the our The operate water its downtime flat team from quarter high Thanks, were and and volumes the systems Taylor. to maintain our Capture capture, well In continues reflecting generally others. versus as limited commodity as and a quarter, peer-leading on at streams, expectations. captured in well exceed expected gas declined across remain little sponsor allowed prior OMP’s levels sponsor very to rates most first performance and as oil activity or pipeline. slightly experienced
XXXX, move activity. as Williston and we Delaware half of increase, best one of OMP’s see strong as asset expected is the you volumes situated the in parts to the and our in to to second base are close of of proximity levels guidance. in can However, basins
are plans commercial year and the a great for we customers’ Clearly, industry. unprecedented world our plans. an energy the seeing multiyear was recent new the XXXX and transactions, Given our for for trajectory
changes into we’ve change well. the a both level, year, perspective. a perspective Now activity-level from as months had last few macro OMP obviously XXXX, from At and since a of we’ve seen significant an amount major
remaining acquisition to interests, familiar OMP. of was recent all accretive DevCo which You’re with the highly the
of right was Additionally, as on simplification, part the city Painted the given Williston. a couple of the projects in refusal and large first of OMP of Woods
has distributions. improved been the we’ve us new few you’ve robust on and great outlook our and balance coverage continue distributions been of always in a sheet, able already to a that weren’t last business pipeline distribution their allowed We’ve position to many tremendously, year’s projections and with seen opportunities. while deals peers our third-party additional cut which strong for keep a sign a strong a in work to Finally, of
distribution outlook, current keep and expect leverage strong our to our keep continue to able ranges. to Given target we inside be coverage
quarter, Dakota. which the to XX% compares to Turning in North across first gas gas capture Wild XX% was capture. Basin approximately about
of of As with with the Reported OMP’s X of related items, capital South spending $XXX is that infrastructure in capital $XX acquisition, the a nine outlined date primary revenue. remaining XX% of purchase guidance. with the months million reminder, price is to accounting effective January to these and guidance, approximately of expenditures, adjustments for purchase approximately fee-based a component in XXXX the approximately track quarter was million first on included million the OMP gross $XX for February spending the our along Nesson cash during natural XXXX. financials, gas-related with to Adjusting legacy the capital expected million, $XX of driver business was February $XX million reflecting of
to I’ll million to XXXX And million. EBITDA by investor We EBITDA $XXX we DevCo guidance to with call provided our a separately, consistent we’ve the report. over are raise $XXX hand that, Richard. presentation, pleased With how gross to in
