Degner tapped to take over Range Resources as CEO

Last week Range Resources Corporation announced its CEO Jeff Ventura plans to retire and Dennis Degner will take his place. The post Degner tapped to take over Range Resources as CEO appeared first on Shale Gas Reporter. This post appeared first on Shale Gas Reporter.

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Pioneer Natural Resources considers purchasing Range Resources Corp.

According to Bloomberg sources, Pioneer Natural Resources is considering acquiring Range Resources Corp., which would bring it into the Marcellus Shale. The post Pioneer Natural Resources considers purchasing Range Resources Corp. appeared first on Shale Gas Reporter. This post appeared first on Shale Gas Reporter.

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Natural Gas Now Best Picks – July 16, 2022

Natural Gas Now Best Picks – July 16, 2022 Tom Shepstone Shepstone Management Company, Inc. … … Readers pass along a lot of stuff every week about natural gas, fractivist antics, emissions, renewables, and other news relating to energy. This week: Binghamton: One of Most Miserable Cities in America! Pittsburgh Post-Gazette Has Fit of Reason!

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Pa. DEP fines Range Resources $294K for inaccurately listings wells inactive

Range Resources – Appalachia was fined $294,000 by the Pennsylvania Department of Environmental Protection for inaccurately listing wells that should have been abandoned and plugged as inactive, according to Farm and Dairy. After receiving a consent assessment of civil penalty from the DEP Jan. 7, the company paid the penalty on Jan. 8 for violating

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Range Resources pleads no contest to environmental crimes at Marcellus wells

Range Resources recently pleaded no contest to a criminal conviction under a Pennsylvania grand jury investigation, including violations of the Solid Waste Management Act and illegal discharge of industrial wastes at a pair of Marcellus shale natural gas well sites in Washington County, according to the Observer-Reporter. The company will pay $50,000 in fines and

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Range looks to repurchase shares after selling assets

Range Resources Corp. recently announced plans to buy back $100 million shares, using proceeds from recent asset sales to do so, according to the Pittsburgh Business Times. The most recent asset sale was for a 0.5% overriding royalty interest in 350,000 net surface acres in Range’s southwestern Pennsylvania natural gas production. Range received $150 million

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Lime Rock Resources purchases 350,000 acres in Appalachian Basin

The buyer has been revealed in Range Resources’s $634 million sale of assets in the Appalachian Basin, according to Oil & Gas 360. Lime Rock Resources made the purchase last week. Lime Rock Resources, the E&P arm of private equity firm Lime Rock Partners, acquired a non-operated overriding royalty interest in 350,000 net surface acres

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Range Resources sells Appalachian assets for $634M

Range Resources recently agreed to sell assets in the Appalachian Basin for $634 million, according to Seeking Alpha. The company will sell a 2% net proportionately reduced overriding royalty interest in 350,000 net surface acres, which produced a combined 1.9 billion net cfe/day in the first quarter, in the southwest Appalachian Basin for $600 million.

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Range Resources Reducing Emissions and Impacts Everywhere

Tom ShepstoneNatural Gas NOW … …  Range Resources just put out a 2018 Corporate Sustainability Report that highlights just how fast and how far it has gone in reducing emissions and impacts. We have often noted here how the natural gas industry is always three steps ahead of its opposition with respect to technology and

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Range looks to achieve zero gas emissions

The largest natural gas driller in the Marcellus Shale has made big strides in working towards achieving its ultimate goal of one day releasing zero greenhouse gas emissions, according to the Observer-Reporter. Range Resources released its first Corporate Sustainability Report last week. The 32-page summary detailed the company’s success in reducing emissions over the past

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Air Pollution a No Show at School Near Range Resources Site

Jim WillisEditor & Publisher, Marcellus Drilling News (MDN) A study performed at the request of Range Resources near some of its drill sites and a Washington County school campus reveals no air pollution impacts. One of the false allegations made against shale drilling is that it somehow pollutes the air–of particular concern near schools. A new independent

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Range to focus capital spending on Appalachian Basin in 2019

Range Resources plans to spend 90 percent of the $756 million it has set aside for capital spending in 2019 in the Appalachian Basin, according to Kallanish Energy. More than 60 percent of the company’s planned activity in the Appalachian Basin is directed towards liquids-rich drilling. It plans to bring 88 Marcellus Shale wells online

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