Utica Point Pleasant Play - Ranges View on a Key Appalachian Basin Unconventional Target & Plans for Future Development STRH 5th Utica Shale Mini Conference November 14, 2013
1 Million Net Acres Prospective for Shale in PA Northwest 315,000 net acres(1) (Legacy acreage is largely held by shallow production) Northeast 145,000 net acres (One rig is projected to hold all blocked up acreage being…
Pennsylvania Stacked Pays Net Acreage Wet Dry Total Acreage Acreage Acreage Upper Devonian 330,000 235,000 565,000 Marcellus 480,000 355,000 835,000 Utica 180,000 400,000 580,000 990,000 990,000 1,980,000 Stacked pays…
Western PA Wet and Dry Utica/Point Pleasant POINT PLEASANT ABSENT Range has significant acreage positions in the Utica shale play 400,000 net acres are prospective for dry Utica 180,000 net acres are prospective for wet Utica…
Resource Potential is 9 to 13 Times Proved Reserves Net Unproven Gas Liquids Resource Area Resource (Tcf) (Mmbbls) Potential (Tcfe) Marcellus Shale 27 35 1,800 2,400 38 49 Upper Devonian Shale 8 12 600 940 12 18…
Utica Point Pleasant Play IP Test Summary Map The Utica Point Pleasant Play has been in active since 2010 in Pennsylvania and 2011 in Ohio. Reported initial test rates range from 1 Mmcfe/d to over 40 Mmcfe/d. Activity has been…
Thermal Maturity Trends Utica Point Pleasant Play Thermal maturity trends are key factors in the play. Up-dip limits to date appear to relate to the oil to wet gas window boundary to the west. Down-dip limits not yet fully…
Overview Map of Point Pleasant Play The Point Pleasant member becomes most organic rich in eastern Ohio and southwestern Pennsylvania and in the West Virginia Panhandle. Average TOCs up to 4.0% noted. Represents the primary play…
Overview Map of Utica Shale Play The Utica Shale member overlying the Point Pleasant becomes more organic rich in northwestern Pennsylvania. Average TOCs up to 3.0% noted. Primary play target in the region. Results to date…
Key Play Element Pay quality, efficiency. NTG Ratio Optimal results in play located in areas displaying highest net to gross ratio. Strong basement structure control on depositional trends and reservoir quality in the Utica Point…
Regional Cross Section Showing Utica Source To Seal Facies Change Regional cross sections showing facies change from organic rich Utica shale to non organic seal and IPs. 12 12
Log Section Showing Utica Source To Seal Facies Change Organic Utica Section Non-organic Utica Section 13
Utica Point Pleasant Play IP Test Summary Map Zoom showing position of RRC area of interest for the Utica Point Pleasant play. 14
Range Focus Area Utica Point Pleasant NTG Ratio Zoom showing position of RRC area of interest for the Utica Point Pleasant play. 15 15
Range Focus Area Utica Point Pleasant IP per Stage Zoom showing position of RRC area of interest for the Utica Point Pleasant play. 16 16
Utica Point Pleasant Play Gas In Place Map Zoom showing position of RRC area of interest for the Utica Point Pleasant play. 17
Type Log Washington County, PA Point Pleasant Target Log Analysis of Point Pleasant interval Washington County, PA 18
Microseismic & Completions Analysis Composite of Proppant Filled Fracture Half Length(s) (Ft) 0 100 200 300 400 500 600 700 800 900 1000 10,500 18 10,600 2 17 19 3 4 5 21 22 20 7 8 6 Top of POINT PLEASANT 24…
Understanding the Reservoir at Multiple Scales Range has considerable research completed and is in progress to further delineate and understand the Utica Point Pleasant play system and its key drivers. Significant log, core, and…
Additional Upside Appalachia Stacked Pays As Marcellus drilling holds all depths, industry activity is proving up our SW PA Utica/Point Pleasant and Upper Devonian acreage Utica/Point Pleasant Shale Significant acreage positions in…
Gas In Place (GIP) Utica/Point Pleasant Shale The greatest GIP in the Utica/Point Pleasant is in the dry gas window in SW PA Note: Townships where Range holds 3,000 or more acres (as of 12/31/2012), and estimated as…
Gas In Place (GIP) Marcellus Shale GIP is a function of pressure, temperature, thermal maturity, porosity, hydrocarbon saturation and net thickness Two core areas have developed in the Marcellus Condensate and NGLs are in…
Gas In Place (GIP) Upper Devonian Shale The greatest GIP in the Upper Devonian is found in SW PA A significant portion of the GIP in the Upper Devonian is located in the wet gas window Note: Townships where Range holds 3,000…
Gas In Place (GIP) Analysis Shows Greatest Potential in SW PA Range has concentrated its acreage position in SW PA, where all three shales give the greatest GIP in the region When GIP analysis from the Marcellus, Upper…
Contact Information Range Resources Corporation 100 Throckmorton, Suite 1200 Fort Worth, Texas 76102 Main: 817.870.2601 Fax: 817.870.2316 Rodney Waller, Senior Vice President rwallerrangeresources.com David Amend, Investor…
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