Jones Energy, Inc. provided production guidance for first quarter of 2018 and fiscal 2018. For the first quarter of 2018, the company expects total production of 1.7 MMBoe - 1.9 MMBoe and average daily Production of 19.2 MBoe/d - 21.4 MBoe/d. The company is announcing an initial capital budget of $150 million for 2018, with approximately $119 million dedicated to Company operated drilling and completion activities. Based upon the initial 2018 capital budget and operating plan, the Company is projecting 2018 average daily production of between 19,300 and 21,500 Boe/d. The company expects total production of 7 MMBoe to 7.8 MMBoe.