Click map for details Proved Reserves at YE 2006: 632 Bcfe Proved Reserves at YE 2005: 549 Bcfe Daily Net Production in 2006: 115 Mmcfe Daily Net Production in 2005: 83 Mmcfe 2007 Cap Ex - Budget: $276 million 2006 Cap Ex - Actual: $292 million Percent Gas: 54%   The Permian division spans operations from East Texas to southeast New Mexico. Since late 2003, Range has completed five property acquisitions in multiple basins, including one in West Texas, two in southeastern New Mexico, and most recently, two in the Fort Worth Basin Barnett shale play. The transactions fuel a multi-year drilling inventory of low-cost, low-risk reserves.   2004 2005 2006 Capital Spending $57 million $103 million $292 million Wells Drilled 100 gross (91.3 net) 126 gross (113.7 net) 177 gross (162.7 net) Wells Producing 1,705 gross (1,353.0 net) 1,816 gross (1,373.3 net) 2,163 gross (1,758.0 net) Average Daily Gas Production 28.9 Mmcf 33.6 Mmcf 62.4 Mmcf Average Daily Oil & Liquids Production 7,277 barrels 8,214 barrels 8,752 barrels