96. PATH FORWARD: Range Resources SVP Talks Being a Leader among US Shale Producers on ESG
Description
Range Resources Corp. recently put itself on the forefront of the growing discussion around ESG after the Fort Worth, Texas-based independent E&P company became one of the first shale producers to set a net-zero emissions target.
A natural gas and NGL producer with operations focused in the Appalachian Basin, Range said it is already a leader in emissions reductions among its peers. However, in late August, the company announced plans to further those emissions reductions by targeting net-zero greenhouse gas emissions by 2025.
Following the announcement, K. Scott Roy, senior vice president of Range Resources, joined Hart Energy Editorial Director Len Vermillion to discuss the U.S. shale producer’s net-zero ambitions and why Range believes natural gas will be an important part of the mix in the energy transition.
“Rather than the theory that suggests that the only way to address the environmental issues of the day is to exclude fossil fuels as part of the mix,” Roy said, “we think that the facts bear out that increased use of responsibly produced natural gas has actually improved the environment while continuing to offer sustainable, low-cost energy option.”
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