With 2013 in the rear-view mirror, Range Resources Corp. plans to spend more this year on a continuing strategy aimed at growing reserves and doubling production every four years, as the company’s top executive believes the Marcellus Shale drilling program is still in the “early innings.”
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Articles from Range
EQT Midstream Inks Deal With Range to Help E&P With Growing Marcellus Volumes
EQT Midstream Partners LP said Tuesday it has entered into agreements with a subsidiary of Range Resources Corp. to provide gathering, compression and transmission services for Range’s growing Marcellus Shale production in southwest Pennsylvania.
Range’s Challenge to Township’s Ordinance Postponed While Parties Wait for More on Act 13
The zoning board of South Fayette, PA, has agreed with Range Resources Corp. to indefinitely postpone a hearing for the company’s challenge to a 2010 ordinance that essentially restricts drilling in the small township.
EPA Followed Rules in Texas Contamination Case, Review Finds
The Environmental Protection Agency’s (EPA) Region 6 followed the rules three years ago when it issued an emergency order against Range Resources Corp., alleging that its Barnett Shale drilling activities caused methane contamination of water wells, according to recent findings of EPA’s Office of Inspector General.
Marcellus Helps Drive Range to New Heights
Heavy investments and a strong focus in the Marcellus Shale play have landed Range Resources Corp. a place in the 1 Bcfe/d club.
Range Prepares to Sell 70,000 Permian Basin Acres
In yet another move that reaffirms its commitment to oil projects in the Midcontinent and the liquids-rich portion of the Marcellus Shale in southwest Pennsylvania, Range Resources Corp.is putting up for sale 70,000 net acres in West Texas and essentially exiting the Permian Basin.
Physical, Futures, Waltz Lower as Storage Builds, Karen Threatens
Natural gas prices for Friday delivery fell a nickel on average Thursday as most traders elected to get their deals done ahead of a government storage report that was expected to have bearish overtones.
Broad Heat Lifts Most Quotes; Futures Retreat
The physical natural gas market for Tuesday delivery rose by 7 cents on average Monday as broad market strength was more than able to offset double-digit declines in the Marcellus Shale. Only a few scattered points along with the Marcellus lost ground, and most locations added close to a dime or more.
Western Pennsylvania Landman Pleads Guilty to Mail Fraud
One of two landmen accused of defrauding property owners in Washington County, PA, has pleaded guilty to one count of mail fraud in federal court.
Industry Begins Assessing Damage in Colorado
Some of the pieces, albeit uneven, were being put back in place Tuesday by natural gas and oil operators that have felt the sting of the torrential rains and flash flooding that has claimed lives and property throughout the Front Range of Colorado.