Range Resources (RRC) Tops Q3 EPS by 6c
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Range Announces Third Quarter 2015 Results
October 28, 2015 4:30 PM EDTFORT WORTH, TX -- (Marketwired) -- 10/28/15 -- RANGE RESOURCES CORPORATION (NYSE: RRC) today announced its third quarter financial results.
Highlights -
Unit costs declined by $0.36 per mcfe, or 12% compared to the prior-year quarter. Production volumes averaged 1,445 Mmcfe per day, a 20% increase over the prior-year quarter. Marcellus production averaged 1,277 Mmcfe per day, a 27% increase over the prior-year quarter. First Utica well in Washington County, Pennsylvania estimated to have 15 Bcf EUR, or 2.8 Bcf per 1,000 feet of lateral. Second Utica well brought online with... More