Over the past two decades, Diversified Energy Co. has grown into a $1.3 billion company that operates 69,000 natural gas wells across the Lower 48, which produce about 106,000 boe/d on average.
In fact, the Birmingham, AL-based and London Stock Exchange-listed firm claims it is the largest U.S. gas well operator.
“Natural gas will be key to the energy transition — ensuring affordable, reliable and clean energy that is available on demand,” CEO Rusty Hutson Jr. told NGI’s Shale Daily
[Actionable Insight: Did you know that NGI is one of only two Price Reporting Agencies that include trade data from the Intercontinental Exchange? Find out more.]
Unlike many independent exploration and production companies, Diversified has not focused on drilling and developing gas...