Skip to main content

Latest News and Analysis
Deals and Transactions
Track Drilling (Rigs by operator) | Completions (Frac Spreads)

Operational Updates | Top Story | Quarterly / Earnings Reports | Second Quarter (2Q) Update | Deals - Acquisition, Mergers, Divestitures | Capital Markets | Capital Expenditure

Rosetta Touts Record Daily Permian Production in 2Q; 9.0 MBOE/d

printPrint    |   
Rosetta Touts Record Daily Permian Production in 2Q; 9.0 MBOE/d

Rosetta Resources Inc. reported adjusted net income (non-GAAP) for the second quarter 2015 of $11.8 million, or $0.16 per diluted share, versus adjusted net income of $50.5 million, or $0.82 per diluted share for the same period in 2014. 

Highlights: Delivered total daily oil equivalent production volumes of 63.0 MBoe/d, exceeding the high end of the quarterly guidance range for the quarter. Achieved record Permian daily production of 9.0 MBoe/d, an increase of 23 percent from the first quarter 2015. Successfully completed three South Gates Ranch and four Reeves County horizontal wells.

The decrease in adjusted net income was primarily driven by lower commodity prices, partially offset by higher production volumes. Net income for the quarter, which included a non-cash impairment of…

Finish this article — free account or subscription
  • ✓  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
No credit card. Includes 15 days of full access to permits, deals, completions and presentations.
Already a subscriber? Log in


More Second Quarter (2Q) Update News

Gulf Coast - South Texas News


North America News