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Accounts Receivable and Accounts Payable and Accrued Expenses | 12 Months Ended
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Dec. 31, 2015
Centennial Resource Production, LLC (Centennial OpCo) and Celero Energy Company, L.P. |
Accounts Receivable and Accounts Payable and Accrued Expenses | Note 3—Accounts Receivable and Accounts Payable and Accrued Expenses Accounts receivable are comprised of the following:
|  | December 31, |  | December 31,
|  | 2015 |  | 2014
|  | (in thousands)
Oil and natural gas |  | $ | 5,789 |  | $ | 9,116
Joint interest billings |  |  | 1,514 |  |  | 11,116
Hedge settlements |  |  | 3,956 |  |  | 3,141
Other |  |  | 1,844 |  |  | —
Allowance for doubtful accounts |  |  | (91) |  |  | (256)
Accounts receivable, net |  | $ | 13,012 |  | $ | 23,117
Accounts payable and accrued expenses are comprised of the following:
|  | December 31, |  | December 31,
|  | 2015 |  | 2014
|  | (in thousands)
Accounts payable |  | $ | 1,827 |  | $ | 30,224
Accrued capital expenditures |  |  | 11,700 |  |  | 59,675
Revenues payable |  |  | 3,439 |  |  | 7,566
Other |  |  | 3,019 |  |  | 3,830
Accounts payable and accrued expenses |  | $ | 19,985 |  | $ | 101,295

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