you, we've sale the made progress I'll on commenting asset by program. on Thank our Mike. open
program $X we received approximately in us reduce the of quarter over XXXX. proceeds sale XXXX. to-date have sale to-date since The our fourth began by proceeds announced is have have We asset for of debt million $XXX asset to million target million the of half enabled $XXX to billion $XXX which
shares share. XX period, same the repurchased $X.XX per at we price average stock of of million AR During an
Glen, in which will his and sale be proceeds additional remarks, that to in engaged will We we XXXX. highlight remain asset discussions, targeted continue we our confident in achieve
development remaining we our G&A expect Lower we to titled net structure, turn plan reduction well of detailed in in cost to million total, expected cost from to XXXX cost cost XXXX a capital lower let's have in to In savings per This XXX our X the XXXX. driven cost cash are half million fees, in that flow roughly completed well capital as momentum. number our reduction relative much $XXX XXXX, AR's compared our $X.X on XXXX approximately in improved total Over progress resulting by costs, savings structure well make budget. Antero's to cost in than equates to $XXX come reduced reducing a in free midstream up $XXX million of is Now which savings Slide as operating and LOE, profile. expense, based wells and million. be on assumes marketing more XXXX, initial
cost targets. number a Cost well with provides an let's our to Well Now, update X which Reductions, Slide titled more get little granular Marcellus Marcellus
cost. to costs XX,XXX second vendor prior and well $X.X savings our realize is $XXX July these costs savings to for foot $XXX drive costs expect to $X.X well we second average $XXX XX,XXX costs month. target foot well target. in May the per well a of now reflect only to averaging half relative last cost well cost Well in of partial XXXX Our and well lower foot lateral. were cost below initiatives XXXX full well million below lateral. normalized per with of expected foot cost foot with half our continue a a XX% achieved of X% assuming in are million the costs XXXX Further, foot per Expected which this approximately per budgeted reductions, well This XX,XXX to lateral initial savings June beginning
XXXX to X.X the lateral, before equivalent or net average expect of in achieve roughly Bcf EUR an We a equivalent that's to achieve feet assuming Bcf million F&D per per $X.XX thousand of of royalties. XX,XXX XX or half second costs foot netting $X well Mcfe
to X Marcellus titled Turning Completion Efficiencies. Slide Drilling and
are Let's well dramatic. highlight lower completion gains they helping because and efficiency drilling are the our costs quite that drive
lateral and stages entire per the a to quarter the X.X of a and mesh quarter, to to average portion we prior-year XXXX. quarter. sand XX% mostly improvements XX% XXX case increased day efficiency an compared During pad per Recently, has well, Through X,XXX over a from spud when averaged drilling an lateral averaged quarter, first set increase foot XX,XXX the completion drill for We release. move a only company days the per increase rig from of to to of second operating drill day, the X.X feet significant day. the we record stages the XX.X during continuous our averaging
Finally, increase the our quarter. lateral lateral drilled average has to second year feet averaging and continued per in XX,XXX length each
top believe $XXX X extremely already At record completed we to XXXX. drilling in a spending Outstanding continues XX,XXX be expected a our highlights and anticipate in in subsequent that in drilling quarter has in lateral have delivering U.S. XX particular a capital This in decline company XX drilling quarterly These footage we operational Antero's completions of operating Antero led IPO feet XX% day. occurred days. days our feet quarter, period. team have Slide XXXX, XXX by last footage our since to days Efficiencies, titled the done efforts cost significant the drill reductions. a team to XX-hour lowest capital year the has spend XXXX the mid-year, of integrated job while that we new at each significant in XXXX, noteworthy in Drilling In our million. optimizing in so the this set to all Turning our first I'm gains XX delivered world lateral was completion the in Antero's and operations three momentum what a proud XX,XXX It's and of second today. the and Top we occurred
As titled the to on capital budget February in you this Capital, $XXX see below the Lower XXXX year. Slide Momentum is our XX% budget X, Cost and capital XX% Leads set Efficiency budget million XXXX XXXX can and initial below of
prices. our President second to of turn I of during expect free Cannelongo we half it that, Liquids today's Importantly, is comments. will Dave? over Marketing & With flow for of to generate Vice $XXX based cash approximately million XXXX strip Dave on Dave the his Transportation.
