Range Resources

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-	'''Range Resources (nyse: RRC)''' of Fr. Worth, TX has the most experience with Marcellus Shale of any company, and will invest $426 million in Appalachia during 2008. As of approximately April, 2008, it had 12 horizontal wells. The most recent six had produced 5 MCF/day using horizontal drilling techniques. That compares very favorably with the drilling results from the [[Barnett shale]] play in North Texas.	+	'''Range Resources (nyse: RRC)''' of Fr. Worth, TX is the biggest gas producer in [[Pennsylvania]] and is one of the largest drillers in the U.S.
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		+	Range is the granddaddy of Marcellus Shale drillers, and reportedly will invest $426 million in Appalachia during 2008. As of approximately April, 2008, it had 12 horizontal wells. The most recent six had produced 5 MCF/day using horizontal drilling techniques. That compares very favorably with the drilling results from the [[Barnett shale]] play in North Texas.
	In September, 2008, the Range was reported to be actively drilling in the Susquehanna Basin of Pennsylvania. It paid a fine to the [[Susquehanna River Basin Commission]] of $475,000 for not complying with limits on water withdrawal for wells in the Basin.		In September, 2008, the Range was reported to be actively drilling in the Susquehanna Basin of Pennsylvania. It paid a fine to the [[Susquehanna River Basin Commission]] of $475,000 for not complying with limits on water withdrawal for wells in the Basin.

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Revision as of 17:56, 7 October 2008

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Range Resources (nyse: RRC) of Fr. Worth, TX is the biggest gas producer in Pennsylvania and is one of the largest drillers in the U.S.

Range is the granddaddy of Marcellus Shale drillers, and reportedly will invest $426 million in Appalachia during 2008. As of approximately April, 2008, it had 12 horizontal wells. The most recent six had produced 5 MCF/day using horizontal drilling techniques. That compares very favorably with the drilling results from the Barnett shale play in North Texas.

In September, 2008, the Range was reported to be actively drilling in the Susquehanna Basin of Pennsylvania. It paid a fine to the Susquehanna River Basin Commission of $475,000 for not complying with limits on water withdrawal for wells in the Basin.

Mark West Energy has built and maintains a gas gathering system and compression facilities for Range's Marcellus production.

Range was reported in September, 2008 to be actively leasing drilling rights in Greene County, Pennsylvania.

According to an October, 2008 report the company has recorded 172 leases during 2008 with the Bradford County, Pennsylvania Registrar of Deeds.

Another October, 2008 report indicated that Range was heavily involved in Washington County in Southwestern Pennsylvania and had established a gas processing plant in that area. It has new Marcellus wells there that are starting to come on stream with the plant.

John Pinkerton is the company President.