Appalachian-focused Range Resources Corp. plans to maintain natural gas and natural gas liquids (NGL) production into next year using hedging and efficiencies to capture the forecast surge in demand as Gulf Coast LNG export facilities start up next year.

The management team held a conference call to discuss the latest results and the expected growing demand for liquefied natural gas exports.

After last year’s soaring commodity prices, a glut of mostly oil-associated gas helped push Henry Hub below $4.00/MMBtu beginning in January Since then, gas prices averaged around $2.50 through mid-October, according to NGI historical price data. The Energy Information Administration also recently reported that U.S. gas-directed rigs had fallen 24% since the start of the year because of...