us to through today I'm We'll handing our results up good call. through quarter during to quarter run take for Jamie, you the everyone. afternoon Thanks, and joining morning first going progress and to Neal before the the questions. financials. for we've the over call made for open to Thank then you
on to results. since earnings made us at we year-end our about brings over period, call, that advancing free which X. was fourth closer two months talked It's quarter steady XQ Starting of anticipated flow inflection progress another quarter mid-year our cash point strategic been we on our Over the just Slide agenda. solid delivery.
per during the net day quarter we production, equivalent with barrels approximately averaged guidance. line oil On of XX,XXX in
fourth third in rise and We new the to at as online expect Jubilee. wells production quarters come primarily
good quarter. of Jubilee Winterfell, we oil project, quarter next X, gas targeting first production And to the first now the are year. first end XXXX, company's by On next at Phase which around collectively Southeast, make targeting from first the development we to the end Tortue increase targeting the month. at Our oil are XX% continue on of are to we expect we On progress. fourth
are development on projects. these delivery the near-term of focused we Well
Mexico beyond pipeline drill our exploration We well Tiberius future infrastructure-led ILX are that. quarter. growth or the of to We also progressing next Gulf plan the in
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Slide highlights looks to and set. at three across hubs activity the slide X. This operations our production the during upcoming Turning quarter
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should end next drive slide. detail quarter over and wells I'll coming total end more of on the increase wells quarter. production third through Jubilee about producers Five comprising the the one a in that the of expected four are online the the from second These talk injector material in in months.
At per TEN, over production barrels oil just gross XX,XXX averaged day.
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expect the to oil production in infill in per with campaign Guinea, during three Moving day is back The next ILX the fourth Deep XX,XXX the averaged the first well drilling the is begin year planned gross expectation. of first for well quarter drilling barrels The quarter of end Akeng on end just of well line to with over the the online the Equatorial year. campaign. quarter around the Infill
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from Gulf two currently Mexico planned. bid hub Winterfell, the operator could beyond Winterfell block Kosmos high Also, neighboring was this phases latest sale the the apparent which lease of on to bidder with in joint the grow the in a a resource
detail near-term on year. growth Slide expected drive to Jubilee, production which our X, which more to Turning this provides is
of Jubilee late get resource over production. field field recoverable. online X estimated creates February, Now the over in big the a a XXXX, talked Less an which late This of this have XX% barrels about high years. full-year bigger billion the that continues is and X in came recoverable the opportunity produced in significant of upside plateau results to extend over been these coming margin barrels the since with billion expected to barrels equivalent be to place potential at than
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quarter. online other The the injector during and producer should third be
up XXXX. per first been rise expected The than is late respectively injector fourth quarter in chart of with Two more on with the to one early in water the start wells and right production Southeast, quarter. well XQ screen with producer first in coming shows impact XX% the the drilled new online in Jubilee expected wells to the online from barrels the and coming to On anticipated production XXX,XXX oil early day on expected the XQ, of gross over have producers injector June.
maintain barrels of oil above is of end through With XXX,XXX over per gross production XX identified day the development decade. partnership to drilling opportunities, the aiming the
Following has Jubilee Kosmos the XX increased its paid around to Oxy The investment transaction stake in months. in in back XX%. already XX% late XXXX, from
real plateau. Looking and of production transaction maintain increase the ahead, is this yet benefit to the come work to we as
flagged second the chart we've second expected weighted ramp also quarter. Jubilee likely cargo from with the year quarter, third right, cargo on of the Jubilee only Due On liftings to the lifting Neal up about which the the cargos half the the towards two Jubilee, schedule timing heavily in the of through talk shortly. will is
asset stack core point. new the In for cash wells it's the our major production flow anticipated summary, is of exciting Jubilee. and from at first time an Initial production the inflection
the progress the work project with during phase across the Tortue which of X, shows Turning first key four streams to good quarter. Slide the
of is subsea. installation drilled, flowed infield ready vessel the critical the now The Firstly, pipeline, will Timely the and of by laying to this back the have for work gas now followed wells the the path The year. Amazon scope and flowlines deep-water by end first structure. of execution been and be which is subsea production. the completed, then subsea
handover is Singapore. to the stop arrive quarter. during is end the the these this streams on and mid-year. key end the underway. Sailaway focused of location hub completion its operations gas of through to and is path by at this terminal first And expected managing the Floating Construction Pre-commissioning work enable operators is on vessel work LNG year-end. the of and finishing FPSO subsea work shipyard vessel expected mechanical now finally, on the The the of to from complete quarter. of expected integration advanced the commissioning now the point, construction At critical the is second scheduled in around with
to future LNG X, the and growth looks portfolio. the which gas Turning at across potential Slide we have
de-risked equivalent resource XP Tcf net gas recoverable on fully Kosmos, Tortue of gas around delivery barrels the place reserve gas This and or this X Phase billion around have our also XX partnership Mauritania Tcf advantage over discovered of to the the over equates of Xx across our XX in of to current base. oil acreage. basin, focused we is next the team X and the Senegal year, development. While has phase progressed Across
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financial the now to about of concludes over to quarter. talk the portfolio Neal hand review. the That I'll highlights