Seventh Amendment to Amended and Restated Credit Agreement, dated February 21, 2025, among Civitas Resources, Inc., the guarantors party thereto, the lenders party thereto, and JPMorgan Chase Bank, N.A., as the administrative agent

This SEVENTH AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT (this “Amendment”), dated as of February 21, 2025 (the “Seventh Amendment Effective Date”), is among CIVITAS RESOURCES, INC., a Delaware corporation (the “Borrower”); each of the undersigned guarantors (the “Guarantors”, and together with the Borrower, the “Credit Parties”); each of the Lenders that is a signatory hereto; and JPMORGAN CHASE BANK, N.A., as administrative agent for the Lenders (in such capacity, together with its successors in such capacity, the “Administrative Agent”).

A.The Borrower, the Administrative Agent, the Lenders and the Issuing Banks are parties to that certain Amended and Restated Credit Agreement dated as of November 1, 2021 (as amended, restated, amended and restated, supplemented or otherwise modified prior to the date hereof, the “Credit Agreement”), pursuant to which the Lenders have, subject to the terms and conditions set forth therein, made certain credit available to and on behalf of the Borrower.

B.The parties hereto desire to and have agreed to enter into this Amendment to, among other things, (i) amend the Credit Agreement as set forth in Section 2 hereof and (ii) evidence the increase of the Elected Loan Limit from $2,200,000,000 to $2,500,000,000 as set forth in Section 3 hereof, in each case, as set forth herein and to be effective as of the Seventh Amendment Effective Date.

NOW, THEREFORE, in consideration of the premises and the mutual covenants herein contained, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows:

Section 1.Defined Terms. Each capitalized term which is defined in the Credit Agreement, but which is not defined in this Amendment, shall have the meaning ascribed to such term in the Credit Agreement, as amended hereby. Unless otherwise indicated, all section references in this Amendment refer to sections of the Credit Agreement.

Section 2.Amendments as of the Seventh Amendment Effective Date. In reliance on the representations, warranties, covenants and agreements contained in this Amendment, and subject to the satisfaction of the conditions precedent set forth in Section 4 hereof, effective as of the Seventh Amendment Effective Date, the Credit Agreement shall be amended in the manner provided in this Section 2.

2.1Additional Definitions. Section 1.02 of the Credit Agreement is hereby amended to add thereto in alphabetical order the following definitions which shall read in full as follows:

Section 3.“Seventh Amendment” means that certain Seventh Amendment to Amended and Restated Credit Agreement dated as of the Seventh

Amendment Effective Date among the Borrower, the Guarantors party thereto, the Administrative Agent and the Lenders party thereto.

Section 4.“Seventh Amendment Effective Date” means February 21, 2025.

4.1Amended Definitions. The following definitions contained in Section 1.02 of the Credit Agreement are hereby amended and restated in their entirety to read in full as follows:

Section 5.“Arrangers” means, collectively, JPMorgan Chase Bank, N.A., Wells Fargo Securities, LLC, Citibank, N.A., KeyBanc Capital Markets Inc., Bank of America, N.A., Fifth Third Bank, National Association, U.S. Bank National Association, Truist Securities, Inc., Royal Bank of Canada, PNC Bank, National Association, Goldman Sachs Bank USA, Barclays Bank PLC, Capital One, National Association, TD Securities (USA), LLC, Mizuho Bank, Ltd. and The Bank of Nova Scotia, Houston Branch, in each case, in their respective capacities as joint lead arrangers and joint bookrunners hereunder.

Section 6.“Loan Documents” means this Agreement, the First Amendment, the Second Amendment, the Third Amendment, the Fourth Amendment, the Fifth Amendment, the Sixth Amendment, the Seventh Amendment, the Notes, the Letter of Credit Agreements, the Letters of Credit, the Security Instruments, the Guarantee Agreement, any Intercreditor Agreement, and the Fee Letter.

6.1Amendment to Section 2.01 of the Credit Agreement. Section 2.01(b)(i) of the Credit Agreement is hereby amended by deleting the words “the Elected Loan Limit as of the Sixth Amendment Effective Date is $2,200,000,000”, and inserting the words “the Elected Loan Limit as of the Seventh Amendment Effective Date is $2,500,000,000”.

6.2Replacement of Schedule 1.2. Schedule 1.2 to the Credit Agreement is hereby replaced in its entirety with Schedule 1.2 attached hereto, and Schedule 1.2 hereto shall be deemed to be attached as Schedule 1.2 to the Credit Agreement. Immediately after giving effect to this Amendment and any Borrowings made on the Seventh Amendment Effective Date, (a) each Lender who holds Loans in an aggregate amount less than its Applicable Revolving Credit Percentage of all Loans shall advance new Loans which shall be disbursed to the Administrative Agent and used to repay Loans outstanding to each Lender who holds Loans in an aggregate amount greater than its Applicable Revolving Credit Percentage of all Loans, (b) each Lender’s participation in each Letter of Credit, if any, shall be automatically adjusted to equal its Applicable Revolving Credit Percentage, (c) such other adjustments shall be made as the Administrative Agent shall specify so that the Revolving Credit Exposure applicable to each Lender equals its Applicable Revolving Credit Percentage of the aggregate Revolving Credit Exposure of all Lenders and (d) upon request by each applicable Lender, the Borrower shall be required to make any break funding payments owing to such Lender that are required under Section 5.02 of the Credit Agreement as a result of the reallocation of Loans and adjustments described in this Section 2.4.

Section 7.Election of Elected Loan Limit. In reliance on the representations, warranties, covenants and agreements contained in this Amendment, subject to the satisfaction of the conditions precedent set forth in Section 4 hereof, the Administrative Agent, the Lenders and

the Borrower agree that the Elected Loan Limit shall be increased from $2,200,000,000 to $2,500,000,000 and shall remain at $2,500,000,000 until subsequently decreased or increased pursuant to Section 2.01(b) of the Credit Agreement (the “Elected Loan Limit Increase”); provided that, the Lenders hereby consent to the occurrence of the Elected Loan Limit Increase notwithstanding (a) the requirement in Section 2.01(b)(ii) of the Credit Agreement that such an increase in the Elected Loan Limit must be in connection with either a Scheduled Redetermination or Interim Redetermination of the Borrowing Base and (b) any provision in Section 2.01(b) of the Credit Agreement that would otherwise require (i) an increase in the Elected Loan Limit to be made on a ratable basis among the Lenders or (ii) the Borrower to offer any such increase to each Lender.

Section 8.Conditions Precedent. The effectiveness of this Amendment is subject to the following:

8.1Counterparts. The Administrative Agent shall have received counterparts of this Amendment from (a) each of the Credit Parties, (b) each of the Lenders constituting the Majority Lenders and (c) each Increasing Lender (as defined below).

8.2Fees. The Administrative Agent shall have received all fees and other amounts due and payable (including fees due and payable for the account of the Lenders) on or prior to the Seventh Amendment Effective Date, including upfront fees for the account of each Increasing Lender equal to 52.5 basis points (0.525%) of such Increasing Lender’s Increased Commitment (as defined below). As used herein, “Increasing Lender” means each Lender whose Commitment immediately after giving effect to this Amendment exceeds such Lender’s Commitment that was in effect immediately prior to giving effect to this Amendment, and “Increased Commitment” means the amount of such excess.

8.3Notes. The Administrative Agent shall have received duly executed Revolving Credit Notes (or any amendment and restatement thereof, as the case may be) payable to each Revolving Credit Lender requesting a Revolving Credit Note (to the extent requested at least two (2) Business Days prior to the Seventh Amendment Effective Date) in a principal amount equal to its Maximum Credit Amount (as amended hereby) dated as of the date hereof.

Section 9.Miscellaneous.

9.1Confirmation and Effect. The provisions of the Credit Agreement (as amended by this Amendment) shall remain in full force and effect in accordance with its terms following the effectiveness of this Amendment, and this Amendment shall not constitute a waiver of any provision of the Credit Agreement or any other Loan Document except as expressly provided herein. Each reference in the Credit Agreement to “this Agreement”, “hereunder”, “hereof”, “herein”, or words of like import shall mean and be a reference to the Credit Agreement as amended hereby, and each reference to the Credit Agreement in any other document, instrument or agreement executed and/or delivered in connection with the Credit Agreement shall mean and be a reference to the Credit Agreement as amended hereby.

9.2Ratification and Affirmation of Credit Parties. Each of the Credit Parties hereby expressly (a) acknowledges the terms of this Amendment, (b) ratifies and affirms its obligations under the Loan Documents to which it is a party, (c) acknowledges, renews and extends its continued liability under the Loan Documents to which it is a party, (d) agrees, with respect to each Credit Party that is a Guarantor, that its Guarantee under the Guarantee Agreement remains in full force and effect with respect to the Obligations as amended hereby, (e) represents and warrants to the Lenders and the Administrative Agent that each representation and warranty of such Credit Party contained in the Credit Agreement and the other Loan Documents to which it is a party is true and correct in all material respects as of the date hereof and after giving effect to

the amendments set forth in Section 2 hereof except (i) to the extent any such representations and warranties are expressly limited to an earlier date, in which case, on and as of the date hereof, such representations and warranties shall continue to be true and correct in all material respects as of such specified earlier date, and (ii) to the extent that any such representation and warranty is expressly qualified by materiality or by reference to Material Adverse Effect, such representation and warranty (as so qualified) shall continue to be true and correct in all respects, (f) represents and warrants to the Lenders and the Administrative Agent that the execution, delivery and performance by such Credit Party of this Amendment are within such Credit Party’s corporate, limited partnership or limited liability company powers (as applicable), have been duly authorized by all necessary action and that this Amendment constitutes the valid and binding obligation of such Credit Party enforceable in accordance with its terms, except as the enforceability thereof may be limited by bankruptcy, insolvency or similar laws affecting creditor’s rights generally, and (g) represents and warrants to the Lenders and the Administrative Agent that, after giving effect to this Amendment, no Default or Event of Default exists.

9.3Counterparts. This Amendment may be executed by one or more of the parties hereto in any number of separate counterparts, and all of such counterparts taken together shall be deemed to constitute one and the same instrument. Delivery of this Amendment by fax or electronic transmission (e.g. “.pdf”) shall be effective as delivery of a manually executed original counterpart hereof. The execution and delivery of this Amendment shall be deemed to include electronic signatures on electronic platforms approved by the Administrative Agent, which shall be of the same legal effect, validity or enforceability as delivery of a manually executed signature, to the extent and as provided for in any applicable law, including the Federal Electronic Signatures in Global and National Commerce Act, the New York State Electronic Signatures and Records Act, or any other similar state laws based on the Uniform Electronic Transactions Act; provided that, upon the request of any party hereto, such electronic signature shall be promptly followed by the original thereof.

9.4No Oral Agreement. This written Amendment, the Credit Agreement and the other Loan Documents executed in connection herewith and therewith represent the final agreement between the parties and may not be contradicted by evidence of prior, contemporaneous, or unwritten oral agreements of the parties. There are no subsequent oral agreements between the parties that modify the agreements of the parties in the Credit Agreement and the other Loan Documents.

9.5Governing Law. This Amendment (including, but not limited to, the validity and enforceability hereof) shall be governed by, and construed in accordance with, the laws of the State of New York.

9.6Payment of Expenses. The Borrower agrees to pay or reimburse the Administrative Agent for all of its reasonable out-of-pocket costs and expenses incurred in connection with this Amendment, any other documents prepared in connection herewith and the transactions contemplated hereby, in each case, as and to the extent required pursuant to Section 12.03 of the Credit Agreement.

9.7Severability. Any provision of this Amendment which is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.

9.8Successors and Assigns. This Amendment shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns.

The parties hereto have caused this Amendment to be duly executed as of the day and year first above written.

By:    /s/ Marianella Foschi                

Name:    Marianella Foschi

Title:    Chief Financial Officer

By:    /s/ Marianella Foschi                

Name:    Marianella Foschi

Title:    Chief Financial Officer

as Administrative Agent and a Lender

By:    /s/ Umar Hassan            

Name:    Umar Hassan

Title:    Authorized Officer

as a Lender

By:    /s/ Alia Qaddumi            

Name:    Alia Qaddumi

Title:    Director

as a Lender

By:    /s/ Cliff Vaz                

Name:    Cliff Vaz

Title:    Vice President

as a Lender

By:    /s/ Jonathan H. Lee            

Name:    Jonathan H. Lee

Title:    Managing Director

as a Lender

By:    /s/ George McKean            

Name:    George McKean

Title:    Senior Vice President

as a Lender

By:    /s/ Robert Downey            

Name:    Robert Downey

Title:    Vice President

as a Lender

By:    /s/ Emilee Scott            

Name:    Emilee Scott

Title:    Authorized Signatory

as a Lender

By:    /s/ Greg Krablin            

Name:    Greg Krablin

Title:    Director

as a Lender

By:    /s/ Ryan Watson            

Name:    Ryan Watson

Title:    Senior Vice President

as a Lender

By:    /s/ Erin Grasty                

Name:    Erin Grasty

Title:    Vice President

as a Lender

By:    /s/ Chris Kuna                

Name: Chris Kuna

Title:    Senior Director

as a Lender

By:    /s/ Jonathan Schwartz            

Name:    Jonathan Schwartz

Title:    Authorized Signatory

as a Lender

By:    /s/ Guy C. Evangelista            

Name:    Guy C. Evangelista

Title:    Senior Vice President

as a Lender

By:    /s/ William Goodrich            

Name:    William Goodrich

Title:    Vice President

as a Lender

By:    /s/ Rebecca Kratz            

Name:    Rebecca Kratz

Title:    Authorized Signatory

as a Lender

By:    /s/ Sydney G. Dennis            

Name:    Sydney G. Dennis

Title:    Director

as a Lender

By:    /s/ Edward Sacks            

Name:    Edward Sacks

Title:    Managing Director

as a Lender

By:    /s/ Sam Cutler                

Name:    Sam Cutler

Title:    Director