Range CEO Says Path to Producing 3 Bcf/d in Company Sights

By all accounts, Range Resources had a busy second quarter 2014. The company increased production by 21% over the same period last year–to 1.1 billion cubic feet per day of natural gas–most of it coming from the Marcellus. And that was despite the problems with a MarkWest processing plant going offline from late May to mid-July following a lightening strike (see MarkWest Re-Opens Chartiers, PA Plant, New Plant in OH) and despite unplanned downtime for the Mariner West pipeline which carts Range’s ethane to Canada. Even so, production (and profits) were at record highs for Range in 2Q14…

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