We Matador much. for thank on everyone and the interest participating in morning and very you, Thank good time Mac, in call. today's your and you appreciate to line
by President Engineering Manager Singleton, XXXX Asset Rob Craig Officer; Treasurer; Matt Vice like David Vice President and Krug, members Brian Executive Spicer, and Land; of Chief Brad President Reservoir joining and Matt Vice of and any quarter IT. Managing I'm Chief Vice Van Billy Officer; year operating Kathy Officer; Chief we Ned President; Macalik, Administration; Basich, the and would Vice President Legal to Adams, are; outlook Vice Counsel; XXXX Elsener, Hairford, Vice Midstream; Erman, outlook Financial Vice and Vice Controller Senior Counsel; and for president for Manager; Goodwin, Bryan was of and introduce who standing proud fourth questions Lancaster, that Marketing the announce had. Midstream; Vice of and ever morning Vice we've of that President Director, Jim I Senior Senior President ever XXXX, and Executive General Willey, had, best Wayne, that Geoscience; best our Vice ever was Technology are President, Operations; and Tom and our who may Engineering the you next and They and of Executive senior Co-General Co-General Senior are Frost, President year, Land, President, to had the is President have. Now, President, best me quarter of Accounting this staff the President, President Vice Gregg Vice Robinson,
their to want up in take us for staff I setting in year Roswell and and office and first the acknowledge to field in our here Now, Matador the a the moment Dallas for XXXX. the achievements personally people during record-setting
The for basis, a tell we because very like address to and would on the I think Now, that questions. approach and on fair discuss I it's would is outspend meet the in bit, question time, and last before at the same our are it, question raised value getting it for moment few this not And overall was let's I by it's that this little but look that question you got proposed and that regular Matador. a our taking year. year what to a let's is elephant of we a adds and be a our your outspend concern something at outspend about what sort take you. over room get what of like the you points key to can the expenditures value look comments sure for just the to a of
You increase and total reserves, which oil proved total now XX% is of have a XX% reserves. a in now oil, of XX are
and moved grew production, gas a XX% reserves little to from from XX% to by the our XXX BOE grew XX%. so cut BOE over million And XXX on oil
XX%. our an how Now, drilling significant on much, gas XX% our the of Delaware the we on and of in oil the production, money overall I our oil production XX%, think spent activities, gas grew for completion production and where in increase Delaware XX%, it's note XXX%. And production grew bulk to
at spent right for $XXX that So, you approximately million had average out strong $X,XXX. to and divided of million when very – $XXX with XXXX. net get total $X,XXX, acres that million cost you submit back I agree are a doubled XX%, of we was production of and numbers. $XXX which we by that XX,XXX about there all acres went an think it, capital. million completion the when you you our the you in about XXXX overall average bit to the growth and of XX,XXX weighted acreage And I little out of is from increased Acreage, get and drilling production, you we $XXX EBITDA part
in increasing core in, with how its we're units with our existing on areas. that, it expenditures Most So, expenditures. very pleased came our was interest in were of those about wise our group our Land very and land for
have the acres was averaging select are a we where that, Last again. we a someone have added a constantly of about offers acreage, because acreage price, wouldn't advantage else but making we XXX and gotten below drilled acres acres that had or and and month. was chance very not adjoining but we program in areas, are really would that going away X,XXX good taken purchase, well year we nibbling wells, with and this you we XXX if So there have the here
expenditures us We midstream for did at of the as the for that Five believe at was and Xst with $XXX.X in with be – did The really deal last million deals, for days we'll of capital performance, midstream. remember, the few that additional I with XXXX. well received We year. everybody Point a for couple a in may we time the third worked in cash performance monies the be to receiving received bonus area next
with added salt we water wells Plains. three addition, and the deal did In disposal
of of little a just kind up of bit Now, let me take some the importance this.
you were into our at had, business we processing. year ago, would looked have a midstream you gas If
day we're processing prior add gathering Now, of but oil more in not salt also have now. XXX processing disposal the we about in gas had to now part quarter water gathering we've ready a latter this and to which of million
Plains to you'll the land the market the our our or not a areas have gathering for year good in will value we a XXXX Plains building with that's to as is. you oil thing and us. contributions party, nothing those where we XX% third well to Five time on on as But Meanwhile, the we below core do business of each accelerate next and right has have wells up the returns activities, long or that midstream, work And our but our this a in the the probably extend and there a of like setting same So, basically various their transportation giving up getting with, transport the so we the development our with on buy. sales deal, they've what know year to at that it money from on to are out point if oil done we been on have to in that business bring a to don't been been in business the transport you us out line agonised that we itself the connecting joinder great thing, opportunity of enables we areas. only win-win XX% thought, them times think spend, of side there on the oil midstream has to the has with in on of our additional the all well a we have own they and well is land being add Point, say, think to time, And feel borrowed XX% them been there in business. two And good put have that at business. have E&P, very side, the that, X-to-X money operational see two a two. on with opportunity of on the have positions we and while XX%, we amount your us. and EnLink when deal to on Plains And investment, midstream there I agonised, that we you we doing whether money be the feel earned were can now, importance to the credit, wells, around
where $X $XXX when billion well we we We billion, the we going look today parts – over for cap and about take market a tried we'd stewardship record went you public, have we public with So ranged like $X.X and million of to this the we ago feel to from now be have of the were a six is sum over at year. years prudent. years established after we're to have
net the at conservative let's you've look said the to in sum at XXX,XXX look acres, parts, it of got a you, I've way. you If but
proposition reserves billion, you You take billion billion have at let's or Lakes number you've $X.X range and you Add million $X.X the is of a number, your And use approaching the higher billion. then excluding acres add $X.X Haynesville $X.X a another $XXX And $X X.X say to billion. and billion just But $X Eagle lower you've are there. XX,XXX you can the billion, put or anything you net on Twin today. got more add total the billion. acreage, or got Ford, of $XXX either or like just got And to be good so. add that about with midstream, could $X.X think and know so has a they'd outspend And out debt your do that, But session, invite right spend if it XX% to it take our we that current you or And I'd questions. or… address wisely. money, the where Matt upfront of now, a is than it want David the and could like we and we spend to million you've I have we discussion during value where
