USA Compression Provides Q3 2014 Operations Update; Strong Contract Activity; Fleet Utilization of 94%

USA Compression Partners, LP (NYSE: USAC) (“USA Compression,” “USAC,” or “the Partnership”) today provided an operational update regarding its compression services business, including fleet status, fleet utilization, new unit contracting developments and general commentary on the recent crude oil price weakness.

USA Compression ended the 3rd quarter 2014 with approximately 1.4 million total HP in its fleet, a 24% increase over Q3 2013. Over the same 12-month period, revenue generating HP increased to approximately 1.3 million HP, a 22% increase. The Partnership has invested more than $320 million in growth capital, primarily in new compression units, over the last 12 months. Consistent with the Partnership’s core business strategy, the majority of the new build HP is comprised of large-HP units deployed in fee-based midstream gathering applications, typically under multi-year initial term contracts. USAC also has a small portion of its compression fleet, less than 15% of HP, engaged in gas lift operations for crude-oil producers, with the vast majority of these assets deployed in western Oklahoma, the Texas panhandle, and the Permian and Delaware Basins of West Texas. These units operate in areas with favorable producer economics and serve as critical infrastructure.

As of September 30, 2014, USAC’s fleet utilization was 94%(1). This compares to 94.5%(1) as of September 30, 2013; the slight decrease is as a result of the additional HP added to the fleet over the last 12 months. This compares to 94.9% at June 30, 2012, when spot natural gas prices dipped to $1.90/Mcf during the 2nd quarter of 2012.

Eric Long, President and CEO of USAC, commented, “Despite the recent decline in global crude oil prices, USAC’s underlying business continues to perform well. Unlike companies that may have direct exposure to commodity prices, the majority of our business is driven by overall demand for natural gas, demand that is expected to continue to increase well into the future. Our diverse geographic presence across many domestic shale and unconventional oil and gas basins helps mitigate potential temporary weakness in any one given area. Because our long-term customers are operating in areas with favorable economics, we continue to see strong demand for the ongoing infrastructure build-out that requires our compression services in all our areas of operation. We like to say that we are gas price agnostic; throughout the 16 years USAC has been around, we’ve seen commodity prices at all different levels, and throughout our history, we have been able to keep our fleet utilization at very high levels. With respect to our gas lift operations, given the current price environment, we do not expect to see much, if any, business deterioration in our operating areas. In particular, the Permian and Delaware Basins have some of the most favorable crude oil production economics, and we believe our services will continue to be in demand helping producers generate incremental cash flows.”

In addition to the strength of our current operations, the Partnership has experienced strong demand for new compression units to be delivered throughout the remainder of 2014 as well as into 2015. As of September 30, 2014, USAC had executed and pending compression service contracts for approximately 90% of the total midstream-oriented HP expected for delivery in 2014. Furthermore, approximately 40% of midstream-oriented HP deliveries scheduled for Q1 2015 have already been committed to customers on a long-term basis. Mr. Long added, “Our team continues to do an excellent job staying in close contact with our customers and anticipating their compression service needs. We are out in front of the ball when it comes to locking in new fee-based service contracts for next year, which we believe will only give us further visibility into our business as the year progresses. USA Compression continues to be a story of stability and growth, and we will continue to execute our business plan, just as we have done for the last 16 years through multiple commodity cycles, by focusing on our customers and prudently managing our asset base.”

2014 Guidance

USA Compression is also reaffirming that it expects to be at the high end of its previously issued guidance.

(1) HP utilization is calculated as (i)(a) revenue generating HP plus (b) HP in the Partnership's fleet that is under contract, but is not yet generating revenue plus (c) HP not yet in the Partnership's fleet that is under contract not yet generating revenue and that is subject to a purchase order, divided by (ii) total available HP less idle HP that is under repair.

ABOUT USA COMPRESSION PARTNERS, LP

USA Compression Partners, LP is a growth-oriented Delaware limited partnership that is one of the nation’s largest independent providers of compression services in terms of total compression unit HP. The company partners with a broad customer base composed of producers, processors, gatherers and transporters of natural gas. USA Compression focuses on providing compression services to infrastructure applications primarily in high volume gathering systems, processing facilities and transportation applications. More information is available at www.usacpartners.com.

FORWARD-LOOKING STATEMENTS

Statements in this press release may be forward-looking statements as defined under federal law. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of uncertainties and factors, many of which are outside the control of the Partnership, and a variety of risks that could cause results to differ materially from those expected by management of the Partnership. The Partnership undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time.