The divestment of Haynesville/Cotton Valley and Uinta Basin assets attributed to the fall in production volumes. Further, lack of new well completions caused 9% y/y decline in volumes from the Williston Basin. While natural gas volumes substantially declined74% y/y to 9.2 billion cubic feet (Bcf), natural gas liquids output jumped 30% to 1,178.8 thousand barrels (Mbbl). Oil volumes increased marginally from 4,974 Mbbl in first-quarter 2018 to 5,083.6 Mbbl (65% of the total output) in the quarter under review. With the company shifting its focus toward Permian Basin, equivalent production from the area jumped 47% year over year to 4,082.3 Mboe, partly offsetting the overall decline in volumes. QEP Resources allocated about 80% of its 2019 capital budget for this lucrative play, as it aims to transform itself into a Permian pure play.