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Range targets zero emissions in 1st corporate sustainability report

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Range targets zero emissions in 1st corporate sustainability report

Range Resources Corp. on May 22 issued its first corporate sustainability report detailing its efforts to achieve zero emissions across its operations through a number of technologies and practices.

The natural gas, NGL and oil producer said the methods that will help it reduce emissions include a robust leak detection and repair program, as well as "specialty engineering" that allows for improved emission capture and control on site, according to the report.

Between 2017 and 2018, Range said it has lessened greenhouse gas emissions from Pennsylvania and Louisiana operations by approximately 8% while ramping up its production levels by about 8%. It also recorded a 153% recycled water rate, using its own and other operators' water, and achieved a 70% reduction in its leak ratio over the last three years.

"Our commitment to corporate sustainability continues to guide our work each day, influencing every aspect of our operations from the boardroom to the well pad," Range CEO and President Jeff Ventura said. "We take great pride in the progress we continue to make towards our sustainability goals, pioneering innovations that have helped shape new standards for shale development."

Ventura also noted that Range is the first company to voluntarily disclose its fracturing fluid. Companies are not required by federal regulations to disclose the specific chemicals and the amount used for fracking operations.