MORGANTOWN – Diversified Energy announced Monday that it has entered into a definitive agreement to acquire Maverick Natural Resources, a portfolio company of EIG Partners, for total consideration of approximately $1.275 billion. Alabama-based Diversified operates about 67,000 wells ...
MORGANTOWN – Hope Gas' proposal to abandon its Red Lines and convert about 479 customers to propane or electricity took a significant turn this week. Hope announced an arrangement with Diversified Midstream for Diversified to acquire the Red Lines. Hope told The Dominion Post in an email ...
MORGANTOWN — Regional natural gas producer Diversified Energy continues to make strides in curbing methane emissions and in capping orphaned and end-of-wells, according to its 2023 Sustainability Report. Diversified reduced its “methane intensity” by 33% from 2022, and by 50% from ...
MORGANTOWN – West Virginia has 15,655 total abandoned wells – about 6,300 considered orphaned. That doesn't include wells at or near the end of the useful lives on land leased by operators. The Infrastructure Investment and Jobs Act is bringing $212 million to West Virginia to plug as ...
MORGANTOWN — Regional natural gas producer Diversified Energy has undertaken two programs to detect and produce methane emissions from its wells. Diversified said it will be investing $3 million per year for three years in advanced technology to pinpoint methane emissions across its ...