Diversified Drops ‘Gas & Oil’ from Name, Looks to Expand
Diversified Gas & Oil Company, which owns close to 8 million acres of leases with some 60,000 (mostly) conventional oil and gas wells (with over 400 Marcellus/Utica shale wells) in the Appalachian Basin, is no longer calling itself Diversified Gas & Oil Company. Instead, the company has changed its name to Diversified Energy Company. The company also changed its website URL from the old dgoc.com to div.energy. However, the mission remains the same: grow by buying older/existing gas and oil wells.
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Two weeks ago we brought you the sad news that completion and startup for Equitrans’ 303-mile Mountain Valley Pipeline (MVP) and the company’s 75-mile extension to it called MVP Southgate will now be delayed until 2022 and 2023 respectively (see 
This Wednesday the radicals of “Protect PT” (Penn Township)–a group funded with shadowy Big Green money–will try to convince the Democrats sitting on Pennsylvania’s Supreme Court to overturn legal and safe shale drilling at well pads in Penn Township (Westmoreland County, PA). Olympus Energy (formerly Huntley & Huntley) previously submitted plans to drill multiple wells on two new well pads in the township. The Zoning Hearing Board approved the plans.
Did you know that Mom Earth is polluting…herself? Did you know that Mom Earth is responsible for her own global warming? Yeah. You see, a full 25% of all so-called fugitive methane emissions (methane that goes unfiltered up into the atmosphere) come from swamps. Or what you may call “wetlands.” And there isn’t a darned thing we mankind can do about it because, well, they’re wetlands and pristine and if you drain them, that’s an environmental crime against Mom Earth. Yet swamps are causing a big, fat global warming issue. What’s an environmentalist wacko to do?
MARCELLUS/UTICA REGION: Utica Shale Academy continues to grow; U.S. oil, gas drilling permitting jumps by double digits in April; Marathon Petroleum completes sale of Speedway convenience stores to 7-Eleven; NATIONAL: Can U.S. LNG compete in an increasingly crowded market?; Where does U.S. natural gas production go from here?; Natural gas, America’s no. 1 power source, already has a new challenger; INTERNATIONAL: Role of natural gas will become more and more important over the coming years.