RRC Profile
Range Resources Corporation, headquartered in Fort Worth, Texas, operates as an independent company focused on the exploration, development, and acquisition of natural gas, natural gas liquids (NGLs), and oil properties primarily in the United States. Established in 1976 and previously known as Lomak Petroleum, Inc., the company rebranded as Range Resources Corporation in 1998.
As of December 31, 2021, Range Resources Corporation managed 1,350 net producing wells across approximately 794,000 net acres in the Appalachian region of the northeastern United States. The company's operational strategy includes leveraging its extensive lease holdings to maximize production efficiency and profitability in the natural gas and oil sectors.
Range Resources Corporation plays a pivotal role in the energy sector by supplying natural gas and NGLs to a diverse customer base that includes utilities, marketing and midstream companies, and industrial users. Additionally, the company markets oil and condensate to crude oil processors, transporters, and refining and marketing entities. Its comprehensive approach to energy extraction and distribution underscores its commitment to sustainable resource development.
With a robust portfolio of assets and a strategic focus on operational excellence, Range Resources Corporation continues to strengthen its position as a leading player in the American energy landscape. The company's ongoing exploration initiatives and efficient resource management underscore its dedication to meeting the growing demand for natural gas, NGLs, and oil in key markets nationwide.
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