I Thank through business walk some you, other management of and company's would to thought helpful Salah. details. strategy be the it highlights,
focused do not base, gas. our with flaring well almost asset any of fully routine region held production a Mid-Con begin materially are These primarily double-digit let's assets history, substantial PDP shallowing assets. First, well-understood require across here in production the to future have reserve or profile, the and which and life by with set, a reservoir long concentrated risk producing with produced little no diversified capital geologic,
company return. MBoe driven in able well XX-month despite no production rates added of keep We by remainder barrels of the plan result day through per in a day, a flat and time-normalized focus part relatively drilling XXX% capitally XXX continue program to per wells. over trailing over this nearly the of reactivation was rate this as of the at to new the XX reactivation of Mid-Con, which has As quarter-over-quarter equivalent average as X,XXX Mid-Con, weighted year, in activities a well delivered cumulatively gross
decline to base long-term upper PDP convert efficient we wells costs.
The these of type began teens. a through extended which of to will expectation reduce teens, to subset be further plan this will and more a activity of go-forward lift lower other method, the likely their which artificial with addition, profile In year
anticipate continue expenses, explicitly prior we costs, the we workover on we level wells. operating to to at more reactivate press remain expenses, While as quarter's
and that well over due our as been have XX%, proactive absolute management our XXXX. and attractive to tender the supports the an approach years, market which able benefit undertaken the program several last costs XX% secure and yielded the a pressures since by LOE inflationary in reduction as per general have respectively, Boe of material over in at control equipment, We prior and services more Board to initiatives capital despite of to rates, than
advantages, Henry Our and which services, low-cost Hub. water free to bidding down operating derisking owned-and-operated the cash miles over infrastructure is routine well focus both in asset positive handling other the and costs, center, highlight our X,XXX bolstering electric factors. I to footprint, SWD moment operations cost among reduce while the margins of further aided active like by owned-and-operated take strategic lifting and flow and XX-hour as as infrastructure, leader to provides disposal more being our a and $X $XX than a manned each of WTI would company to
current unforeseen against gathering In addition, ample and disposal system interconnectivity X/XX that only rates. and utilization help saltwater the capacity peak of the of is buffer curtailment.
The historical
of evaluating these leverage assistance the better emitted opportunity Oklahoma, nearby of from underutilized University sequester and/or assets from the day the to the transport to include industrial the company this capacity of the to feasibility one purposing COX infrastructure is With technical facilities.
the proposed the incentives In environmental for of financial sequestration tax contemplates COX. and/or legislation meaningful federal to addition injection reducing of emissions, benefit
stages, require these the projects support potential partnership before additional administration and research with commercial their in University While the through their into and Oklahoma.
Shifting of exploring infancy these to its over the company assets. of continue are is excited to moving
fit purpose. tailored organization year our plus, be for to cost-effective we last efficient, have the Over and
the reflect accounting, HR. versus actually necessary IT, functions, We and more and weighting administration, tax we have less such core perfunctory operations where create corporate rebalanced field outsource land of personnel but value and to as
our in in is million results and $X more G&A a than per-year key outsourcing us would roles on drilling. reduction required an the and more relatively XXXX. business Boe market. additions than the selective streamlining changes be and our to basis XX% include organizational the or provides technical greater expanded activity, both Only absolute flexibility for since small The Beyond G&A per adjust to savings, of in of scalability
Now risk-adjusted when are increase $XX to this have contributed net the free XXXX. million, opportunities. flow it September capability, we quarter, of return covered, investments million smart, high of rate Outside net of many now which assets paydown to $XX cash of value-accretive debt cash of over of the totaling significant our XX, of just points comes as total
company's free realizations. of Our efficiency Boe is resources goal structure and cost of as light flow to as much as low is flow. to cash This converting cash requirements EBITDA prices CapEx value-generating free the and well to supported commodity per translate by our improved
our next press on go-forward also key, to Our marketing to We reactivations.
At We often generation profile opportunities. incumbent strategy and current set of growing is on Actively front of for One, which the XXXX Mid-Con price safe, and an to additional This maintain, call. responsible, a more focus plan remaining to part maximize there's has costs. is pricing, plan in rate drilling the X the capital capacity of share cash realization as include the strategy, business value vigilant production continuing reactivated. wells with details generation this we can managing tranche well to operating as on maximize efficient flattening while assets cash administration of allocation as for that program manner, value capabilities our a and potential this on while of well the return planning. be workover value-accretive plan the and well our to by extending high and points. base
to EBITDA and cash The burdened have ensure as high to discipline free fully capital risk-adjusted, in possible convert of much a flow and return. as investing second prong projects through opportunities that is we rate
uphold $X value is $XXX strengthened materially provides Henry relatively note sheet fit competencies optimization, of acquisitions. sufficient all also vigilant favorable The of We'll and third our to, MVCs maintain Utilization, And flexibility the generation over ESG remain balance it's sheet, value-accretive G&A derisked well off-balance areas.
The subject by and robust NYMEX for not have to reserve This is to ]. approximates believe billion developed PDP-weighted profitably more prong company XX% over in perspective significant value the we Sequestration benefited paths our for midstream per and Hub. or core assessing that and optionality XX responsibility, Capture, to across strip, final that cash cost our the a are WTI is produce and the unaudited regulatory that than position, the value low shareholder potential Boe realization, in opportunistic $XX from on to company's million.
It up include which assets. flaring important and financial focus to of PV-XX will sums as efficiency to SandRidge's assets Carbon net by several optionality This down is October proved and commitments. [ continuance viability increase at is can as to wells applications no production other financial NOL. cash proposition a Further, $X financial
As and value we is our cash, to including assets, to our Board shareholder generate utilizing our realize maximize cash, value. committed
highlighting of of no SWD worth decline. production to prepared costs multi-digit no $X.X ESG call maintain; benefiting leverage; and summary, produced in overhead, operating concludes free by the now as infrastructure, Finally, low our fact, them.
In flaring future NOLs, some low-cost, taxes; flow from net mention inventory free We'll implemented cash I'll low XQ you current help and strengths: per time. of routine questions. have position, that around natural which seriously little and for We'll the company's high-return flatten your that capital requiring future shield income gas, commitment Thank in processes growing have a factors.
This we production as Boe life negative of to have our profile, federal asset to billion G&A and electrical $X.XX And diverse among a from top-tier have significant 'XX; the open cash well a well base. the of large will will reactivations remarks. take debt other the disciplined cash flow supported no have on
