oil & gas assets
You have accessed this news story:

Range’s production & lateral lengths to grow, capex to shrink

Feed Icon
Range Resources plans to maintain similar activity levels in 2019 compared to 2018 but will spend 17% less to do so. Capex has been set at $756 million, with $685 million allocated for drilling and recompletions, $51 million for leasehold and $20 million for pipelines, facilities and other capital. At strip pricing, free cash flow is expected to exceed spending. Production guidance has been set at 2,325-2,345 MMcfe/d (30% liquids), which would be up 6% YOY at midpoint. Appalachia will attract......
Provide your credentials to access this page

Member Area: Log in if you have a PLS web account or Sign up for internet access now.

PLS Web Client?
Log in to proceed

Sign up for PLS Reports
& Web Access!

Already subscribed to Reports?
Sign up for Web Access!
Search For More News