royalty subsided with joining Good and royalties, constraint we coming the for revenues of a those downtime takeaway near increased gas strong prices This that morning, by summer and term. was with and NGL natural prices. some the and gas during in of and be our additional development than challenges assets.
Starting logistics production online, oil we've activities and quarter, gas lower natural having less were infrastructure operators us With more infrastructure past higher thank oil, heat issues development waves. think continued surface will impacted from electricity heard capacity negatively by X% improving today. for quarter-over-quarter everyone, TPL another performance driven offset delivered you and quarter, commodity and by as water sequential
leases, SLEM, our surface been and benefit in we to which particular, as strength our across expanding driven endeavors robust, For development pipeline have various infrastructure refer In to continue broad easements the Permian. we there. segment, by materials from easements
year-to-date water, all this have approximately the represent from our source third of what sales high quarter down day XXXX. record our and past prior quarter particular, for representing in record demand volumes. water we of water off with Though sales did across volumes sequential source per remains For eclipsed XXX,XXX revenues quarter, already elevated, revenues utilization system. In XXXX treated barrels volumes
Produced water up and the quarterly continues grown side, a which to TPL capture across of are volumes steadily surface. X% our On continue agreements produced grow revenues our through the large to AMI portion have year-over-year. water across significant volumes Permian,
some wanted net referred take time our XXXX well give second outlook, on morning wells, some and a trends well production X.X net royalty provide increase as inventory, TPL's visibility completed wells. XX.X I near-term inventory X.X end net permits, levels. to recent the but This To net XXXX, which to this also from TPL wells the uncompleted had Starting third DUCs development quarter totals with near-term of quarter drilled X.X represents at our to on additional acreage. XX%
than wells Although some which represents wells added the most historically, level seen gives soon. completed we've we lower near-term new a into as trends get production turned net relatively producing what to higher quarter, of visibility had higher balance in recent sales generally those this much
acreage. respect average In months.
With turned spud rig rigs have are new rigs fracked We averages data, approximately timing group strategies attributable large on else approximately to timing TPL third wells we operators approximately than around versus was to in currently permit spud record sales XXXX, and was total, wells in believe significantly and 'XX, on it approximately quarter timing in that after year, by to year XX% although until seen from more this months, part X effect within completed. XX considerably in were at also X align of worth more equal, rigs, on completion counts than delay operating whereas levels initial in longer co-development the those of noting well XX this averaged we've wells is together is production with have the last estimated there well operating the time, in of These already with wells a days. and permit the the recently utilizing activity rig years. collectively Last that to has turned whereas we of days, becomes XX has to All year then to prior our timing have basis. around For in completion wells lumpier term.
It's sales to totals last XXXX which been XXXX, approximately contribution as sales a prior rigs. we the pad spud compressed are being is production more it XX the new more Permian declined acreage, production short estimate for TPL to to XXXX, turned this in and not of right gross XX to is that compared months to XX overall net approximately XXXX today,
represents our acreage new XXXX both net for elevated In and is activity quarter permit new addition, on as gross a third permits a record on basis.
believe permits, development of permit sales and natural and supportive converting in oil broadly. currently wells backlog we and With to for gas fundamentals inventory, a TPL the those prices, to Permian underpin aggregate of what levels and strong new of royalty timing high constructive backdrop acreage more accelerated development ongoing be completed on
any prices can schedules shown through and well Of evolve. succeed can as environment. we've is before, commodity development to But course, change TPL positioned almost
submit Meeting want you assistance, to turn shareholders to I next on website Chris. encourage Investor be its and to wanted call also remarks, in If my our and XXXX will I needs can mention please TPL to the over materials, I'll website votes. to review anyone week, to reach SEC concluding that, which Relations.
With Dallas. that out find remind any the proxy on and Before Annual the hosting
