Jagged Peak Energy Inc. announced unaudited consolidated production results for the fourth quarter and year ended December 31, 2018. For the quarter, the company reported production of oil of 2,673 MBbls against 1,771 MBbls a year ago. Natural gas was 1,968 MMcf against 1,377 a year ago. NGLs was 533 MBbls against 211 MBbls a year ago. Total average daily production volumes were 38,413 Boe/d against 24,037 Boe/d a year ago.

For the quarter, the company reported production of oil of 9,620 MBbls against 4,979 MBbls a year ago. Natural gas was 7,992 MMcf against 3,601 a year ago. NGLs was 1,534 MBbls against 3,601 MBbls a year ago. Total average daily production volumes were 34,207 Boe/d against 16,974 Boe/d a year ago.

For the quarter ending March 31, 2019, the company expects average daily equivalent production at 36.5 MBoe/d– 37.9 MBoe/d. Average daily oil production at 27.5 MBbl/d– 28.9 MBbl/d.

For the year ending December 31, 2019, the company expects average daily equivalent production at 38.3 MBoe/d– 41.3 MBoe/d. Average daily oil production at 29.2 MBbl/d– 31.2 MBbl/d.

For the quarter ended December 31, 2018, the company reported impairment of unproved oil and natural gas properties of $28,145,000 against $8,000 a year ago.