Range Resources
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| In March, 2009 Range was conducting [[seismic testing]] in collaboration with [[Conquest Seismic Services]] to the north of Pittsburgh in Beaver County, Pennsylvania. According to the report, Conquest had wired 13 miles of state road west of the Beaver Valley Expressway with acoustic sensors. | In March, 2009 Range was conducting [[seismic testing]] in collaboration with [[Conquest Seismic Services]] to the north of Pittsburgh in Beaver County, Pennsylvania. According to the report, Conquest had wired 13 miles of state road west of the Beaver Valley Expressway with acoustic sensors. | ||
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| + | Also in March, 2009 Range reported several Marcellus shale operating hilights which included: | ||
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| + | * One well with a flow rate to sales of 10.3 Mmcfe/d. | ||
| + | * Four out of the last eleven wells drilled had initial flow rates in excess of 9.9 Mmcfe/d. | ||
| + | * The best well had an initial rate of 24.5 Mmcfe/d. | ||
| + | * Two vertical wells in the northeastern section of the Marcellus play with initial flow rates of 2.3 Mmcfe/d and 6.3 Mmcfe/d. The latter is the highest initial rate ever recorded for a vertical Marcellus well. | ||
| + | * Since October, 2008 13 new wells have been brought online to the gas processing facility. These wells have averaged 6.9 Mmcfe/d. | ||
| + | * 14 wells have been completed--seven are horizontal and already fraced--that are awaiting hook-up to the gas processing facility. | ||
| + | * Range is planning to drill 60 new Marellus wells during 2009. | ||
| + | |||
| + | Range has also been actively drilling in the [[Huron shale]] formation in Virginia. It has recently drilled four horizontal wells in Virginia's Nora Field. It has a total of seven horizontal wells in the play with average production of 1.1 Mmcf/d. It is planning to drill 20 horizontal Huron shale wells in the Nora field. Range owns a 50% working interest in Nora. | ||
| * Jeff Ventura is COO. | * Jeff Ventura is COO. | ||
Revision as of 19:53, 31 March 2009
Here is where some info about Range Resources should go. This article is still a stub and needs your attention. It does not have a template and contains minimal information. Please dive in and help it grow!
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. Reportedly, it has already invested $500 million alone in its Marcellus shale leasehold. Between 2005 and 2008, counting all drilling and infrastructure costs, its investment has been closer to $700 million.
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 MMcf/day using horizontal drilling techniques. That compares very favorably with the drilling results from the Barnett shale play in North Texas.
In April, 2008 it was reported that Range had drilled three wells in Lycoming County, Pennsylvania and was planning a forth well.
By October the company was reporting that it had drilled one hundred-thirty wells in the Appalachian Basin. One hundred were vertical ones and thirty horizontal. The same report indicated Range had leased drilling rights on 900,000 acres of land in Pennsylvania.
Its total Appalachian Basin leasehold is 2.3 million net acres.
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.
Range was reported in September, 2008 to be actively leasing drilling rights in Greene County in the southwest corner of Pennsylvania.
According to an October, 2008 report the company has recorded 172 leases during 2008 with the Bradford County Registrar of Deeds. Bradford County is located in northeastern Pennsylvania.
Another October, 2008 report indicated that Range is heavily involved in Washington County in southwestern Pennsylvania. In 2003, it drilled a test well in the County's 2,700-acre Cross Creek Park that was successful. Now three wells in the park are producing 30 million cubic feet of gas per day.
Mark West Energy has built and maintains a gas gathering system and compression facilities for Range's Marcellus production. Part of the infrastructure is a refrigeration processing plant located in Chartiers Township in Washington County. Range's wells there are starting to come on stream with this plant.
In November, 2008, Range was reported drilling on the John Dunn farm near Houston, Pennsylvania in Washington County. Two gas processing plants are under construction on State Route 519, three miles north of Houston.
A few miles away to the northwest of Houston in rural Mt. Pleasant Township, it was reported in March, 2009 that Range had drilled 68 wells there. For example, Range drilled on the 133 acre Joyce Mitchell farm in nearby Hickory, PA.
Range is evaluating a test well in Jefferson County, Ohio which is roughly forty miles west of Pittsburgh, PA.
In March, 2009 Range was conducting seismic testing in collaboration with Conquest Seismic Services to the north of Pittsburgh in Beaver County, Pennsylvania. According to the report, Conquest had wired 13 miles of state road west of the Beaver Valley Expressway with acoustic sensors.
Also in March, 2009 Range reported several Marcellus shale operating hilights which included:
- One well with a flow rate to sales of 10.3 Mmcfe/d.
- Four out of the last eleven wells drilled had initial flow rates in excess of 9.9 Mmcfe/d.
- The best well had an initial rate of 24.5 Mmcfe/d.
- Two vertical wells in the northeastern section of the Marcellus play with initial flow rates of 2.3 Mmcfe/d and 6.3 Mmcfe/d. The latter is the highest initial rate ever recorded for a vertical Marcellus well.
- Since October, 2008 13 new wells have been brought online to the gas processing facility. These wells have averaged 6.9 Mmcfe/d.
- 14 wells have been completed--seven are horizontal and already fraced--that are awaiting hook-up to the gas processing facility.
- Range is planning to drill 60 new Marellus wells during 2009.
Range has also been actively drilling in the Huron shale formation in Virginia. It has recently drilled four horizontal wells in Virginia's Nora Field. It has a total of seven horizontal wells in the play with average production of 1.1 Mmcf/d. It is planning to drill 20 horizontal Huron shale wells in the Nora field. Range owns a 50% working interest in Nora.
- Jeff Ventura is COO.
- Rodney Waller is Senior Vice President of Appalachia Shale.
- Ray Walker is Vice President of Appalachia Shale.
- Matt Pitzarella is Director of Public Affairs.
- Dave Schieck is a geophysicist with the company.
Range's Appalachian Division Headquarters is located in Southpointe Office Park in Cecil, Washington County, Pennsylvania.
