want to reemphasize the done while brought the has safety I tremendous environment by the employees. team health And our we maintaining adjusting and remote prioritizing a The work COVID-XX. employees. Tommy. been safety successfully on to Tommy's on job comments our Thanks of executing have of
lows operations field slowed exceptionally capital record Our we have our have our at near with program. performed rates incident well or down as
front, second operations as the in limited activity to discussed responded earlier. quickly fairly quarter On issues we the macro was the
and crews of completion all been dropped. rigs have As May,
Williston drilling seven in were While capital E&P quarter, we both and the net very finished early second was completions plans XX% there multiple our wells Delaware, XQ. the for in and below
production to elected wells production the the On to front, recently completed May on improved. time of frame, retain number a March to value when in we defer pricing
and our existing Williston In addition in XX% shutting declining Williston April with rapidly voluntarily differentials April widening. in we curtailed to into approximately as of in production spot Basin. further and WTI these the Pricing eroded production wells, began we got
a to result, majority elected into shut of we production As go our in. May the Williston with
the May volumes conditions we month XX%. May, averaged online. curtailments significantly and of However, approximately began back bringing improved throughout
only of Williston July. volumes and have bring of online the over back to XX% completions most to curtailed. our our including I course continue at shut-in about XX% June on of juncture, being deferred this earlier, wells And volumes We the with we mentioned
expenses. combined job plan in effective a highlights nimble and execution, Our reduction at be Great practices overall their difficult well-thought-out, shut-in ability systematic and on process top-notch the team to reflected which, shut-in for with effective Oasis' times. to efforts
We a the has have asked lot team to a time, challenging occasion. and in the certainly rose
well driving toward to lower hard enhance work costs optimizing designs to continue returns. We and
We equipment, XX% supplies levels. versus to and expect XXXX to prices services decline XX% of around early
the capital perf well exclusively recovery. for completions, general maximum and, in allowing in sacrificing has in and the when sand, on course of stages reminder, clusters XXXX, the water, without in over drilling design This a on basis, evolved for and pad Williston Oasis completions the with a resumes development the years Delaware. DSU milestone reached Additionally, mode be as will several Williston, all activity, means toward optimizing In we've been this years almost our trend efficiency.
are economics activity In resumes We to as design the the quarter. second But to in good in tweaks to activity has Progress well when continue Delaware, record to to quarter, during past we and And shape activity. resume conditions expect been drilling when appropriate. we deliver minimal times. significant are Oasis years. mentioned, continue make was continued the I to over two the improve cycle
a This to compares last drilled mid-XXs to ago. low in Our year XX was days. well
We progress on $X restart expect push we to pricing well or costs when with potential design less the well around both to program. million and continued
data and As is mining Tommy design well Oasis mentioned, enhance team Delaware and to optimize continue and spacing. peer the
XXXX. with in an this don't rigs and acreage year on mineral our both developing owners May, to continue dropping Additionally, despite plan meaningful any work expect for loss we appropriate
the Oasis remainder the DUCs As Williston of DUCs, to half XXXX. completed XX exited these portion a the quarter we core complete of combined Through be plan the XXXX, remainder and with the reminder, to of in Delaware. of first in with a the
Our capex $XXX XXXX million second $XX half XX% our XX% down the $XXX budget. the million and or E&P $XX of in current other to million to outlook implies for from of year, full to original million
continue that, this an adjust year. the company will turn commend deliver day improve Michael. manage to To and a variety With quickly XX,XXX oil of Oasis to the preparing demonstrated to to whole remainder employees macro XX,XXX to well remain challenging, for The I'll OMP average recovery. outstanding through The in to significantly and and outstanding. in barrels oil returns I has conditions. approximately costs, of company the operating extremely the under challenging now results call expect we lowering reducing quarter, per the to volumes their for total OAS We the adjust of business executed over ability close, company environment. the capital environment and
