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EV Energy Partners 2016 Capex Slashed
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EV Energy Partners, L.P. has announced results for the fourth quarter and full year 2015 and announced its 2015 year-end proved reserves and 2016 guidance.
Fourth Quarter 2015 ResultsProduction for the fourth quarter of 2015 was 13.3 Bcf of natural gas, 351 Mbbls of oil and 655 Mbbls of natural gas liquids, or 209.8 million cubic feet equivalent per day (Mmcfe/day).
This represents a 23 percent increase over fourth quarter 2014 production of 170.9 Mmcfe/d and a 36 percent increase over third quarter 2015 production of 153.8 Mmcfe/day. The increase was primarily due to acquisitions completed on October 1, 2015.
Full Year 2015 ResultsProduction for 2015 was 43.6 Bcf of natural gas, 1.0 Mbbls of oil and 2.3 Mbbls of natural gas liquids, or 174.8 Mmcfe/day, which is essentially flat…
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