable segment.
Government-Level Disclosure
The table below sets forth details regarding payments made by the Company to governments for the year ended December 31, 2023, segregated by government and type of payment.
For the Year Ended December 31, 2023(1)
(in USD and in thousands)
GovernmentTaxesRoyalties
Fees
Production EntitlementsBonusesDividendsPayments for Infrastructure Improvements
Community
and Social Responsibility Payments
Total
U.S. Federal Government$—$14,836$219$—$—$—$—$—$15,055
(1)All payments relate to the acquisition, development, and production of crude oil and associated liquids-rich natural gas, the Company’s sole reportable segment.



v3.24.3
Document Information
 12 Months Ended
Dec. 31, 2023
Document Information:  
Document Type 2.01 SD
Amendment false
CIK 0001509589
Registrant Name Civitas Resources, Inc.
Period End Date Dec. 31, 2023
Reporting Currency USD
v3.24.3
Payments, by Category - USD ($)
$ in Thousands
Royalties
Fees
Total Payments
Total [1] $ 14,836 $ 219 $ 15,055
[1]
All payments relate to the acquisition, development, and production of crude oil and associated liquids-rich natural gas, the Company’s sole reportable segment.
v3.24.3
Payments, by Project - 12 months ended Dec. 31, 2023 - USD ($)
$ in Thousands
Royalties
Fees
Total Payments
Total [1] $ 14,836 $ 219 $ 15,055
Denver-Julesburg Basin [Member]      
Total [2] $ 14,836 $ 219 $ 15,055
[1]
All payments relate to the acquisition, development, and production of crude oil and associated liquids-rich natural gas, the Company’s sole reportable segment.
[2]
All payments relate to the acquisition, development, and production of crude oil and associated liquids-rich natural gas, the Company’s sole reportable segment.
v3.24.3
Payments, by Government - 12 months ended Dec. 31, 2023 - USD ($)
$ in Thousands
Royalties
Fees
Total Payments
Total [1] $ 14,836 $ 219 $ 15,055
UNITED STATES      
Total [1] 14,836 219 15,055
UNITED STATES | U.S. Federal Government [Member]      
Total [1] $ 14,836 $ 219 $ 15,055
[1]
All payments relate to the acquisition, development, and production of crude oil and associated liquids-rich natural gas, the Company’s sole reportable segment.
v3.24.3
Payments, Details - 12 months ended Dec. 31, 2023 - USD ($)
$ in Thousands
Amount
Type
Country
Subnat. Juris.
Govt.
Project
Resource
Ext. Method
#: 1                
$ 14,836 Royalties UNITED STATES snj:US-CO U.S. Federal Government [Member] Denver-Julesburg Basin [Member] Oil And Natural Gas [Member] Well
#: 2                
$ 219 Fees UNITED STATES snj:US-CO U.S. Federal Government [Member] Denver-Julesburg Basin [Member] Oil And Natural Gas [Member] Well
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