Mid-Con Energy Partners (MCEP) is focusing on continuing to reduce its debt ahead of its 2020 credit facility maturity and its 2021 preferred unit maturities. Production will remain relatively flat in 2019 and Mid-Con may be able to reduce its debt by another $10 million at strip prices.
Notes On Production And Lease Operating Costs
Mid-Con's guidance range for production is pretty wide at 3,400 to 3,800 BOEPD, so there's a fair amount of uncertainty there. At the midpoint of its guidance range, average daily production for 2019 would decline around 1.7% from