Breitburn is led by a strong management team that has on average 30 years of experience in the energy space. Many members of our operating team have strong backgrounds with leading energy companies and top U.S. petroleum engineering and geoscience programs. As a result of their technical expertise and the use of state-of-the-art technologies, Breitburn has been able to extract significant value from our asset base over the years through effective exploitation techniques. We have a strong track record of delivering on our capital program and are proud to say that we operate the vast majority of our wells. In fact, on a net production basis, we operated approximately 69 percent of total production for 2015. We are committed to continuing our solid track record as a strong operator and hiring the best talent in the industry to join our team.
With a strong foundation of industry experience, Breitburn is also able to optimize its operations through:
* as of December 31, 2016