Range 4Q Production Hits 2.2 Bcf/d, Proved Reserves Hit 18.1 Tcfe

A pair of announcements yesterday gave us a little peek into the numbers Range Resources will release later this month as part of its quarterly update. In one update, Range (the very first driller to sink a Marcellus well back in 2004) reported averaging 2.2 billion cubic feet equivalent per day (Bcfe/d) for production in the Marcellus/Utica region during the fourth quarter of 2022. A separate announcement said Range's proved reserves for all of 2022 hit 18.1 trillion cubic feet equivalent (Tcfe), up 2% over the prior year.

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