Range Resources RRC North Louisiana — Accretion Expense
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Where this comes from
Reported directly by Range Resources in its filing.
Tagged under the XBRL concept us-gaap:AccretionExpense.
The source filing: Range Resources’s 10-Q, filed July 21, 2026.
- Filed
- Jul 21, 2026, 4:45 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001193125-26-310446
In third quarter 2020, the Company sold its North Louisiana assets and retained certain gathering, transportation and processing obligations which extend into 2030. These are contracts where we will not realize any future benefit. The estimated obligations are included in current and long-term divestiture contract obligation in our consolidated balance sheets. In first six months 2026, we recorded accretion expense of $13.7 million compared to $17.4 million in the same period of the prior year. In second quarter 2026, we recorded a net adjustment of $2.9 million to increase this obligation for a change in expected throughput volumes.
ITEM 1. Financial Statements
FAQ
- What is Range Resources's north louisiana — accretion expense?
- Range Resources (RRC) reported north louisiana — accretion expense of $6.7M in Q2 2026.
- How has Range Resources's north louisiana — accretion expense changed year-over-year?
- Range Resources's north louisiana — accretion expense decreased by 21.2% year-over-year, from $8.5M to $6.7M.
- What is the long-term trend for Range Resources's north louisiana — accretion expense?
- Over 4 years (2021 to 2025), Range Resources's north louisiana — accretion expense has grown at a -8.8% compound annual growth rate (CAGR), from $47.9M to $33.14M.
- What does north louisiana — accretion expense mean?
- Represents the periodic increase in the carrying amount of an asset retirement obligation due to the passage of time. This non-cash expense reflects the unwinding of the discount applied to future environmental remediation and site restoration liabilities.
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