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Trademark closes on 63-acre Waterside site in Fort Worth

Construction begins Oct. 20 on the development, to be anchored by a Whole Foods Market.

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UPDATE: $215M hotel, indoor ski project planned for Grand Prairie

Officials in Grand Prairie are expected later today to announce a $215 million project that will include a Hard Rock Hotel and an indoor ski facility.

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Two Fort Worth council members propose temporary single-family moratorium around TCU

The moratorium would apply to new permits for single-family homes around TCU, and give the city time to figure out what to do with a controversial proposed overlay in several neighborhoods around the university.

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Fresh Ebola fears hit airline stocks

DALLAS (AP) — News that a nurse diagnosed with Ebola flew on a plane full of passengers raised fear among airline investors that the scare over the virus could cause travelers to avoid flying.

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Landscape architect behind several TCU landmarks acquired

The Dallas design firm behind several Texas Christian University projects, as well as Globe Life Park in Arlington and AT&T Stadium, has been acquired by Rvi Planning + Landscape Architecture.

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Range Resources production surges 27 percent in 2Q

 

A. Lee Graham
Reporter
 
Range Resources Corp. of Fort Worth has reported record production in the second quarter of 2013, reaching 910 million cubic feet equivalent of oil per day.
That’s 27 percent more than the same quarter last year.
“Second quarter production results were outstanding and reflect the continuing efforts of our operating and marketing teams,” said president and CEO Jeff Ventura in a news release.
“The success of our drilling program over the first half of the year puts us on track to achieve the high-end of our production growth target of 20 percent to 25 percent for 2013,” Ventura said.
Complete second-quarter financial results are expected to be released later this month.
What Ventura called the company’s “sizable position” in the Marcellus Shale indicates that it can deliver similar growth of 20 percent to 25 percent for several years, he said. The company considers the Marcellus formation in the Eastern U.S. the key driver of its record production.
Second-quarter production of 901 million cubic feet of oil equivalent per day surpassed the high end of the company’s guidance of 800 to 890 million cubic feet of oil equivalent per day. That’s due to the timing of turning wells to production, as well as production of Marcellus Shale wells, according to the company.
Production for the quarter broke down to 79 percent natural gas; 15 percent natural gas liquids and 6 percent oil and condensate.
Range Resources Corp. is an independent oil and natural gas producer focusing its operations in Appalachia and the southwest portion of the United States. More information is available at www.rangeresources.com
 
lgraham@bizpress.net

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