Range Resources Corporation is an independent natural gas and oil company based in Fort Worth, Texas, USA. The company was founded in 1976 by two brothers, Steffen and John Parker, with a focus on natural gas exploration and production. Range Resources has since grown to become one of the leading producers of natural gas in the United States.
The primary focus of Range Resources is the exploration, development, and production of natural gas and natural gas liquids (NGLs). The company operates primarily in the Marcellus Shale and the Southwest Appalachia region, as well as the North Louisiana Haynesville and the Midcontinent regions. Through advanced drilling and completion techniques, Range Resources extracts natural gas from the subsurface rock formations.
In addition to its core exploration and production activities, Range Resources engages in various activities related to the marketing, transportation, and distribution of natural gas and NGLs. The company strives to maintain operational efficiency and optimize the value of its natural gas assets.
Range Resources has faced various challenges and market fluctuations typical of the oil and gas industry. The company has adapted its strategies to the changing market conditions and regulatory landscape. It is essential to note that the energy industry is constantly evolving, and it is advisable to verify the latest information from reliable sources for the most up-to-date details on Range Resources Corporation.