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  "documentTitle": "Antero Midstream Partners | Mergers and Acquisitions Presentation Deck | 29 slides",
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      "text": "Future D&C capital budgets that are measured and within cash flow",
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      "text": "Note: For additional information regarding Non-GAAP Measures please see the Appendix. Estimates assume strip pricing as of 12/31/2017. (1) D&C maintenance capital represents $590MM per year to hold production flat at 2.3 Bcfe/d which was year-end 2017 exit rate. (2) Free cash flow definition includes $175MM of maintenance land spending, but excludes $175MM discretionary land spending, per Non-GAAP Measures included in the Appendix.",
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