Exploration & Production | Quarterly / Earnings Reports | Capital Markets | Capital Expenditure
RMP Delayed By Field Conditions, On Track for Guided Production
Print
|
RMP Energy Inc. has reported its results for the third quarter of 2013.
For the three months ended September 30, 2013, RMP reported funds from operations of $17.8 million ($0.16 per basic share) on revenue of $33.8 million and average daily production of 6,639 barrels of oil equivalent.
Third Quarter 2013 Operating and Financial Highlights Average daily production of 6,639 boe/d, weighted 51% towards light oil and NGLs, was relatively flat as compared to the preceding second quarter production level. Significantly wet field conditions in late-June and early-July delayed the Company’s third quarter drilling and completion operations. As a result, RMP did not bring on-stream a new well during a five month period between the end of March and end of August 2013. Despite the delayed field…- ✓ Full news archive — U.S., Canada & international coverage
- ✓ A&D transactions — asset deals, corporate M&A, assets for sale
- ✓ Permits & completions data, plus 900,000+ slides & presentations
Canada News
Western Canada Upstream M&A: Q1 2026 Transaction Report
Western Canadian M&A activity in Q1 2026 was characterized by a 87% decrease in total deal value compared to Q1 2025, totaling $0.8 billion C$. However, transaction volume…
Canadan E&P 2026 Program Calls for 448 Net Wells, Up 24% vs. 2025 Plan
Canadian Natural Resources outlined a 2026 operating capital budget of approximately $6.3 billion (total capital budget $6,425 million, including $125 million for carbon capture) targeting 1,590–1,650 MBOE/d of…
EIA’s “Glut” Calls: The 2025 Surplus Claim — and How 2021–2024 Forecasts Actually Held Up
The “~2.2 MMb/d glut in 2025” framing traces to the EIA’s Short-Term Energy Outlook (STEO), December 2025. EIA doesn’t usually write “glut” in the tables—what they publish is…
Whitecap Details 2026 Duvernay & Montney Program
Whitecap Resources reported strong third quarter 2025 operating and financial results, marking its first full quarter following the strategic combination with Veren that closed on May 12, 2025.…
ARC Resources: Lower 2026 Capex, Higher Volumes
ARC Resources used its third quarter update to reinforce a familiar message to Canadian E&P executives: disciplined capital, structurally better market access, and a growing shareholder return program…