Post Tagged with: "Range Resources"

Source: WPX

Pennsylvania’s Natural Gas Production Rose 13% in 2015, Despite 35% Decrease in Well Permitting

Natural gas production in Pennsylvania increased by 550,937 MMcf in 2015

The production of natural gas continued to climb in Pennsylvania in 2015 despite lower commodities prices, and a decrease in drilling activity.

A report from the state’s Department of

August 10, 2016 - 4:50 pm
Range Resources Corporation to Add New Independent Director

Range Resources Corporation to Add New Independent Director

Range Enters into Agreement with SailingStone Capital Partners to Identify New Director

SailingStone Confirms its Intention to Support the Proposed Merger with Memorial Resource Development Corp.

FORT WORTH, Texas, Aug. 08, 2016 (GLOBE NEWSWIRE) — RANGE RESOURCES CORPORATION (NYSE:RRC) and …

August 8, 2016 - 5:31 pm
Range Resources Gearing Up to Meet Future Demand: 200 Pads Ready to Drill

Range Resources Gearing Up to Meet Future Demand: 200 Pads Ready to Drill

Range Resources expects natural gas demand to reach 15.8 Bcf/d by 2020; focusing on Marcellus well returns

Low commodity prices continue to take their toll on E&P companies across the U.S., and Range Resources (ticker: RRC) is no exception. But …

July 27, 2016 - 4:21 pm
EnerCom Conference Presenter Focus: Range Resources

EnerCom Conference Presenter Focus: Range Resources

Range Resources Corporation (ticker: RRC) will be presenting at EnerCom’s The Oil & Gas Conference in Denver on Monday, August 15, 2016

Range Resources is an independent oil and natural gas producer with operations focused in stacked-pay projects in the …

July 18, 2016 - 6:53 pm

$6-Billion Thai Company Acquires 156 BCF of Marcellus Reserves from Range Resources

Kalnin Ventures Announces Closing of Marcellus Asset Acquisition for Banpu Pcl

Pays $112 Million for Range’s 29.4% stake in Chaffee Corners JEA

Repsol and Abarta Energy own the remaining interest in the exploration area

BROOMFIELD, CO–(Marketwired – May 23, …

May 23, 2016 - 5:30 pm
Range Resources to Acquire Memorial Resource Development in $4.4 Billion Transaction

Range Resources to Acquire Memorial Resource Development in $4.4 Billion Transaction

“We believe the returns in Terryville rival the Southern Marcellus”: Jeff Ventura 

Range Resources (ticker: RRC), the legacy shale gas developer credited with discovering the Marcellus shale play, announced today that it will acquire all of the outstanding shares …

May 16, 2016 - 6:19 pm
Range Resources’ Q1 2016 Financial, Operations, Marketing Results

Range Resources’ Q1 2016 Financial, Operations, Marketing Results

Range Resources Q1 2016 Results

Range Resources Corporation (ticker: RRC) reported its Q1 2016 earnings . Following are highlights from  the quarter with a conference call recap.

Q1 Highlights

  • Unit costs reduced by 10%, or $0.29 per mcfe compared to
April 29, 2016 - 6:42 pm
Range Announces Closing of Bradford County Asset Sale

Range Announces Closing of Bradford County Asset Sale

Range Announces Closing of Bradford County Asset Sale

FORT WORTH, TX–(Marketwired – Mar 28, 2016) – RANGE RESOURCES CORPORATION (NYSE: RRC) today announced that it has completed the sale of its Bradford County non-operated assets. After purchase price adjustments based …

March 29, 2016 - 5:42 pm
Range Reports 2015 Earnings, Announces 2016 Capital Plans

Range Reports 2015 Earnings, Announces 2016 Capital Plans

RANGE RESOURCES CORPORATION (NYSE: RRC) today announced its 2015 financial results.

Highlights –

  • Fourth quarter unit costs reduced by 15%, or $0.46 per mcfe compared to prior-year quarter
  • Fourth quarter natural gas differential improved $0.20, or 35%, compared to prior-year
February 25, 2016 - 5:43 pm
Range Resources Declares Quarterly Dividend

Range Resources Declares Quarterly Dividend

FORT WORTH, TX–(Marketwired – Dec 2, 2015) – RANGE RESOURCES CORPORATION (NYSE: RRC) today announced that its Board of Directors declared a quarterly cash dividend on its common stock for the fourth quarter. A dividend of $0.04 per common share …

December 2, 2015 - 4:24 pm
Range Resources Sells Virginia Assets for $876 Million

Range Resources Sells Virginia Assets for $876 Million

Sale expected to firm up Range Resource’s balance sheet

Range Resources (ticker: RRC) announced yesterday that it will sell its Southern Appalachian Nora assets for a purchase price of $876 million, according to a company press release. The Nora …

November 4, 2015 - 1:14 pm
Experts Discuss OPEC v. Shale, Lifting Crude Oil Export Ban

Experts Discuss OPEC v. Shale, Lifting Crude Oil Export Ban

On the final day of EnerCom’s The Oil & Gas Conference®, a number of energy experts shared their insight into energy market opportunities.

James Constas, EnerCom Managing Director

EnerCom Managing Director James Constas gave a presentation called “Saudi America: the …

August 25, 2015 - 7:20 pm
Opening Up the Global Energy Markets: U.S. LNG Exports are Only Months Away

Opening Up the Global Energy Markets: U.S. LNG Exports are Only Months Away

LNG: Energy CEOs talk about exporting U.S. shale gas to Europe, Asia

“We are changing the way the global natural gas markets are going to function”—Charif Souki, Cheniere Energy CEO

The exportation of liquefied natural gas (LNG) and crude oil …

August 24, 2015 - 5:20 pm
Range Resources – Day One Breakout Notes

Range Resources – Day One Breakout Notes

Jeff Ventura, Chief Executive Officer of Range Resources Corporation (NYSE: RRC), presented today at EnerCom’s The Oil & Gas Conference 20®.

Range Resources Corporation is one of the leading independent oil and natural gas producer with operations focused in Appalachia …

August 17, 2015 - 11:33 am
Range Resources Maintains Production Growth, Strong Inventory of Wells Awaiting Completion by Yearend

Range Resources Maintains Production Growth, Strong Inventory of Wells Awaiting Completion by Yearend

Number of Oncoming Pipeline Projects in Place through 2017

Range Resources Corporation (ticker: RRC), one of the largest exploration and production companies in the Appalachia region, increased volumes on a quarter-over-quarter basis by 3% in its Q2’15 earnings released on …

August 3, 2015 - 7:15 pm
Natural Gas Production Pushing Down Prices and Margins

Natural Gas Production Pushing Down Prices and Margins

Operators reducing operating expenses to match price downswing

ECI Natural Gas Production and Prices

Natural gas production has continued to rise over the last nine years, steadily pushing down the price of natural gas at Henry Hub, and putting increasing pressure on companies’ cash margins. The …

July 23, 2015 - 1:02 pm
Pennsylvania Forms Task Force to Oversee Construction of 25,000 Miles of Pipeline

Pennsylvania Forms Task Force to Oversee Construction of 25,000 Miles of Pipeline

New task force focuses on developing Pennsylvania infrastructure responsibly

In 2014, Pennsylvania became the second largest natural gas producing state after Texas, producing over 4 trillion cubic feet of natural gas last year, according to the Energy Information Administration. …

July 9, 2015 - 6:43 pm
Range Resources Continues Record-Setting Trend in Q1’15 Results

Range Resources Continues Record-Setting Trend in Q1’15 Results

Leading Natural Gas Producer not Slowing Down

Range Resources (ticker: RRC) maintained its 20% to 25% annual line-of-sight growth strategy in its Q1’15 results, announcing a new production record of 1,328 MMcfe/d in the quarter. Volumes for 2015 are expected …

April 29, 2015 - 7:33 pm
Range Resources Reserves Increase 26%

Range Resources Reserves Increase 26%

The company announced today large increases to its reserves

Range Resources (ticker: RRC) announced today that the company’s proved reserves have increased to 10.3 trillion cubic feet equivalent (Tcfe), an increase of 26%. In its press release, RRC also …

January 15, 2015 - 6:58 pm
Range Resources Announces 2015 CapEx and Record Well in the Utica

Range Resources Announces 2015 CapEx and Record Well in the Utica

Utica/Point Pleasant well sets Appalachia record

Range Resources (ticker: RRC) announced today its 2015 capital budget and initial results from its Utica/Point Pleasant well located in Washington County, Pennsylvania.

Range has set its 2015 capital budget at $1.3 billion, a …

December 15, 2014 - 5:19 pm
How One Man’s Decision Cracked Open an Energy Revolution:  the Marcellus Shale Turns Ten

How One Man’s Decision Cracked Open an Energy Revolution:  the Marcellus Shale Turns Ten

The Marcellus shale represents almost 20% of U.S. natural gas production. Ten years ago it was zero.

Jeff Ventura is well aware of the oil and gas history associated with the state of Pennsylvania.

Titusville, 1859—Edwin Drake drilled the …

October 17, 2014 - 5:09 pm

Range Resources Corporation – Day One Breakout Notes

Jeff Ventura, President and COO of Range Resources (RRC) presented today at EnerCom’s The Oil & Gas Conference® 17. Range Resources specializes in the exploration, development, and acquisition of oil and gas properties. Its current major divisions include …

August 14, 2012 - 12:29 pm