Company type | Public |
---|---|
Industry | Petroleum industry |
Predecessor | Chesapeake Energy Southwestern Energy |
Founded | 1989 |
Founders | |
Headquarters | Oklahoma City, Oklahoma, U.S. |
Key people |
|
Products | Natural gas |
Production output | 3,470 MMcf of natural gas per day (2023) |
Revenue | US$8.721 billion (2023) |
3,780,000,000 United States dollar (2022) | |
US$2.419 billion (2023) | |
Total assets | US$14.376 billion (2023) |
Total equity | US$10.729 billion (2023) |
Number of employees | c. 1,000 (December 2023) |
Website | www |
Footnotes / references [1] |
Expand Energy Corporation is a natural gas exploration and production company headquartered in Oklahoma City. It was previously known as Chesapeake Energy Corporation.
In 2023, the company produced 3,470 MMcf of natural gas per day.[1] As of December 31, 2023, the company had 9,688 Bcf of proved reserves.[1]
The company operates in the Appalachian Basin of the Marcellus Formation in Pennsylvania and West Virginia, as well as the Haynesville Shale in Northwestern Louisiana. The company also controls 2,518,519 net undeveloped acres in New Brunswick, Canada, which are subject to an indefinite moratorium on hydraulic fracturing due to public opposition and cannot be developed.