2007 - 2016


  • Completed the merger with Memorial Resource Development Corporation, providing Range with a core acreage position in Northern Louisiana. 
  • Mariner East startup, Range becomes the first North American company to export ethane to Europe.
  • Completed the sale of Bradford County non-operated assets for approximately $110 million. 
  • Closed on the sale of approximately 9,200 net acres in central Oklahoma for $77.7 million.


  • Announced Marcellus well brought on line with a 24-hour production rate of 43.4 Mmcfe per day, which is a new record and the highest rate ever for any Marcellus well.
  • Completed the sale of its Nora assets. Range received $865 million of sales proceeds. 


  • Announced Utica/Point Pleasant 24-hour test rate of 59.0 Mmcf per day; We believe this is a record for any horizon drilled in the Appalachian Basin.
  • The American Shales book recognizes Range Resources as pioneers of the Marcellus Shale.
  • We sold our Conger assets in Glasscock and Sterling Counties, Texas in exchange for producing properties and other assets in Virginia and $145 million in cash
  • Announced additional ethane and natural gas transportation and sales contracts.


  • Our marketing team builds a diversified portfolio of three ethane markets to ensure our gas meets pipeline quality specifications and provide market diversification.
  • Our net production reached one bcfe per day and averaged 940 Mmcfe per day for the year.
  • Marcellus Shale production averaged over 700 Mmcfe per day.
  • We sold Delaware and Permian Basin properties in southeast New Mexico and West Texas for $275 million.
  • At year-end 2013, reserves were 8.2 tcfe.


  • Purchased 150 CNG trucks for our corporate fleet.
  • Our net acreage in the Horizontal Mississippian play in Northern Oklahoma grew to more than 158,000 net acres.
  • Announced new ethane and propane transportation and sales contracts.
  • Achieved seventh consecutive year of double-digit per share, debt adjusted, growth in both production and reserves.
  • We sold Ardmore Woodford properties in Southern Oklahoma for $135 million.
  • At year-end 2012, reserves were 6.5 tcfe.


  • Sold our Barnett Shale properties for $889 million.
  • Marcellus Shale production ended the year at 400 Mmcfe per day.
  • Ninth consecutive year of production growth.
  • Sixth consecutive year of double digit per share growth in both production and reserves.
  • Northern Marcellus division began 100% water recycling in December 2011
  • Surpassed more than 1 million man hours worked in our Marcellus Shale divisions with no OSHA reportable incidents.
  • At year-end 2011, reserves were 5.1 tcfe.


  • We sold our tight gas sand properties in Ohio for $323 million.
  • Marcellus Shale production ended the year just over 200 Mmcfe per day.
  • Eighth consecutive year of production growth.
  • Achieved double digit per-share growth in both production and reserves.
  • At year-end 2010, reserves were 4.4 tcfe.
  • We became the first company to voluntarily disclose fracturing fluid additives on a per well basis.


  • Focused 90% of our capital spending on three key unconventional gas fields: the Barnett Shale in North Texas, the Nora field in Virginia and the Marcellus Shale in Pennsylvania.
  • Our net acreage in the Marcellus grew to more than 1.3 million acres and net production had reached slightly more than 100 Mmcfe per day.
  • Seventh consecutive year of production growth.
  • Sold West Texas properties for proceeds of $182 million.
  • Our stock was the third best performing S&P 500 stock in our sector for the last decade.
  • Pioneered large scale water recycling for shale gas development in Pennsylvania. 
  • At year-end 2009, reserves were 3.1 tcfe.


    • Our net acreage in the Marcellus grew to more than 900,000 acres.
    • We brought in a major midstream partner, MarkWest Energy Partners, L.P. to construct the needed gathering and processing facilities in our Southern Marcellus division.
    • The Marcellus Southern division exited the year with a production rate of 35 Mmcfe per day.
    • Barnett Shale production had increased to 110 Mmcfe per day in the course of three years.
    • Our net acreage in Nora increased to 300,000 acres.
    • Delivered 24 consecutive quarters of increasing production growth.
    • At year-end 2008, reserves were 2.7 tcfe.


    • Delivered 20 consecutive quarters of increasing production growth.
    • Range was added to the prestigious list of companies comprising the Standard & Poor’s (S&P) 500.
    • Opened an office in Pittsburgh, Pennsylvania to focus on the Marcellus Shale.
    • By the end of 2007, we had drilled five consecutive horizontal shale wells in the Marcellus Shale with commercial production rates ranging from 1.4 to 4.7 mmcfe per day.
    • Acquired additional interests in the Nora field of Virginia for $282 million.
    • Sold our high decline Gulf of Mexico properties for proceeds of $155 million.
    • At year-end 2007, reserves were 2.2 tcfe.