Range Resources Escapes $9 million Fine

rangeresourcesFort Worth based-Range Resources, a firm with hundreds of thousands of leased acres for exploration in Oklahoma and the Texas Panhandle escaped a nearly $9 million fine this week in Pennsylvania over a gas well that leaked methane into drinking water supplies and streams.

The firm’s Range Resources-Appalachia LLC reached an agreement with Pennsylvania’s Department of Environmental Protection over the leaking well in Lycoming county. But it doesn’t mean the state’s finished with looking into the matter.

“We are currently investigating the source and the remedy and then will take appropriate enforcement action,” said Neil Shader, a Department of Environmental Protection in an interview with the Pittsburgh Post-Gazette.

The parent company Range Resources has Midcontinent division offices located in Oklahoma City where it focuses on 360,000 acres in the state and in Texas. It has horizontal wells in the Mississippian Chat play along the Nemaha Ridge and St. Louis wells in the Texas Panhandle. Range also holds acreage in the Granite Wash, Cleveland and Woodford Shale plays.