• Range Resources Corp ( NYSE: RRC )

2024 Development Program Includes



Area

Category

2023

2024 Est. Initial
Updated
2024 Guidance
%Difference
(2023 vs 2024)
Company Wide Total Capital Expenditure ($mm)

        
Company Wide Frac / Completion Crew (s)

        
Company Wide Production Daily Equivalent (mmcfe/d)

 Click here for More Planned 2024 Activity

Permitting Activity


April 02,2024 : Range Resources Corp Permitted the SCHWOTZER ARTHUR 12705 1H Horizontal well in Washington,PA : Marcellus Shale
March 07,2024 : Range Resources Corp Permitted the LITTLE CLARA UNIT 4H Horizontal well in Washington,PA : Marcellus Shale
March 07,2024 : Range Resources Corp Permitted the LITTLE CLARA UNIT 5H Horizontal well in Washington,PA : Marcellus Shale
March 07,2024 : Range Resources Corp Permitted the LITTLE CLARA UNIT 7H Horizontal well in Washington,PA : Marcellus Shale
March 07,2024 : Range Resources Corp Permitted the LITTLE CLARA UNIT 11H Horizontal well in Washington,PA : Marcellus Shale
Click here for More Permits Activity

Completion Activity / Well Results


October 12,2021 : Range Resources Corp completed the KIM 7079H well in Roberts,TX . The Well flowed 308 boe/d which consists of 110 Oil BOPD and 1.146 MMcf of gas on a 4,170 foot lateral .
August 04,2015 : Range Resources Corp completed the RUSSELL 1075 well in Roberts,TX. The Well flowed 425 Mcf of gas .
June 11,2015 : Range Resources Corp completed the MAYO CLINIC 2134H well in Roberts,TX with 0 Million lbs of proppant using Slick Water Frac. The Well flowed 575 boe/d which consists of 252 Oil BOPD and 1,876 Mcf of gas on a 4,914 foot lateral .
June 04,2015 : Range Resources Corp completed the EWING 174 well in Roberts,TX. The Well flowed 483 Mcf of gas .
January 07,2015 : Range Resources Corp completed the KIM C3 2H well in Roberts,TX. The Well flowed 3,704 Mcf of gas on a 2,935 foot lateral .
Click here for More Completion Activity

Latest News & Activity




Deals - Range Resources Corp Acquisitions


Announce Date Price($MM) Region/Basin Headline
May-16-2016 Ark-La-Tex  Range Acquires Memorial Resource Development in $4.2B Deal
Mar-12-2014 Gulf Coast - Southeast Texas  ZaZa Expands Joint Venture Project in Eaglebine, Eagle Ford East
Dec-10-2007   Range Expands Barnett Shale Holdings
Total
More Deals...


Deals - Range Resources Corp Divestiture(s)


Announce Date Price($MM) Region/Basin Headline
Aug-04-2020 Ark-La-Tex - North Louisiana  Range Resources Exits Ark-La-Tex; Sells Lousiana Asset for $245MM
Oct-21-2019 Northeast  Range Resources Sells 0.5% Appalachia ORRI for $150 Million
Jul-19-2019 Northeast  Range Resources Lets Go of 20,000-Acre PA Asset in $34MM Deal
Total
More Deals...


Capital Raised


Announced DateAmount($MM) Type Headline
Jan-14-2022 Debt Range Resources Taps Debt Markets for $500MM in Private Offering
Jan-05-2021 Debt Range Resources Priced $600 Million in Senior Notes at 8.25 Percent
Aug-18-2020 Debt Range Resources Launches $200MM Private Debt Offering at 9.25%
Total
More Financing...


About


Range Resources Corporation operates as an independent natural gas, natural gas liquids NGLs, and oil company It engages in the acquisition, exploration, and development of natural gas and oil properties primarily in the Appalachian and southwestern regions of the United States The company drills and produces shale tight gas, coal bed methane, conventional natural gas, natural gas liquids, and oil in Pennsylvania, Virginia, and West Virginia of the Appalachian region It owns 5,051 net producing wells; approximately 3,400 miles of transportation and gas gathering lines; and 18 million gross acres under lease The company's drilling and producing activities in the southwestern United States cover the Permian Basin of West Texas, the Delaware Basin of New Mexico, the East Texas Basin, the Texas Panhandle, the Anadarko Basin of western Oklahoma, the Ardmore Basin of southern Oklahoma, the Nemaha Uplift of northern Oklahoma, and Kansas and Mississippi It owns 1,636 net producing wells, as well as approximately 890,000 gross acres under lease It sells gas to utilities, marketing companies, mid stream companies, and industrial users; and natural gas liquids to natural gas processors and other purchasers or users of NGLs The company was formerly known as Lomak Petroleum, Inc and changed its name to Range Resources Corporation in 1998 Range Resources Corporation was founded in 1975 and is headquartered in Fort Worth, Texas

100 Throckmorton Street
Suite 1200
Fort Worth TX 76102
Phone Number
817 870 2601






 Drilling Activity ( Jan 2017 - Apr 2024)
Basin
APPALACHIAN BASIN
ARKLATEX BASIN

Personnel (11 people)

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Senior VP Reservoir Engineering & Economics
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Phone : -
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VP Geology
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Land Manager
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Director Business Development
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Phone : -
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Gas Marketing Manager
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Drilling Manager
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VP Marketing Appalachia
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VP Engineering, Southern Marcellus Shale
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VP Southern Marcellus Shale Division
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SVP Northern Appalachia & Southwest Divisions
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Phone : -
Frist Name Last Name Title Email Phone
Alan Farquharson Senior VP Reservoir Engineering & Economics afarquharson@rangeresources.com 817-867-4217
Bill Zagorski VP Geology bzagorski@rangeresources.com 724-743-6727
Carl Steinle Land Manager csteinle@rangeresources.com 817-869-4131
Curtis Tipton Director Business Development ctipton@rangeresources.com 724-873-3229
Dave West Gas Marketing Manager dwest@rangeresources.com 724-743-5243
Don Robinson Drilling Manager drobinson@rangeresources.com 724-873-3202
Greg Davis VP Marketing Appalachia gdavis@rangeresources.com 724-743-6736
Joe Frantz VP Engineering Southern Marcellus Shale mpitzarella@rangeresources.com 724-873-3263
John Applegath VP Southern Marcellus Shale Division japplegath@rangeresources.com 724-743-6782
Mark Whitley SVP Northern Appalachia & Southwest Divisions mwhitley@range resources.com 817-869-4204
Worth Carlin VP Land-Southern Marcellus Shale wcarlin@rangeresources.com 724-873-3235

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2024 Development Program Includes Click here for More Planned 2024 Activity    



Area

Category

2023

2024 Est. Initial
Updated
2024 Guidance
%Difference
(2023 vs 2024)
Company Wide Total Capital Expenditure ($mm)

        
Company Wide Frac Crew

        
Company Wide Production Daily Equivalent (mmcfe/d)

 Company Divestiture

Announce Date Buyer$MMTypePlay/LocationDetails
Aug-04-2020 Property Cotton Valley,Ark-La-Tex 
Oct-21-2019 Royalty Marcellus Shale 
Jul-19-2019 Property Marcellus Shale 


 Company Acquisitions

Announce DateSeller$MMTypePlay/LocationDetails
May-16-2016 Corporate Cotton Valley 
Mar-12-2014 JV Eagle Ford Shale,Eaglebine/Woodbine 
Dec-10-2007 Property Barnett Shale 
No Results found

Range Touts Record 43.4 Mmcfe/d Marcellus Well, Utica Volumes in 1Q

April 28,2015
Production volumes reached a record high, averaging 1,328 Mmcfe per day, a 26% increase over the prior-year quarter.

Range Debuts Chart-Topping Utica Point Pleasant Well

April 06,2015
Range Resources has outlined its latest Utica Point Pleasant well, which is topping the charts as the best performing well drilled in the play to date.

Range Resources Closes Midcontinent Office

February 26,2015
The company cited low commodity prices as the reason for the closure.

The Marcellus in 2015: Budgets & Hedges

February 04,2015
Part II of our "Budgets & Hedges" feature series is focused on the Marcellus Shale play. Eight companies' 2015 budgets and hedge positions (if available) are detailed.

Range Makes Big Cut to 2015 Budget; Will Focus on Marcellus

January 16,2015
Although year-end audited financial amounts are not complete, Range expects that its total production growth for 2014 will approximate 24%.

Range Resources Hits Record 10.3 Tcfe in Reserves

January 16,2015
Range Resources Corp. reported that its proved reserves as of December 31, 2014 increased 26% to a record high of 10.3 Tcfe.

Range Resources Touts Record Utica Shale Well

December 18,2014
Range believes this well confirms its geological interpretation and enhances the value of Range's stacked-pay acreage position in southwest Pennsylvania.

Range Cuts Spending for 2015; Expects Record Production

December 15,2014
As a result of improving capital efficiencies from its Marcellus activities, Range expects to continue to deliver year-over-year production growth in the 20% to 25% range.

Range Hits Highest MidCont IPs in 3Q; Talks Completion Design

October 30,2014
The second highest oil rate well this year came on line this quarter at a 24-hour IP of 1,165 (941 net) boe per day.

Range Optimizing Frac Design in Marcellus, Longer Laterals in 2015

October 29,2014
Range saw an increase in production at both its Northern and Southern Marcellus divisions.

The Southwest Sweet Spot in the Marcellus

October 21,2014
Shale Experts is taking a look at other operators in the South-West Marcellus and their positions.

Range Continues Evaulation of Mississippian Chat Acreage

July 29,2014
The company is monitoring the performance of recent wells and employing improved geological targeting.

Range Betting on Pennsylvania Stacked Plays; IDs Hot Spot

July 29,2014
Range Resources Corp. has reported an update on its Marcellus and Utica shale operations. Additionally, the company addressed the area's midstream infrastructure.

Range Shuts In Wells After Incident at MarkWest Facility

May 29,2014
Based on preliminary reports from MarkWest, the impact to Range's production is expected to be minimal in the second quarter.

Range Exits Colombian PUT-7 Block; Focus on Trinidad

May 12,2014
Strategic decision for a partial withdrawal from Colombia.

Range Resources: Mid-Continent Well IP Hits 1,263 BOE/d

April 29,2014
After the end of the first quarter, the division drilled a well with the highest oil rate of any Range Mississippian Chat well drilled to date. The well tested at ..

Range Touts Marcellus Gusher in 1Q: IPs at 6,300 BOE/d

April 29,2014
Marcellus super-rich well tested at 24-hour rate of 6,357 boe per day, or 38.1 Mmcfe per day (65% liquids), with a 7,065 foot lateral and 36 frac stages.

Range Talks Marcellus Shale 4Q13 Ops; Looks to Target Utica

February 25,2014
In 2014, the Company also plans to drill a Utica/Point Pleasant well underneath its Marcellus position in...

Range Resources Optimizing Mississippian Frac Design

February 25,2014
Six wells were turned to sales in 2013 utilizing the larger frac design with an ...