Exhibit 12.1

Range Resources Corporation

Computation of Ratio of Earnings to Fixed Charges and Preferred Stock
(in thousands except ratios)

	6 months
	2007			2006			2005		2004		2003		2002
EARNINGS:
Income before provision for incomes taxes	$	112,733		$	315,701		$	175,985	$	68,310	$	37,431	$	9,474
Subtract: Income from equity method investments		(796	)		(548	)	$	—	$	—
Add: Fixed charges		37,022			57,466			38,312		31,160		23,277		22,980
Total earnings	$	148,959		$	372,619		$	214,297	$	99,470	$	60,708	$	32,454
FIXED CHARGES:
Interest expense (1)	$	36,421		$	55,849		$	37,619	$	22,437	$	21,507	$	22,451
Interest portion of rental expense		601			1,617			693		528		495		529
Preferred dividends (2)		—			—			—		8,195		1,275		—
Total fixed charges	$	37,022		$	57,466		$	38,312	$	31,160	$	23,277	$	22,980
Ratio of earnings to fixed charges & preferred stock dividends		4.0			6.5			5.6		3.2		2.6		1.4
(1) Amortization of debt issuance costs is included in interest expense.
(2) Calculated as the $ amount of the dividend divided by (1 minus the effective income tax rate).
Amount of preferred dividend		0			0			—		5,163		803		—
Effective income tax rate (per tax footnote)		0.37			0.37			0.37		0.37		0.37		—