Diversified Energy expands emissions detection capability

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Diversified Energy Company said it will apply an additional 500 methane emissions detection devices to its Appalachian upstream field operations team as part of the company’s ongoing commitment to the environment.

The investment follows the a pilot project that deployed 100 devices across Appalachia, which proved to be effective at identifying small emissions for trained well tenders to eliminate at little or no incremental cost, the company said.

As a result of the pilot program, Diversified will use 600 hand-held methane emissions detection devices in its Appalachia operating area. The portable methane emission detection devices enable its staff to identify and remediate emissions otherwise undetectable using traditional techniques like AVO - or Audio, Visual and Olfactory, the company said.

Diversified’s investment in monitoring, effectively managing, and reducing its emissions is part of its existing Smarter Asset Management (“SAM”) programs and broader environmental, social and governance (ESG) initiatives, the company said.

Diversified said it is committed to repairing all emissions and to documenting and publicly disclosing the results of its emissions detection and repair activities.

“We are actively accelerating investments in emerging environmental technology that will greatly expand our field operations team’s ability to detect and repair methane emissions in Appalachia and across our broader asset base,” said Diversified CEO Rusty Hutson, Jr.

“Respecting environmental stewardship in making business decisions is a core value for our employees. Diversified remains committed to the continuous improvement of our environmental performance and to outpacing the expectations of our stakeholders.”

Diversified (LSE: DEC) is an upstream independent natural gas producer based in Birmingham, Alabama. Its market capital is about £996 million.