Operator · Cana - Woodford Shale, Granite Wash & Marcellus Shale
Range Resources Corp
80 articles mentioning Range Resources Corp · Page 2 of 4
Operators Adopting Electric Frac Crews in 2020 Dev. Programs
More and more North East E&Ps are moving to Electric Frac Crews as a part of the frac spread mix. Range Resources recently signed an agreement with U.S. Well Services for a electric fleet in 2020....
Range Resources Reports Q4 2019 Results
Range Resources Corp. announced its fourth quarter and full-year 2019 financial results. Highlights All-in 2019 capital spending was $728 million, approximately $28 million less than the original budget Sold assets for gross proceeds of $785 million...
Appalachian 2020 E&P Activity Tracker: Wells Planned, Capex Budgets
Cabot Oil & Gas released its preliminary 2020 spending and the details are what we expected. The company is opting to deploy its "maintenance" plan, which calls for $575 million in capex (a 20% decrease vs....
Range/U.S. Energy Services Signs Electric Frac Fleet Agreement
U.S. Well Services, today announced it has executed a contract to provide electric hydraulic fracturing services for Range Resources which runs on electric power generated by natural gas turbine generators on the wellsite. Under the terms...
Range Facing 'Significant' Impairment Charge for Cotton Valley Asset
Range Resources Corp. is expecting a sizable impairement charge in regard to its North Louisiana / Cotton Valley asset, according to their recent filing with the SEC. Significant Drop in Asset Value According to the filing,...
Range Cutting Spending Nearly 30% for 2020; Aims for Flat Production
Range Resources has detailed its 2020 capital plans. The company noted it will be solely focused on its Marcellus asset in 2020. The compares to 90% in 2019 (the remaining 10% was spent on its assets...
Range Reduces Capital Budget; Well Count Unchanged
Range Resources has announced its third quarter 2019 financial results. Shale Experts comments and observations: Production was only down -2% sequentially -1% year over year. Basically you could say production was flat. Asset Sales totally $1.0...
Range Reports Mariner Pipeline Will See 'Downtime'
Range Resources has been notified by Sunoco that they will be performing optimization work at the Marcus Hook export terminal that is expected to result in more efficient transportation to end markets. This upgrade will cause...
Appalachian E&P; What to Expect in Second Half 2019
After combing through the Q2 2019 annoucements from Appalachian focused E&Ps, below are some interesting trends. 1. All E&Ps already spent more than 50% of their 2019 budgets so expect activity to slow in the later...
Range Talks New Strategy to Preserve Capital; 2019 Development Plan
Range Resources reported its Q2 2019 results. Below is a look at some key information. Based on the data, you can see that Range has been very careful to manage its development and the company is...
Range Resources Adds Oilfield Service Pro to Board
Range Resources reported that Margaret K. Dorman has been appointed to the Company's Board of Directors. Ms. Dorman's appointment is effective July 1 and was mutually agreed upon by the Company's Board of Directors and SailingStone...
Range Resources Promotes Degner to COO
Range Resources reported that Dennis Degner was appointed to the position of Senior Vice President Chief Operating Officer, effective immediately. About Degner Mr. Degner has been with Range for nine years, most recently as Senior Vice...
Range Talks Q1 Drilling Activity; SW Marcellus Output Up +14% YOY
Range Resources provided its Q1 2019 financial results as well as an overview of its operational results. Ops The table below summarizes estimated activity for 2019 regarding the number of wells to sales for each area....
Range Spending -17% Less in 2019, Louisiana Ops Take Biggest Hit; Talks Q4 Results
Range Resources has reported its Q4 2018 results as well as its 2019 capital plans. 2019 Plans - 2019 Capex: $756 million D&C: $685 million ($617 million for Appalachia (90%) / $69 million for N. Louisiana...
2019 Capex / Production Comparison YOY: Appalachia
As E&Ps begin to release 2019 operating plans, Shale Experts is taking a look at how the spending and production is changing YOY. We looked at major operators in Appalachia below. *Several companies have given ranges...
Range Resources Spends $20MM Less than Expected in 2018
Range Resources announced that 2018 capital spending is currently estimated to be approximately $20 million below the $941 million budgeted for the year. The Company's 2018 program was better than budget as a result of savings...
Range Resources Adds Former RSP Permian CEO to Board
Range Resources reported that Steve Gray has been appointed to the Company's Board of Directors. Mr. Gray's appointment is effective October 30, and was mutually agreed upon by the Company's Board of Directors and SailingStone Capital...
Range Touts Longest Marcellus Lateral Ever; Cuts Planned TILs Due to Longer Laterals
Range Resources reported its Q3 2018 results. Asset Sale Following third quarter 2018, Range signed and closed the sale of a proportionately reduced 1% overriding royalty in its Washington County, Pennsylvania leases for gross proceeds of...
Range's Marcellus Downspacing, Added Frac Stages Pays Off; Cotton Valley Output Down -25%
Range Resources reported its second quarter 2018 financial results. Highlights: - Production averaged a record 2,200 Mmcfe per day (up +13% YOY and flat from 1Q18) Liquids production averaged 117,520 barrels per day, a 12% increase...
Range Adding Two SailingStone-Approved Members to Board; Searches for New EVP
Range Resources and SailingStone Capital Partners LLC, owner of approximately 17% of Range's shares outstanding, today jointly announced that they have entered into an agreement for Range to appoint two mutually agreed upon independent directors to...