RSP Permian Overview Large, contiguous, core acreage blocks in the Midland Basin Contiguous Acreage in the Core of the Midland Basin 188,000 net effective horizontal acres and 47,000 net (1) surface acres (95% operated, 99% rights to…
First Quarter 2015 Highlights Q1 2015 production averaged 15.9 MBoe/d (75% Oil, 14% NGLs, 11% Natural Gas) Increase of 86% compared to Q1 2014 Q1 Financial Q1 2015 exit rate production of 17.7 MBoe/d (1) Results Excluding weather…
Historically Low Cost Structure and Strong Margins Our operations and commodity mix allow us to generate healthy cash margins in a challenging environment Historical Cash Margins and Costs (per Boe) Realized Price per Boe (Excluding…
RSP in a Strong Financial Position to Execute its Strategy Financial Strategy Pro Forma Capitalization Table (1) Following its equity offering in Q1 2015, RSP ( in millions) 3/31/2015 has over 600 million of liquidity Cash 122…
RSP Deferred Completion Activity During the Quarter Q1 Drilling & Completion Activity Summary Drilled Completed WOF During the first quarter, RSP completed 8 horizontal wells as an operator (2 Middle Spraberry, 4 Lower Spraberry and…
Recent Operational Highlights Notable Recent Operational Highlights Q1 Operated Horizontal Completions Three-well pad: Lower Spraberry, Spanish Trail 4817 Wolfcamp B and Middle Spraberry Cross Bar Average lateral length of 7,400,…
Leader in Multi-Zone Horizontal Development in the Midland Basin As on operator, RSP has tested at least 7 different combinations of multi-zone, multi-well pad development RSP expects strong results as it develops across all areas of…
RSP Full Development Test on Johnson Ranch Johnson Ranch Full 960-Acre Development 1021 WA 1017 (WD) WA N 1019 WA At Johnson Ranch, RSP has completed 10 Wolfcamp A / 1017 (WB) WA Wolfcamp B wells across a mile on a 960-acre tract…
Continued Success and Development at Spanish Trail Lease RSP Spanish Trail Development RSP now has 9 horizontal wells on production and 5 horizontal wells waiting on completion on its Spanish N Trail lease Results remain among the…
Recent Middle Spraberry Results Significantly Outperforming Type Curve Johnson Ranch Recent Middle Spraberry Well Results 912 Avg 30 Average Average 90- 1811 Lateral Avg 30 day Day IP / 90-Day Cum Day Cum / Cross Bar Ranch Well Name…
Leading Wolfcamp A Development in this Area of the Midland Basin 1019 1017 Wolfcamp A wells have outperformed Wolfcamp B type 1717 curve, and zone will be included in initial development 1018 1017 4 additional wells starting…
LS Glasscock County Update 2015 Drilling Program Testing Multiple Horizons DEAN N GLASSCOCK CO. WC A WOODY 520 WC B BRUNSON 544 LS DEAN CALVERLEY WC A 655 U WC B L WC B RSP Acreage 14
Update on Horizontal Well Costs Target well costs have decreased by 30% since peak levels in Q4 2014, 20% due to lower service costs and another 10% due to increased efficiencies The illustration below depicts a 7,500 lateral well at…
Adjusted EBITDAX and Adjusted Net Income Reconciliation Adjusted EBITDAX and Adjusted Net Income Reconciliation ( in thousands, except per unit amounts) Quarter Ended March 31, 2015 2014 Actual Pro Forma Actual Revenues Oil sales…
Loading...
