Range Resources Corp. spent most of last year picking up prospective acreage in the Marcellus Shale, and by year’s end it had doubled its leasehold to 900,000 net acres. Now the production phase is kicking in, and Range expects to build its natural gas output from a current net rate of 30 MMcf/d to up to 100 MMcf/d by the end of 2009, the CEO said Wednesday.
Doubled
Articles from Doubled
El Paso’s Profits Up 22%; Pipeline Backlog Doubles
El Paso Corp., which has doubled its natural gas pipeline backlog from a year ago with eight projects on the drawing board, delivered a solid quarterly report on Wednesday, with profit rising 22% from a year ago.
August 7, 2008
Raymond James: Big Shift to Horizontal Drilling in Oilpatch
The shift to more complex, unconventional drilling — launched by the success in the Barnett Shale — has doubled since 2000 and led to technological changes across the oil services sector, Raymond James & Associates Inc. energy analysts said last week.
June 16, 2008
Raymond James: Big Shift to Horizontal Drilling in Oilpatch
The shift to more complex, unconventional drilling — launched by the success in the Barnett Shale — has doubled since 2000 and led to technological changes across the oil services sector, Raymond James & Associates Inc. energy analysts said Monday.
June 10, 2008
CERA: Upstream Building Costs Climb 6% in Six Months
The costs to construct new oil and natural gas upstream facilities have jumped 6% in the past six months and have doubled in just three years, according to the most recent IHS/Cambridge Energy Research Associates (CERA) Upstream Capital Costs Index.
May 19, 2008
CERA: Upstream Building Costs Climb 6% in Six Months
The costs to construct new oil and natural gas upstream facilities have jumped 6% in the past six months and have doubled since 2005, according to the most recent IHS/Cambridge Energy Research Associates (CERA) Upstream Capital Costs Index.
May 15, 2008
Upstream Costs Surge to Record Highs
Costs to construct new oil and natural gas facilities have nearly doubled since 2005 and have surged to record highs, according to the IHS/Cambridge Energy Research Associates (CERA) Upstream Capital Costs Index (UCCI).
November 12, 2007
Upstream Costs Surging to Record Highs
Costs to construct new oil and natural gas facilities have nearly doubled since 2005 and surged to record highs, according to the IHS/Cambridge Energy Research Associates (CERA) Upstream Capital Costs Index (UCCI).
November 8, 2007
Western Canada Reserve Replacement Costs Skyrocket, Ziff Study Finds
The average full-cycle cost of new gas supply in Western Canada has more than doubled since 2000 to C$7.90/Mcf including a return on producers’ investment, significantly higher than the C$6.25/Mcf received by producers at the Alberta Gas Plant Gate during the first three quarters of 2007, according to Calgary-based Ziff Energy Group.
October 22, 2007
Western Canada Reserve Replacement Costs Skyrocket, Ziff Study Finds
The average full-cycle cost of new gas supply in Western Canada has more than doubled since 2000 to C$7.90/Mcf including a return on producers’ investment, significantly higher than the C$6.25/Mcf received by producers at the Alberta Gas Plant Gate during the first three quarters of 2007, according to Calgary-based Ziff Energy Group.
October 18, 2007
Listen to the latest episode of our newest podcast NGI's Hub and Flow via:
