In case you missed it, for the first time in 25 years, $DEC has its own operated hz drilling program in Oklahoma as a result of our acquisition of assets from Camino.
Twenty-five years into Diversified Energy’s story, we’re adding to our playbook with our first operated well.
The Sequoyah 1307 31-30 1MXH in Oklahoma reached total depth just 12.5 days after drilling began.
Thanks to our team, Cactus Drilling and the crews who got us here.
"When a well reaches the end of its productive life, we also believe producers shouldn’t walk away. They should retire it responsibly so it is not left as a burden for the community or taxpayers."
Rusty Hutson Jr. in the @bhambizjrnl
https://t.co/a4NTwAl7gM
@ReganCoda@FracSlap@nimblephatty@collide_ai Agree you can’t escape that scorecard but it’s often a lagging indicator of the direction of the company. The then-board knew in April 2023 there was a rough road ahead for the company (hence the need for new leadership).
@ReganCoda@FracSlap@nimblephatty@collide_ai Depends on the hand you’re dealt. I’m familiar with some of the challenges he inherited (operational, financial and otherwise) and he’s done a great navigating that.
At our Longview, Texas 25th anniversary celebration, we recognized Eddie Acord, his son Clay Smith and grandson Byron Smith, three generations of Diversified employees.
For Eddie, being “proven” means keeping your word, standing by people, and being someone others can count on.
Happy Labor Day!
Today, we recognize the people who power Diversified.
From the field to the office, our employees help keep American energy flowing and support the communities where we live and operate.
Thank you for your dedication, hard work, and commitment.