Range Resources 2Q13: Production Up 27% Due to Marcellus
Last week Range Resources released its 2013 second quarter update. Range reports its production volumes hit record highs of 910 million cubic feet equivalent per day–of that, 79% was natural gas the rest liquids, oil and condensate. The company credits its continued success and the dramatic increase from last year (up 27%) to a single cause: the Marcellus Shale.
The report issued by Range last Thursday: