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Capital Markets | Capital Expenditure | Drilled Uncomplete (DUC) | Drilling Activity | Capital Expenditure - 2020 | 2020 Guidance

Rosehill Resources Spending Over 30% Less in 2020; Cuts Rig Count in Half

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Rosehill Resources Spending Over 30% Less in 2020; Cuts Rig Count in Half

Rosehill Resources Inc. has reported its 2020 guidance and capital plan.

The company is a pure-play Delaware Basin operator and boasts over 13,000 net acres in the region.

2020 Summary

Estimated 2020 annual production guidance of 19,500 21,500 Boepd is predicted to be ~70% oil and 85% liquids.

Q4 Operations / DUC Update The company also detailed an update for its recent operations, including: Fourth quarter 2019 average net production through November of over 22,000 BOEPD In December, completed a two well pad in Northern Delaware targeting the Wolfcamp B interval with very encouraging early flowback results based on high casing pressure and increasing oil rates as initial fluid recovery continues Additional recent activity including three drilled uncompleted wells (DUCs) in Northern…
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