Range Resources 4Q12 Results: NatGas up 35%, NGLs up 41%
Range Resources today issued an update stating the company’s natural gas production for the fourth quarter of 2012 was an average 844 million cubic feet per day—an increase of 35% over the same period in 2011 and 7% higher than the third quarter of 2012. Natural gas liquids production rose an astonishing 41% over the same period in 2011.
Range is one of the largest drillers in the Marcellus Shale and much of their production comes from the Marcellus—particularly southwestern PA. Today’s Range announcement:
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In typical fashion, anti-drillers have brought out the long knives for pro-drilling PA Gov. Tom Corbett. The latest attempt to try and influence next year’s election cycle is brought to you by the Philadelphia Inquirer.
What angers MDN editor Jim Willis more than almost any other issue in the fracking debate is when adults contaminate the minds of young people with their own, polluted, distorted opinions—especially on the topic of fracking. Unfortunately it happens down to the youngest grades, including the nine year-old students of fourth grade anti-fracking teachers Mary Hayes and Patricia McGorry in the Maple Hill Elementary School in Middletown (Sullivan County), NY. Shame on them.