Yesterday Range Resources issued its 2020 budget plan, which calls for spending $520 million to drill mainly in Range’s Marcellus assets. That figure is down from the $728 million Range spent in 2019 (a 29% decrease). What about production? Will that drop in 2020 too?
Yesterday Range Resources issued its 2020 budget plan, which calls for spending $520 million to drill mainly in Range’s Marcellus assets. That figure is down from the $728 million Range spent in 2019 (a 29% decrease). What about production? Will that drop in 2020 too?