Range Resources Corporation announced production results for the fourth quarter of 2023. Fourth quarter 2023 daily natural gas production averaged approximately 1,540 Mmcf per day. The average natural gas realization, including the impact of basis hedges, was $2.40 per mcf, a ($0.48) per mcf differential to NYMEX, daily NGL production averaged approximately 104,038 barrels per day.

NGL realizations were $24.91 per barrel, approximately $2.42 above the Mont Belvieu weighted equivalent and daily oil and condensate production averaged approximately 7,136 barrels per day. Crude oil and condensate price realizations, before realized hedges, averaged $67.72 per barrel, approximately $10.56 below WTI (West Texas Intermediate).