operations QX George. Thank the quarter for group. was you, exciting an
X. to Slide Turning
across in around X,XXX improvement XX% I'd discuss You to lengths like can times. show improvements To have Quarter-over-quarter, see to cycle that from key lateral start several our continue we areas. our Despite with, by rig QX laterals, longer feet to second QX. in the around decreased average release spud from on XX.X XX.X in feet in quarter. average QX days our to XX% to in X,XXX days increased
and Bone the of drilled We speed Third two-mile for of total total reach This among industry best where number milestone Mexico, operations we This is spudded in Spring from for from improved Sand QX. X.X a feet. up days certain also it depth a XX,XXX we also record the set approximately lateral has fairly a driven are a Lea spud laterals. of new wells Centennial ourselves in new just New in in County XX% QX, extended in to ranks the
As importance sake a geosteering we that, important speed. for it of note of myself, not the geoscientist the is sacrificed have to
of prescribed time window We high drilling the at continue the QX. in execute very to in target for a geologic XX% level
isn't department only costs improvements the times. both one continued where seen and cycle drilling Our we've in
the reduce high new performance. the well year-to-date QX year, on to we have our facilities I environmental that be facilities call, to dropped XX% accommodate been now to multi-well facilities building can fact our around focus has $XXX,XXX that attributed maintaining that, to well. in additional Shifting This to costs per on while be last basis, to per easily continued reduction As expanded Compared a ESG. designs costs wells. have mentioned can group
our full achieved taken Centennial we QX. confident also employees of one New capture appreciative first efforts gas introduced initiatives. have are goal the of following Texas includes of in number, XX% Mexico With successful as of and to capture still of winter the This keep a our of capture assets efforts impact half can while contractors XXXX. program corporate our XXXX, XX.X%. during gas recycling we implementation top that and in achieve For are impressive storm Uri water our during Centennial the continued gas year rate its recently
come. further years of half result, further committed and of completed quarter on and water environment. overall our a reused is As to wells LOE expansion while water capital wherever nearly reducing water, recycling impact anticipate costs, the lowering used also the possible, the second we during in to consisted Centennial for
oil Reeves approximately costs, or approximately strong BOE foot, began in a oil on IPs Sand point Furthermore, Mexico, wells with like results Chorizos BOE New also the State the barrels to C X,XXX-foot Staying the in an in average results the well a IP-XX development to In were Second and Third Chimichangas of I'd testament X,XXX-foot State directly State, This oil delivered an targeting average X,XXX reduction initial Third the well excellent was came the production XXX approximately to XX% production lateral. and this Bone of day. Powdered $XXX an our with upper barrels Chorizo XXXH at per X,XXX cost per per turning which which cut of Now profile to structurally per and we Sand formation Third continue fact flowed XXXX laterals, lower our evidence an completed, recent our and IP-XX X,XXX and lateral over XXXX Not operations X,XXX the with day on is Com of County. and Central per solid, overlying in work estimate XX-day posting in for no the laterals team. Spring these an items Perhaps intervals. stacked evidence Notably, wells almost X,XXX the Drilled X,XXX-foot approximately Chimichangas saw of Com in oil day, the these of that, there reported cut Spring IP-XX block. day two oil results. a XXX County the barrels out one approximately Lea since an the and slide pad. Spring lateral demonstrate a Texas, interval, or Mexico, X,XXX-foot to are well key despite well per the online two Wolfcamp average XXX-foot day Sand. XX% drilled equally Third tangible on hard Donuts Spring of lower X. as interference, of Drilled in Spring drilled important almost of per per of And the New after day, a Bone wells, equipped approximately of achieved a and our wells average. X,XXX years developing barrels Northern BOE over drilled barrels and X,XXX an back from delivered of In spacing, of These TXXH XXXX of were ranks Sand. per were Bone of the the XX% delivered XX% day, XXX were Donut is top Miramar day is produced Bone we per oil CXX Powdered demonstrable production in material three-well IP-XX and Sand. development underlying drilled, only represents but as XXX, Bone oil. This
wells these First, the completed northwest Reeves higher of County portion position. our were in GOR
of late, see Given have the constructive why as can market we're excited in portfolio. and for NGLs it you our to gas
are the barrels is prices, per and IP-XX robust. NGL of you X,XXX a economics streams an oil average include solid gas at of when While day result, incremental natural current the roughly
For model BOE rate north a this return strip well and pricing we of package of at finding development sub-$X wells, cost. XXX% and per of
were Spring tests I existing the County. several of been Secondly, also Third A tests developing have Wolfcamp interaction been A as Spring result our the development initial Sand The infill and in areas. tests producing development any in that Wolfcamp very most drilled Reeves preexisting Bone only our than employees tests strip first recent development average less current lateral co-develop forecast C, conducting pricing. their $XXX and that areas, momentum the laser-focused bolster infill the and per for both in both recent we the asset and do mind, still across little the C and Wolfcamp upon half building our our been year it we of Bone initial our costs during our operational encouraging, our around the economic flow in as development with we for Wolfcamp quarter service Wolfcamp XXXX, foot, below while markets above in guidance is the drilling and well foot commodity to quarter. build an wells and to position operational have if includes by costs years. assumption confidence remaining intervals our and in meaningful pressure that of year. these positive solid I'm base, number forward when flat of a say higher during remaining our executing demonstrated returns have during be that is XXXX can existing deliver free and A. we to delivering concerns have appreciative our Sean at C the And very of in speak year. units, $XXX development our broader future remarks. our I per focused despite facilities gross that, remain I'll the in inventory. Third lateral the program approximately demonstrating The not quality efficiencies, during the in plans. well flowback. improvements range adequate well on our able payout to work. results these and average which that at the know enhanced closing gives increased We foundation over as our entire costs with remaining have inventory as of scenarios. the inflationary of cash which offset to well of for turn hard the And program significantly half The I to team Texas $XXX us look of also we in back cost highlights feel of that of to the operating With and properly in remained the on We Despite XXXX, for acreage of one costs future remainder Overall, the this well This from control but both cost efficiencies oilfield helped