EP Energy Corporation Reports Earnings and Operating Results for the Third Quarter Ended September 30, 2018; Provides Production Guidance for the Year 2018
For the quarter, Oil production was 46.4 MBbls/d compared to 45.1 MBbls/d a year ago. Total equivalent production was 80.4 MBoe/d compared to 81.0 MBoe/d a year ago. Produced Volumes was 81.7 MBoe/d compared to 81.0 MBoe/d a year ago. Total Natural Gas Sales Volumes was 121 MMcf/d compared to 126 MMcf/d a year ago. Total NGLs Sales Volumes was 13.9 MBbls/d compared to 14.9 MBbls/d a year ago.
For the year, the company expects total production was 79 MBoe/d-82 MBoe/d. Oil production was 45 MBbls/d - 47 MBbls/d.