Diversified Energy Company PLC operates as an independent energy company.
The company focuses on natural gas and liquids production, transportation, marketing and well retirement, primarily located within the Appalachian and Central regions of the United States.
On March 14, 2025, the company completed its previously announced acquisition of Maverick Natural Resources, LLC (Maverick). With its focus on efficient and environmentally sound energy production, the company is well-positioned to ass...
Diversified Energy Company PLC operates as an independent energy company.
The company focuses on natural gas and liquids production, transportation, marketing and well retirement, primarily located within the Appalachian and Central regions of the United States.
On March 14, 2025, the company completed its previously announced acquisition of Maverick Natural Resources, LLC (Maverick). With its focus on efficient and environmentally sound energy production, the company is well-positioned to assist in meeting national and global energy demands.
Significant Fields
The company operates in four primary producing areas: (i) Appalachia, (ii) East Texas and Louisiana, (iii) the Barnett Shale, and (iv) the mid-continent region.
Transportation and Marketing
Diversified Energy Marketing, LLC, the company’s wholly owned marketing subsidiary, focuses on commodity marketing, asset optimization, producer services and strategic management of its transportation portfolio.
The company offers a comprehensive suite of services, including the marketing of natural gas, NGL’s and oil, risk management, logistical support and strategic transportation management. This approach maximizes market presence, financial outcomes and consistent product flow, capitalizing on the company’s transportation infrastructure and vertically integrated midstream systems. The company’s midstream infrastructure and strategic arrangements provide access to high-demand markets, particularly in the U.S. Gulf Coast, while utilizing low-cost transportation in Appalachia. This synergy with the company’s asset profile ensures advantageous pricing and flow assurance with minimal firm transportation agreements. As of December 31, 2024, the company’s transportation arrangements provide access to 522 MMcfepd of takeaway capacity.
Environmental Laws
The federal Clean Water Act (‘CWA’) and corresponding state laws affect the company’s operations by regulating storm water or other discharges of substances, including pollutants, sediment, and spills and releases of oil, brine and other substances, into surface waters, and in certain instances imposing requirements to dispose of produced wastes and other oil and gas wastes at approved disposal facilities.
Natural gas pipelines serving the company’s operations are subject to regulation by the U.S. Department of Transportation’s Pipeline and Hazardous Materials Safety Administration (‘PHMSA’) pursuant to the Natural Gas Pipeline Safety Act of 1968 (‘NGPSA’), as amended by the Pipeline Safety Act of 1992, the Accountable Pipeline Safety and Partnership Act of 1996, the Pipeline Safety Improvement Act of 2002 (‘PSIA’), the Pipeline Inspection, Protection, Enforcement and Safety Act of 2006, and the 2011 Pipeline Safety Act.
The Federal Resource Conservation and Recovery Act (‘RCRA’) and corresponding state laws and regulations impose requirements for the management, treatment, storage and disposal of hazardous and non-hazardous wastes, including wastes generated by the company’s operations.
The company’s operations are subject to regulation under the federal Occupational Safety and Health Act (‘OSHA’) and comparable state laws in some states, all of which regulate health and safety of employees at its operations.
History
The company was founded in 2001. The company was incorporated in 2014. The company was formerly known as Diversified Gas & Oil PLC and changed its name to Diversified Energy Company PLC in 2021.