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Range to Supersize Marcellus Laterals in 2018; Touts 20.2 MMcfe/d Cotton Valley IP
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Range reported its Q3 2017 results. Highlights from its release / call include:
Record Q3 production totaled 1.99 Bcfe per day, up +32% YOY Focusing on drilling longer laterals going into 2018 - no formal guidance announced as of yet Marcellus Activity - Longer LateralsRange plans to begin drilling 10,000'+ laterals in the SW Marcellus in 2018, this is a +17% increase from the 8,550' average in 2017.
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