Dan. Thanks, right. All
our of So fourth up for let's oil day production day, Upstream averaged talk the versus now quarter. barrels quarter XXXX. but barrels quarter down day of XXX,XXX for results the per versus first equivalent about per XX,XXX quarter the operating XXXX, per which XX,XXX is the barrels
per versus absence Now if of are XTO day. the and we volumes you XTO sale XX,XXX adjust first of actually XXXX, the quarter the barrels of for up
seasonal a the The quarter quarter really just of weather being first production winter the typically factor the quarter a XXXX is lower due conditions. with fourth drop versus to
driven winter large However, in weather.
This part significant the we In versus increase of the first at increase crude as when in versus come cold the procedures. a of of extreme operating note was experienced revised performance quarter, we Kearl is by saw prices implemented from quarter production we XXXX quarter successfully fourth down XXXX. issues improved
saw overall integrated helped differentials I slight would an refining environment, bitumen realizations differential WTI/WCS note narrowing offset to mid-cycle think we wider highlights a also we in quarter-over-quarter. the upstream.
And were our continue of the of that margin above which to model. although And the I also that crude value clearly see down
which let's per talk move day was Kearl the XXX,XXX XXXX, of now about Kearl's versus barrels the XXXX. in barrels but gross, XX,XXX barrels down first first quarter and quarter quarter day of fourth XX,XXX per more on per averaged up specifically. the So day from production
the history, another the record highest asset's quarter for in This us. represents production first
achieving Our steps year. we developed year sensors, the on the XXXX. performance heels barrels performance per the ever enhanced our confidence XXX,XXX XXX,XXX which in in best of in many severe was sustainability quarter from and after of event and first at best second half at of which operating strong off. comes first in last and quarter for Kearl winter was have that best day XXXX.
This reaffirms our record Kearl in of XXXX, day barrels result This took the the first large We paid learned we per ever implemented of demonstrates previous quarter part saw issues in of the a weather certainly
also would It per out and mid-June XX,XXX point Kearl an planned start annualized second our day scheduled that we gross. impact of annual quarter. turnaround run is through have the mid-May at around in have in and I to expected barrels
per saw turning the to of We barrel. fourth barrel Finally, just USD to quarter almost cash versus under USD per costs. XX a X operating decrease
discipline first improved cost reflective almost barrel to as well the reliability USD the per XXXX, XX year-over-year is of our continued of our than This structure. lower quarter as improve
converted least target to staffed relative first reduction Kearl, driverless unit fully part XX% to second autonomous, boiler year started on initiatives with we units operating A And to working of are to XX plan XX the active operating been be unit part sustainable the effort sands but also or are remaining the this fully technology, end autonomous, X cost in USD benefits our at haul mining third unit this safety, by our reduce of costs structural efforts of converted complete successfully have XXX X for cash focus and as to trucks only to of our to number haul key result we below upside are we around and and cash this does barrel out gas oil a to the expect meaning area $X mine of cost we of starting convert Caterpillar quarter.
Not is our our barrel XX we trucks At to remaining productivity emissions per in now autonomous XX we at Scope see up continue to our Kearl. we the at technology. flu Kearl, at potential the also improvements on, at see XX% operator, Kearl. per trucks. expected Given have cost up
the year exhaust. per by to tons all greenhouse recovering gas emissions they up heat XXX,XXX are potential the up to reduce have running, waste and boilers Once will X from by
Lake Cold very perform continues well also. to
marks provided the or to the which is above barrels around consecutive The day per X,XXX per day. quarter plant, a at well barrels XXX,XXX the prior the we of XXX,XXX First to barrels barrels quarter per sixth quarter volume of The the XXX,XXX was the consistent production per for place per XXXX, have year day. Cold planned an both annual turnaround quarter impact XXX,XXX essentially of and day reflects quarter Nabiye guidance Lake's XXX,XXX as third of scheduled with and barrels it's take at versus flat in first guidance as annualized day.
through pairs injection And the accelerated now a about finished and complete, total XX% talked expected well progress of is steam continues of year. working we against of XX quarter. finally, last X have this start-up Grand line Construction with are drilling Phase well those we wells Rapids later and now completions to time
planned Syncrude which lower XX,XXX with was well maintenance line but due in barrels first per as the which of quarter the to XXXX, share unplanned day some last quarter turnaround, than as to March. XX,XXX earlier start started late the day, barrels for Imperial the in production quarter fourth roughly of an per averaged of year coker
the barrels impact The X,XXX unplanned continued of from day maintenance. the helping export volume through the expected sales value impact per run of current an turnaround imported day. X,XXX planned The provide turnaround benefits pipeline SSP X,XXX during have to annualized additional production will to enabling day operation, offset the of is per also of to and the add interconnect quarter in May and barrels This of as an bitumen, well. end volume barrels per
downstream. talk Now let's move the and about on
our year barrels In This expected full planned refined turnaround This the was a per barrels an of versus run The an the which day have up the XX% per barrels large which XXXX, day, year, a first XX,XXX XX%. to quarter turnaround of year accounts quarter day. and XX,XXX is the level meet XX% to this Strathcona, per April at of down annualized year reflecting guidance average XXX,XXX strong versus us planned we to start fourth X full typical to guidance day is late barrels positions through quarter, utilization but of well per of X,XXX for of utilization. May. started on a including more expected to activity impact first
per It's quarter of network This product which barrels stated the noting high XXXX were the all in XXXX. our assets. refineries is adjusted versus efforts given of these X,XXX of capacity to barrels ongoing day half first the of XXXX, of up at XX,XXX by up maximize worth second per that fourth our continue and have sales levels over in especially or day Petroleum per the down barrels the also our day the X,XXX the little refining year, quarter to capabilities day, per we barrels X%. the of a of quarter increase reflects XXX,XXX versus utilization
XXXX The fourth Jet is fluctuations are reflective steady XX% levels. at XX% and And decrease to Imperial's jet continues of sales diesel typical versus of average industry demand to fuel XXXX levels. have recovery around quarter recovery. demand and gasoline demand for a show above and with products stable the remain exceeded motor all demand
of favorable downstream with first above a versus the diesel remained part and margins our While seen business. norms, of norms gasoline at strong, softening seasonal we XXXX, seasonal margins for downstream quarter margins very some providing market have latter margins
downstream will the logistics Chemicals. This improved refinery utilization successfully our capability allow own we increased will that us on capture from our terminal, at for our And to to refineries. diesel us quarter, purchases diesel final diesel back is business. added and good brings optimized that a the which of example downstream support note margin out rail supply in by A instead Dartmouth and
fourth $XX slightly results first the business Earnings having million, of quarter value $XX refinery. quarter to Sarnia deliver in in in and cycle, continues the the in a quarter point fully strong the is XXXX advantaged This this integrated $XX up lower with of highlighting XXXX. down which being the first were million of business million versus from the business despite our
line our member capture on Before I highlight now storage up, for continue Pathways sands oil other we, the includes to companies network With XX of respect connect alliance, to the critical awarding moved The engineering more I'll project's hub. which to to the this wrap note. the of contract design detailed one the stage, item with facilities an has prioritize other along develop carbon proposed and plans to progress the project. storage carbon to than trunk proposed
in will done stage to The work application later year. expected being a this this regulatory filed be support
formation have evaluation been characteristics support further been addition, have In test wells results geological drilled X positive. the of of storage to the the and
its our of climate country remains reconciliation and a meet produced begun Canada communities preferred plan our supplier in are help encouraging to with economic these also and to to and responsibly very We've working together bring committed goals global oil. long-term milestone to indigenous communities. for engagement is a progress generational This marks progress prosperity our to efforts major ensure
quarter. what It another wrap for strong up is well what looking they very by are and for for highlighting certainly I'll them. we're looking as
strong supporting start Our to high of assets at levels and year. very perform reliability, continue a to well the
higher and and to executing than level in work we we of we on will focused second planned quarter of the this As we second budget. be and on the have did activity turn time quarter, XXXX, safely a turnaround on
shareholder optimization out debottlenecking existing and getting asset focused the superior most opportunities delivering on Through of shareholder value. strategy through of XXXX, by remain our base and value our maximizing we will
reduction and pragmatic will focus and We make sustainability way. progress a towards our to continue on carbon in goals thoughtful
key our while approaching the communities as Phase capital As will such Strathcona return cash always, our needs project we responding our the we to about of at transition we it Grand value our role as a a changing we our and our to shareholders. projects our thoughtful the execute efficiently renewable talked we time, existing excess X. same Investor ensures investments society.
And our disciplined continue customers, way of look very as And to in are bring business we and will Day, the and Rapids preserve energy to at in to focus that diesel
plans feel continue to tremendous I When on quality about our nature, superior this well drive of of as focus maximizing on to the our opportunities the shareholder think confidence deliver I of have advantage assets, value. as a our in we the our select our competitive ability to high-return amount growth benefits integrated and brings
to like interest now continued your and to move support. I'd always, once As session. for again we'll Q&A you thank And the
Dave. back pass I'll So Thank it to you.
