Range Resources New High for Proved/Unproved Marcellus Reserves

Yesterday MDN reported that Antero Resources was reporting a new high for the company--they have 7.6 trillion cubic feet equivalent (Tcfe) of proven natural gas reserves under the acreage they lease (see Antero 2013: 124 Marcellus/Utica Wells Drilled, Reserves Skyrocket). Not to be outdone, Range Resources has published their own chest-thumping announcements that they (Range) had 8.2 Tcfe at the end of 2013. In addition, Range is reporting their unproved resource potential zooms up to 42 - 55 Tcf of natural gas and 3.7 - 4.9 billion barrels of NGLs and crude oil. Here's a pair of announcements from Range with more details on their excellent position in the Marcellus at the end of 2013...

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