Could the reason be "Reserve Based Lending" Jim? How does an emperor keep its clothes on in a data room?

I have never heard of a drop down transaction until now. https://www.diamondbackenergy.com/news-releases/news-release-details/diamondback-energy-inc-announces-drop-down-transaction

"A drop-down transaction is a financial maneuver where a borrower transfers collateral from restricted entities to an unrestricted subsidiary, allowing that subsidiary to incur new debt without being bound by the original financing agreements. This strategy is often used by companies to manage their capital structure and navigate financial challenges."

https://www.dechert.com/content/dam/dechert%20files/knowledge/onpoint/2023/1/Liability-Management-Transactions-Part-II-Drop-down-Transactions.pdf

With Permian tier 1 locations almost exhausted, lower productivity per well, higher operating costs how does a pure play Permian pubco prevent self liquidation?