What is the history of Range Resources Corporation?

Range Resources Corporation was founded in 1976 as Lomak Petroleum. In its early years, the company operated primarily in the Appalachian Basin, focusing on exploration and production of natural gas. Over time, Range Resources diversified its operations by expanding into other key regions, including Texas, Oklahoma, and Louisiana. This expansion enabled the company to tap into new resource plays and increase its production capabilities. Additionally, Range Resources was one of the pioneers in the utilization of horizontal drilling and hydraulic fracturing techniques, which revolutionized the industry. The company has continued to innovate and adapt to changing market conditions, becoming a leading independent natural gas and oil producer in the United States. With a strong emphasis on sustainability and community engagement, Range Resources has consistently demonstrated a commitment to responsible energy development.