It's actually a little-known company based in Birmingham, Alabama
Earlier this year, Hutson took that same business model and applied it the Haynesville, Barnett and SCOOP/STACK regions in the south/central part of the country. “That will be a big operating area for us for growth moving forward,” he said.
“If it’s not us operating these wells, who is it going to be?” Hutson asked. “We’ve acquired a lot of these assets that other companies weren’t putting capital into these wells. We buy them; we maintenance them; we fix them; we enhance their production; we reduce their emissions; we fix pipelines; we get the gas into production. The key ESG story for us is we’re taking wells that other companies may not be producing as efficiently and getting more production out of them.
“They took a University of Cincinnati professor out there and went to 44 well sites across 60,000 that we operate,” he answered. “They’ve never met me, never talked to me.” The professor, using what Hutson assumed to be an LDAR camera that can spot emissions that are invisible to the naked eye, was able to identify emissions rising from many of those sites.
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