2011


Range sold its North Texas Barnett Shale acreage and production, for approximately $900 million, to help fund increased activity in the Marcellus.  The Company exited the year with net production of over 400 Mmcfe/day from the Marcellus Shale.

2010

Range completed its first Upper Devonian and Utica test wells with favorable results.  In the Marcellus Shale, the Company drilled more than 100 horizontal wells and exited the year with net production in excess of 200 Mmcfe/day.  

2009
Range drilled 55 horizontal shale wells in the Marcellus Shale driving net production past the 100 Mmcfe/day milestone before year-end.  The Company drilled its first two horizontal wells in the northeastern core of the Marcellus both with seven-day production rates above 13 Mmcfe/day.

2008
The Company's net acreage in the Marcellus Shale grew to more than 900,000+ acres.  Range pioneered the Marcellus Shale and led its development by assembling a large, dedicated regional team.  The Company brought in Mark West Energy Partners, L.P., to construct processing and gathering facilities and exited the year with net production from the Marcellus of 30 Mmcfe/day.

2007
Range sold high-decline offshore properties and acquired additional interest in the Nora coal bed methane field for $278 million, gaining further exposure to CBM, tight gas and shale gas production.

Range Resources – Appalachian, LLC opened an office outside Pittsburgh, Pennsylvania to focus on unlocking the Marcellus Shale gas potential. 

2006-2007
In June, Range acquired Stroud Energy and roughly 20,000 acres in the North Texas Barnett Shale play.  Within 18 months, Range entered five shale plays, growing shale gas production from zero to 60 Mmcfe/day.  Net acreage prospective for shale gas development grew from 180,000 to 650,000 net acres.

2005
Range announced 3-for-2 stock split.

2004
Buoyed by higher oil and gas prices and steady growth, Range acquired the 50% of Great Lakes Energy Partners that it did not previously own for $298 million.

Range acquired premier coal bed methane properties in Virginia and West Virginia for $219 million, increasing its stake in unconventional gas development through subsidiary Range Resources – Pine Mountain, Inc.


2003
Jeff Ventura hired as Chief Operating Officer, and Roger Manny hired as Chief Financial Officer.  Range continued to expand technical team.  Focus on low-cost, consistent growth in production and reserves. 

2000
Strategy shifted from “acquire-and-exploit” to a more technical focus.  Range began expanding the technical and operating staff.

1998-2001
An industry downturn led to layoffs and a retrenching effort, including the formation of an Appalachian joint venture with FirstEnergy Corporation.  For the past decade, Range operated its properties in the Appalachian Basin under this wholly owned subsidiary, Great Lakes Energy Partners, LLC.

1998
Merger with Domain Energy Corp. created 15th largest publicly traded independent oil and gas company in America.  Name changed to Range Resources. 

1997
Acquisition of American Cometra for $381 million; doubled asset base.

1996
With $300 million in assets, began trading on NYSE.

1992
Headquarters moved to Fort Worth.  John Pinkerton named CEO.

1990-1995
Snyder Oil Company sold its remaining interest in Lomak.

1990
Relisted on the NASDAQ.  John Pinkerton named President.  Completed over $200 million worth of acquisitions over next ten years.

1988
Lomak Petroleum acquired by Snyder Oil Company in Fort Worth.  Fifty percent of Lomak stock distributed to Snyder Oil’s stockholders.

1985-1987
Downturn in the industry led to losses.  Delisted from the NASDAQ.  Traded in the pink sheets market.

1982-1983
Expanded beyond Appalachian Basin, establishing subsidiaries in Michigan and Texas.

1980
Reorganized as a Delaware corporation.  After an initial public offering, shares began trading on the NASDAQ.  Raised drilling funds through public offerings.

1976
Lomak Petroleum, predecessor of Range Resources, was founded and incorporated in the state of Ohio, with headquarters in Hartville.  Began drilling wells on East Ohio Gas farm out leases and building an acreage position in the Appalachian Basin.

Midcontinent Division
Midcontinent Division
Southwest Division
Midcontinent Division