RANGE RESOURCES CORP
For the period ended Dec 31, 2023. Filed Feb 21, 2024.
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FY2023 · Filed Feb 21, 2024
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Drilling Activity
The following table summarizes drilling activity for the past three years. Gross wells reflect the sum of all wells in which we own an interest. Net wells reflect the sum of our working interests in gross wells. This information should not be indicative of future performance nor should it be assumed that there was any correlation between the number of productive wells and the natural gas and oil reserves generated thereby. As of December 31, 2023, we had 27 gross (26 net) wells in the process of drilling or active completions stage. In addition, there were 16 gross (16 net) wells waiting on completion or waiting on pipelines at year-end 2023.
| 2023 | 2022 | 2021 | ||||
|---|---|---|---|---|---|---|
| Gross | Net | Gross | Net | Gross | Net | |
| Development wells | ||||||
| Productive | 50.0 | 47.4 | 60.0 | 59.0 | 58.0 | 57.1 |
| Dry | — | — | — | — | — | — |
| Exploratory wells | ||||||
| Productive | — | — | — | — | 1.0 | 1.0 |
| Dry | — | — | — | — | — | — |
| Total wells | ||||||
| Productive | 50.0 | 47.4 | 60.0 | 59.0 | 59.0 | 58.1 |
| Dry | — | — | — | — | — | — |
| Total | 50.0 | 47.4 | 60.0 | 59.0 | 59.0 | 58.1 |
| Success ratio | 100% | 100% | 100% | 100% | 100% | 100% |
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