William Zagorski, geologist and musician, is credited as being the “Father of the Marcellus Shale.” It’s an interesting story how he convinced Range Resources to try drilling in the Marcellus using hydraulic fracturing. Mr. Zagorski even has a music CD! Read the story of the beginning of drilling in the Marcellus Shale and about the [...]
Range Resources Press Release (Feb 24) Range Announces 2009 Results
Range Resources held an investors conference call today, and released a report on the health of the company for 2009, with predictions for 2010. In advance of the call, they issued a comprehensive press release detailing all of their operations. Below is the portion [...]
Press Release from Range Resources (Oct 7):
Range Announces Management Additions and Bank Borrowing Base Reaffirmation
FORT WORTH, TEXAS – Range Resources Corporation announced today that it has hired Joseph H. Frantz, Jr. as Vice President of Engineering and K. Scott Roy as Vice President of Government and Regulatory Affairs for the Marcellus Shale Division located [...]
Philadelphia Inquirer (Oct 7):
Top Rendell aide quits to join gas driller
An interesting bit of news: A top aide to Gov. Ed Rendell is stepping down to take a job in the drilling industry:
K. Scott Roy is stepping down as the $146,000-a-year executive deputy chief of staff to Rendell to become vice president for government [...]
The Beaver County & Allegheny Times Online news site reports Range Resources has hired Conquest Seismic Services to vibrate the ground around Hopewell and Independence Townships, located in Beaver County, Pennsylvania (near Pittsburgh).
For now, Range is looking along Route 151, according to Dave Schieck, a geophysicist for Range Resources. But don’t look for production wells [...]
Breaking news, this just in from the Wilkes Barre Times-Leader:
A leading company drilling on the Marcellus Shale natural gas formation in Pennsylvania says it handed out nearly $1.2 million in royalty checks last week.
Range Resources Corp. spokesman Matt Pitzarella said Monday the distribution is the first significant royalty the company has paid from its 120-plus [...]
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