CHKEW Company Profile and Key Details

Chesapeake Energy Corporation, established in 1989 and headquartered in Oklahoma City, Oklahoma, operates as an American independent energy company. Its core business involves the discovery, extraction, and development of crude oil, natural gas, and natural gas liquids (NGLs) from subterranean deposits throughout the United States. The company maintains a significant presence in key natural gas resource regions, including: The Marcellus Shale, located in Pennsylvania's Northern Appalachian Basin. The Haynesville play in Northwestern Louisiana. The Eagle Ford in South Texas. The Brazos Valley situated in Southeast Texas. The Powder River Basin in Wyoming. The Mid-Continent region, specifically the Anadarko Basin in northwestern Oklahoma. By the end of 2019, Chesapeake Energy held stakes in approximately 13,500 oil and natural gas wells and reported estimated proved reserves totaling 1,572 million barrels of oil equivalent.