Range Hits New Record Production for 1Q13 – Thanks to the Marcellus
Range Resources announced first quarter production numbers yesterday and its very good news. Production volume is up 34% over the first quarter of 2012--to a new high of 876 million cubic feeet per day (Mmcfe/d). According to Range, the increase is mostly due to the Marcellus Shale.
The Range announcement:
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