Landowners Ink $6.5M Deal To Cap Inactive Gas Wells

By Carla Baranauckas ( November 8, 2024, 5:00 PM EST) -- A group of landowners is asking a West Virginia federal court to approve a proposed settlement that would have Diversified Energy Co. more than quadruple its commitment to plugging inactive gas wells that it obtained from EQT Corp., meaning that it will cap off at least 2,600 wells in West Virginia, Ohio, Kentucky, Pennsylvania, Virginia and Tennessee by 2035....

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