and and strategy highlight will on Thanks discussing focus financial highlight X capital the today. for with including spending going long-term first announced our further in realizations full Mike. talking East XXXX costs towards quarter today our savings and on outlook. Thank quarter position I'm our listening you I to we've call the reduce service. cost following target. achievements my price and our will cost will In He I'll through time hedge by that then well our our Glen expanded conclude items premium everyone Mariner operating NGL second initiatives. about comments, to key provide the achieved to some recently savings spend detail
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drill to continue longer We laterals.
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XX% XXXX more In me operating LOE. LOE of So half bit a represented costs let total lease of approximately expenses. about first little talk the water produced
water annualized produced we expect on equates least least an Assuming to budget 'XX Antero Cal XX% This new $XX costs. provides savings expanded reduced 'XX LOE at services, Cal by to compared of Midstream at the be million basis. in to
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can of gas lowest to cost the ranking us average in see, becoming lowest natural well cost will in our the As producers one world. from you cost target basin move an new the
some the $XXX history that fully of for at the While today, achieved have realized company's from initiatives results lowest costs, spending in seeing as these we already we on quarter million quarter. recognize focus not we're capital the costs been our
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CapEx D&C line quarterly Going a second rate million range. forward, in the run million $XXX to anticipate the $XXX approximately spend with quarter we in
increase cost continue target summary, The intense lower an lead the capital value D&C well low through of guidance completion in similar to deliver completed reduction in costs. at in end total 'XX is focus XXXX well our Cal $X.X during capital billion to of a a longer In on XXXX, 'XX. maximizing to we $X.X XX% capital billion will completions is with Cal and but to despite actually laterals. due spend expected to prioritize of decline footage in range and drilling year lateral to a next The number
to With turn to going it that, over his for comments. Glen I'm
