Operations

Our assets consist primarily of producing oil and natural gas properties and are located in Texas, Louisiana, Wyoming and offshore Southern California. Most of our oil and natural gas properties are located in large, mature oil and natural gas reservoirs with well-known geologic characteristics and long-lived, predictable production profiles and modest capital requirements.
  • East Texas/Louisiana – Approximately 44% of our estimated proved reserves as of December 31, 2015 were located in the East Texas / Louisiana region.
  • Rockies – Approximately 38% of our estimated proved reserves as of December 31, 2015 (pro¬†forma for the divestiture of non-core Rockies) were located in the Rockies region.
  • California – Approximately 11% of our estimated proved reserves as of December 31, 2015 were located offshore Southern California.
  • South Texas – Approximately 7% of our estimated proved reserves as of December 31, 2015 were located in South Texas.
(1)MEMP base assets reflect estimated proved reserves as of December 31, 2015 audited by Ryder Scott and pro forma for the divestiture of non-core Permian and Rockies
Total Partnership
Est. Proved Reserves ( Bcfe ) (1) 1,224
% Proved Developed 62%
% Liquids Reserves 64%
Gross Wells 2,466
Net Wells 1,534