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Ranger Oil Corporation, an independent oil and gas company, engages in the onshore exploration, development and production of crude oil, natural gas liquids, and natural gas in the United States. The company primarily operates in the Permian Basin region of west Texas. It primarily explores for oil, natural gas liquids (NGLs), condensate, and wet steam through horizontal drilling techniques for the Middle Wolfcamp formation located in Lea County, New Mexico; Concho, Kimble, McCulloch counties and Loving County, Texas. Ranger Oil Corporation was incorporated in 1882 and is headquartered in Houston, Texas.