Rosetta Resources Inc. Third Quarter 2014 Earnings Review
Earnings Call Agenda Overview Jim Craddock Financial Update John Hagale Operational Update John Clayton Closing Remarks Jim Craddock 2
Overview Jim Craddock Set record levels of daily equivalent production, oil production, natural gas production and NGL production Increased total daily equivalent production 44 percent versus 2013 and 20% versus prior quarter…
Strong Growth Track Record Net Risked Resource Potential Net Production (MMBoe) (MBoe/d) Permian 288 MMBoe Total Company Estimate Range 879 80 900 72 - 74 74 800 70 72 63 700 60 600 578 570 50 600 50 500 40 37 396 400 369…
2014 Fourth Quarter Guidance Production Guidance (MBoe/d) Average daily production 72 - 74 Expense Guidance (/Boe) Direct Lease Operating Expense 3.00 - 3.10 Workover Expenses 0.24 - 0.25 Insurance 0.04 - 0.04 Treating and…
UPPER EAGLE FORD PILOT UPDATE
Upper Eagle Ford Pilot Program L&E Upper Eagle Ford Pilot AVG L&E Upper Eagle Ford Offsets AVG L&E Upper Eagle Ford 10,000 3-Stream Production (BOE/d) 1,000 100 10 0 50 100 150 200 250 300 350 Normalized Time…
Upper Eagle Ford Pilot Program Future Plans are to pilot test the Upper Eagle Ford at North Gates & Briscoe Ranch ... A Pilot 1 Pilot 4 Pilot 2 Pilot 3 Future Pilot Future Pilot (East Gates) (East Gates) (South Gates) (L&E) (North…
PERMIAN HORIZONTAL UPDATE
Permian 3Q Horizontal Delineation Activity Wolfcamp A Test Tall Texan 36 4H Wolfcamp A Test 1,608 BOE/D (7-day) Wolfcamp A Test City of Pecos 13 3H Deacon Jim 6 1H 1,053 BOE/D (7-day) 693 BOE/D (7-day) 3rd Bone Spring Test Johnny…
Completion Design Improvements Rate Comparisons 4Q 2013 1Q 2014 2Q 2014 3Q 2014 500 3rd Bone Spring 450 Wolfcamp A 433 30-DAY BOEPD per 1,000' LATERAL (3-Stream) Wolfcamp C 392 400 357 350 321 292 309 300 279 267 268…
Permian Reeves County 3Q Completions Flowback Rates vs Upper Wolfcamp Horizontal Type Curve 3-Stream Production (BOE/d) Note: All production data normalized to 5,000 lateral length Days 12