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Range Zags, Keeps Production Even in 1Q24, Happy to Stay in M-U

Range Resources Corporation, the very first company to drill a shale well targeting the Marcellus Shale layer in Pennsylvania (in 2004), issued its first quarter 2024 update earlier this week. Unlike other large Marcellus/Utica drillers, Range is holding its production flat (not decreasing). The company zags while everyone else zigs. During 1Q, Range produced 2.14
United States Marcellus Utica Resources Corporation Marcellus Shale Range Resources She Goes

With Ongoing Crash in Gas Price, the Best Place to Invest is M-U

MDN is not a stock-picking service, but we spotted an interesting article appearing on the Seeking Alpha investor's website about where to invest now so that when the price of natural gas eventually rebounds (and with it, lifts the stock price of gas producers), investors can make money. The investor/writer, who is a nuclear power
Marcellus Utica Seeking Alpha Energy Companies Eqt Corp Range Resources Corp

13 New Shale Well Permits Issued for PA-OH-WV Feb 12 – 18 | Marcellus Drilling News

There were 13 new permits issued to drill in the Marcellus/Utica during the week of Feb. 12 – 18, versus 19 permits issued the prior week. Pennsylvania issued 11 new permits last week. Ohio issued no new permits. West Virginia issued 2 new permits last week. Chesapeake Energy landed the most new permits, with 5
United States Greene County Bradford County Ohio County West Virginia Marcellus Utica

Range Resources – Steady as She Goes in 2024 with 2 Rigs | Marcellus Drilling News

Range Resources Corporation, the very first company to drill a shale well targeting the Marcellus Shale layer in Pennsylvania (in 2004), issued its fourth quarter and full-year 2023 update yesterday. The company previously released operational details for 4Q23 (see Range Releases 4Q Production & Pricing Numbers, Proved Reserves). During 4Q, Range produced 2.2 Bcfe/d (billion
United States Resources Corporation Marcellus Shale Range Releases Pricing Numbers Proved Reserves

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19 New Shale Well Permits Issued for PA-OH-WV Feb 5 – 11 | Marcellus Drilling News

There were 19 new permits issued to drill in the Marcellus/Utica during the week of Feb. 5 - 11, versus 20 permits issued the prior week. Pennsylvania issued 13 new permits last week. Ohio issued 4 new permits. West Virginia issued 2 new permits last week. Range Resources scored the most new permits with 5
Elk County United States Guernsey County Bradford County Harrison County West Virginia

20 New Shale Well Permits Issued for PA-OH-WV Jan 29 – Feb 4

There were 20 new permits issued to drill in the Marcellus/Utica during the week of Jan. 29 - Feb. 4, versus 27 permits issued during the prior week. Pennsylvania issued 12 new permits last week. Ohio issued 6 new permits. West Virginia issued 2 new permits last week. We had a tie for the company
United States Harrison County West Virginia Tioga County Marcellus Utica Ascent Resources

Range Releases 4Q Production & Pricing Numbers, Proved Reserves

Two days ago, Range Resources, the very first company to sink a Marcellus shale well (back in 2004), issued fourth-quarter 2023 expectations for production and pricing along with details about the company's proved reserves. Range doesn't issue its official 4Q update until later this month (Feb. 21). The preliminary numbers show the company, when converting
Range Resources Energy Companies Range Resources Corp

27 New Shale Well Permits Issued for PA-OH-WV Jan 22 – 28 | Marcellus Drilling News

There were 27 new permits issued to drill in the Marcellus/Utica during the week of Jan. 22 - 28, versus 20 permits issued during the prior week. Pennsylvania issued 19 new permits last week. Ohio issued 5 new permits. West Virginia issued 3 new permits last week. Olympus Energy scored the most new permits with
West Virginia United States Westmoreland County Marcellus Utica Olympus Energy Capex Energy

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