I'll our about quarter to it VP first as to over Marianella COVID-XX our of quarter relates the quickly position. to and Finance prices. results to and to Louis. Thanks touch our call. earnings our liquidity Then thoughts commodity Welcome I'd turbulent everyone. more future pandemic the turn talk it Foschi, our about Good like first on afternoon
the assets. having uses DJ acreage some practices those operations of Basin and the management known an in team that best for develop outstanding is for Extraction safely to
our drilled lateral with XX gross, once net During X.X wells of delivered we of turn XX miles. XX gross, of lateral X.X net average average first with length team miles. length an XX length as lateral quarter, X.X again sales another the an ops We XX wells to average XX completed wells miles an net and with we successfully gross,
we approximately day last which Broomfield. our wells at told you our with of per On with These have about a our we X,XXX being turned BOE first XX% crude in of expectations. rate call, XX-day set wells favorably produced oil, online three-mile peak compares
first and the Windsor, turned and laterals disturbance. our that effectively During ability access with we cost drill less in lateral surface another online to three-mile long demonstrating minerals further completed more quarter,
half and wells wells. three-mile three, two and drilled have a We mile XXX over
ability reliably game-changer drill for and Our areas these a to challenging. laterals in access longer surface complete us can become has more be already where
barrels per crude Our day the oil. production including XX,XXX day over XX,XXX over just of BOE average quarter, per during
was This million that $XXX our plans. million line prior During of invested D&C. for largely all we which $XXX time, in was with
significantly quarter. last the XXXX November our our since However, has changed of updated XXXX world back we and plans plan in announced
war began. our Saudi-Russia remember update day most the the recent You'll before was price
pandemic. demand As the you crude of know, in coupled COVID-XX a we driven supply, from are glut destruction price by resulting now a unprecedented commodity operating environment, with
from by meant commodity the the have over shutting operations necessary the pads reduce reduce reducing And times, lowest margins, taken production With still together LOEs shut respect a teams strategy highest the to put prudent next well-by-well and while with operating price months, margin production steps maintaining have gone these and to or cost pad-by-pad we low structure wells. in to to in capital few from our expected realizations challenging expenditures. our to our adapting and
curtail we warranted. not are monitoring production, our of and amount the we if decided pricing to overall to a are meaningful yet swiftly ready Although act have situation closely
cost two-mile our cost costs we AFEs reduce XXXX. expected costs a were reduction XX% $X.X downturn expect compared since published the continues. previously the price to now formed in company two-mile $X.X Niobrara These to further million our over front, with the anticipated to if a and well well commodity the by are million. able was cost well to decreases Codell We lowest On
our capital year. the our rigs we Due crew. to the of during markets, our remainder in both and middle to commodity decision of continued to April drilling completion plan the Turning made the release for the the uncertainty operated
the Aside from we during second possibly year, and half further completion operating, until drilled, Greeley prices are in uncompleted of improved. the but delaying activity pad completing drilling one
now I'll liquidity. turn Marianella discuss financial to over it our and position to
