Exploration & Production | Incidents / Accidents
Range Shuts In Wells After Incident at MarkWest Facility
Range Resources Corp. has reported an update on its wells in regard to the lightning strike incident at MarkWest's processing facility in Houston, Pennsylvania.
Last night MarkWest reported an incident at its Houston, Pennsylvania complex which damaged a portion of its gas processing facilities. As a result, some Range wells are shut in while the plant is down to assess the damage.
Range and MarkWest are working closely and are in the process of diverting production to MarkWest's facilities at Majorsville, West Virginia while repairs are made to the Houston facilities.
Based on preliminary reports from MarkWest, the impact to Range's production is expected to be minimal in the second quarter. Range's second quarter production guidance remains at 1,065 to 1,075 Mmcfe per day.
Category | 2023 | 2024Est. Initial | Updated 2024 Guidance | %Difference (2023 vs 2024) |
Total Capital Expenditure($mm) |
Frac / Completion Crew (s) |
Production Daily Equivalent(mmcfe/d) |