Range sees 'great potential' for dry gas in Utica shale

摘要

As Range Resources Corp. continues on a "line-of-sight" of 20% to 25% production growth per year, it benefits from holding some 540,000 net acres in southwest Pennsylvania where three stacked pays come together, combining some of the highest gas-in-place (GIP) estimates, in the Marcellus, Utica and Upper Devonian. This is according to Range Resources' president and chief executive officer Jeff Ventura, who spoke at Hart Energy's DUG East conference in Pittsburgh in November.