quarter Jamie, and morning, welcome everyone. And Thanks, our good earnings webcast. fourth to
begin I that I that me of topic the the talking some you, on is touch and Before on IDRs. have quarter, for your we all know business let updates about the minds, year
some soon ongoing, as what that to hear, been that wanted and at you views the provide you. I do our which we updates we've new not update, our I know provide. looking to input sponsor with that's the time the from any includes for have we’ll as sponsor's are understand Well, conversations an as understanding market investors, well. Today, I IDRs, our and for management said from not have
have to Gulf and base specifically of to Mexico. like several for updates our I'd Today we the that on related you business, focus
growing on of our XXXX. year-over-year, Production to X% since outlook remains Before been and of Gulf as updates, bullish. I Mexico up it's XX% the has those over Gulf always in the Mexico get
growth has execution, through and down and this expected to continue in come is and this drive to continue do scoping per affordable day as high breakeven reach efficient year this million XXXX. competitive X.X new technology. barrels producers And growth a prices This of they
team the producers funnel commercial unique as is for we're online, into continued which through partnership future. our no come And these working replenish new to with a for opportunities required And us producers to partnership. capital and will the position and in connect fields our busy growth the provide little the to
me get let we for those So to that updates have you.
you a Amberjack took the happy project. As its have expected dedication investment XXXX. signed Anchor with its I'm may decision first connection has Chevron And successfully agreement and that in oil December, today announce seen on production, for in final to Anchor
let about me project. a talk that more bit So
that project, opens Mexico first it The to Midstream strategically development, up $X.X Chevron's positioned Gulf a phase Shell it's of a billion for the of is of Partners capture. And area new Anchor investment.
for provide This which expected future opportunity includes produce Amberjack and barrels this of which which in tie future. new new to provides will of initial day, And into volumes per the a area investment corridor. a up through host fields, the is host the flow a well additional all also of drilling backs XX,XXX can program, oil to
example story. The growth Midstream organic connection Shell a of is Anchor Partners' great
to the have new will outlay, Amberjack no core action. attracts our strategy capital We corridor That's while production in system. our
the or in as project Vito producers like Vito, nearing the corridor, our the over projects to have come area. online system to see And Mars capacity we continued next Switching grow PowerNap production year. Shell's
interest the our non-binding the to solicitation the at producers to opportunity last we're quarter, expand project. report from significant And continuing interest pleased we're looking I'm and system. we progress have said to of that I As had in
the Currently accommodate demand. additional we're to expected scoping the project
the in of take final towards team commercial to this working agreements. year. And finalizing Our the decision project we half expect first is on investment
capital the being deliver Anchor projects the examples relatively excited of low We're low partnership organic Mexico. about risk growth and with Gulf of Mars with that are positioned. outlay of And we the well future to
partnership base VLCCs. diversified onshore Loop, onshore, to on of benefit the its Touching provide. that connection and we're on port are flows gradable our of from deepwater capable cash terminals And the still Zydeco leveraging continues pipelines the is which focused to that loading only
of the Our James Zydeco into system, or if various to deliver Loop pipelines deliver it's ability flexible directly from with with batch And and the systems grades St. crude availability to you one only Loop. recall the is most Houston. of the of
continue Loop pull for advantage for [ph] gradable as for export needling Houston, or distinct from Zydeco, offshore, consumption. to providing local or a is volume this to we And supply refinery
closing, people our in of I'm our Shell Midstream, and assets. extremely So, proud
as are growing focused safely delivering need, on on energy the our always and partnership, delivering our We the customers commitments.
the it with I'll and And Shawn performance that, quarter fourth turn to to Shawn? a over few updates discuss for XXXX. you give
