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Tag Archives: Range Resources

Top Marcellus Shale news stories – May 14-27

u.s. drilling rig count

Catch up on the past two weeks of Marcellus shale news with our recap. Scroll through the list below to see what our readers found the most engaging in recent weeks. Enjoy! 7. Western Maryland town of Friendsville proposes fracking ban FRIENDSVILLE, Md. (AP) — The western Maryland town of Friendsville is proposing a ban on hydraulic fracturing for natural gas ...

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Top 5 Marcellus news stories – March 25 – April 8

The Marcellus has been a busy place in recent weeks. Pipeline companies are getting fined, Range Resources is throwing up for sale signs, and small drillers in Pennsylvania are standing up to fight the man. Meanwhile, in the Middle East, it’s becoming more likely that OPEC member nations might actually freeze oil production. See what you missed with our recap of what ...

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Top 5 Bakken news stories – April 2-8

top 5 bakken news stories april 2-8

It’s been a slow week in the Bakken so this week’s recap brings you a mixture of for sale signs in the Marcellus, Exxon getting probed, Texas losing more jobs, and OPEC members announcing a potential production freeze. Exciting! And… because you, dear reader, earned it: a bonus story at the end of the page! Have you ever wondered how ...

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Range Resources sells Marcellus assets

natural gas drilling rig

Range Resources closed its Bradford County, Pennsylvania non-operated asset sale. The purchase agreement was made in early February and included the company’s non-operating Marcellus interest in Bradford County, Pennsylvania for about $112 million, according to Zacks.  Wall Street 24 notes that the sale of the Bradford County assets caused shares of Range Resources stock to increase, indicating a 3.65 percent ...

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Company, state working to bring well sites into compliance

WASHINGTON, Pa. (AP) — An oil and gas operator says it’s trying to bring dozens of its Pennsylvania drilling sites into compliance with environmental laws. A Range Resources spokesman tells Pennlive.com that the company is working the Department of Environmental Protection. The agency on Friday said dozens of the company’s Marcellus Shale natural gas drilling pads in Washington and Allegheny ...

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Company, state working to bring Marcellus drilling sites into compliance

Company, state working to bring drilling sites into compliance

WASHINGTON, Pa. (AP) — An oil and gas operator says it’s trying to bring dozens of its Pennsylvania drilling sites into compliance with environmental laws. A Range Resources spokesman tells Pennlive.com that the company is working the Department of Environmental Protection. The agency on Friday said dozens of the company’s Marcellus Shale natural gas drilling pads in Washington and Allegheny ...

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Drilling company shuts down wells as crews fight stubborn brush fire in Fayette

A natural gas drilling company shut down well operations as a precaution Tuesday as firefighters battled a stubborn brush fire over dozens of acres across Lower Tyrone and Perry townships in northern Fayette County. Firefighters from several departments in Fayette and Westmoreland counties began fighting the blaze at about 10:28 a.m. and were still working to extinguish it through mid-afternoon, ...

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Range Resources losses mount on low commodity prices

Struggling with lower prices for oil and natural gas, Range Resources lost $301 million in the third quarter despite aggressively cutting its operational costs and the number of drilling rigs in the field. The Fort Worth-based energy company reported late Wednesday that it lost $1.81 per diluted share compared to a $146 million profit, or 86 cents a diluted share, ...

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