Marcellus Minutes is a subscription-based newsletter sent to all subscribers registered through the Marcellus Minutes website that contains information on legislation including bill tracking, committee hearings and news from the Capitol in Harrisburg. Access to the website is free and provided to those directly involved and those with an interest in Pennsylvania’s oil and gas industry.

Range Resources: How Did Hedging Affect Its Natural Gas Prices?

In 4Q15, natural gas hedging activities increased Range Resources’ (RRC) average realized natural gas price by $1.18 per Mcf (thousand cubic feet). As we have seen earlier in this series, the 4Q15 average realized price for RRC’s natural gas production was $3.08 per Mcf. This means that commodity hedging activities increased RRC’s average realized natural gas price by ~62%.

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