Abraxas Petroleum Corporation provided production guidance for the fourth quarter ended December 31, 2016. For the quarter, the company reported production for the fourth quarter of 2016 is expected to average approximately 7,955 Boepd (4,923 barrels of oil per day, 10,087 mcf of natural gas per day, 1,350 barrels of NGL per day). Abraxas volumes were partially impacted by freeze offs in the Bakken and Permian in December 2016. For the year, the company expects capital expenditures for the year ended December 31, 2016 are expected to be approximately $31.7 million or approximately 9% below the company’s revised $35 million budget.