to good takeaway role at an in into the my summary, for of of development a reducing Seneca. the like working outlook I'd and a benefits decades place group bright. start everyone. National Dave, Fuel's by leadership of Seneca are couldn't In operations. aligned the sustainability morning, is President attractive economic integration and other of portfolio expressing inventory, better Thanks, are of we capacity for with to and environmental foundation. subsidiaries, employees, best-in-class targets and step a towards our providing excitement Seneca firm impact organization environmental around the be Further, Seneca's with
Bcfe, second Seneca development the Moving growth our completed by ongoing as on last well acquisition results summer quarter. to Appalachian record increased driven from as volumes produced dilating XX.X company program. a from and the solid production
the During Western in our online XX brought new area. development Pennsylvania, wells quarter, were which we all in of
allowing during recent ahead This us to production. second winter Our increased online operations production months, capturing great the team schedule, of job premium turning did accelerate few a a these wells quarter pricing. winter our weeks
pad online with scheduled planned, year However, balance expect in as fiscal 'XX. late over X of we the only the come to new modestly declining volumes and
drilled in wells, also EDA. WDA, the we XX quarter, During the the in XX X new
expected the South due of And mentioned. activity we fiscal heavier XXXX, completion forecasting second expect to the just season, to we the year line half approach of operations. As the until winter plan our date delay wells increased turning new to to we coinciding Leidy in capacity. capital, of are for these to early heating and online with new respect completion accelerate With most date our that we be in-service the the I
range capital unchanged. guidance However, is our
in we from per also with Of of $X.XX increased the and Appalachia. have to We year, XX% development dropping acquisition decrease per ongoing continue over scale, Mcfe, XX% the unit G&A a expenses year. expense, benefits significant roughly the our operating realized by cash driven see note decrease past to our a in dropping prior
experienced we into do few with on over to this and costs, at have As in conversations mostly we past our meaningful the limited And not tubulars. suppliers. inflation point, XXXX service based anticipate cost contractors months, increases
County, In time where in particularly to pad. our last XX% Utica drilling addition, compared by operational to efficiencies, strides team improving operations continue our in make we our Tract has cut XXX Tioga
benefits our these development locations Given Tioga expect years for come. highly realize in efficiencies and County inventory we to development the plans, economic of to of significant long-term
pricing fiscal although very front, marketing hedged division volatile, well year, the relatively of production of in and balance our has East the the XX% physically On with Seneca for locked gas been is financially.
protection. sales basis providing firm have also We
I midstream Seneca's TGPXXX Tioga production to the system. all another acquired our recently It's out the less of of our forecasted together Zone gas a That of gathering Empire markets spot gas as recent point move NFG production, with about the an to than versus the can project, pricing. system X already leaves Tying premium business. Bcf is we increased Dominion This significantly sold. small and want also So to has great flexibility value company, integrated example gathering relatively amount Covington market. in, to completed. sister exposed a capture in-basin XX significant more weaker XX%
and we exports swaps potential maintained out, place look free gas and up. Bcf NYMEX XXX approach have a natural long-term XXXX. significant with further costless hedging on provides inventories. both With of for and in to storage Seneca our to all-time we all-time protection, collars highs, firm cash additional should bit This year fixed Mexico year the fiscal As but price near have flow already disciplined and move downside we exports highs sales, below last remain generate constructive near levels prices. Overall, X LNG prices leaves
further continued factors, expect natural with discipline producers to in the strengthening of script together gas We by capital and beyond. these to XXXX lead
for a throughout for Dave up and in-service development of each additional long-term remain on for areas. will outlet This South capacity valuable from XXXX. date. mentioned, provide late growth core complete, a production And further As once both calendar FMXXX its fiscal XXXX sets Leidy us production Seneca's track
into the maintenance strong mode. expects sales realized firm would absent capacity prices, enter shift in long-term low-growth to that result to Seneca a firm to or production into Thereafter, ability additional
on when flows continue cash the will combined wholly gathering focus to company's with Our owned of generating especially significant assets. cash flow, be the free
to Moving the regulatory front.
Seneca's has in think on to not been based recent it's regulatory legislative we operations do are utilize And closely extraction, any our some that significant to California landscape, impact California note and there thus, pronouncements to recent the expect and while oil production fracking. we developments. related do monitoring important these operations While I not
to place business. has conduct can the a California case, As be regulatory long been challenging
to strong navigate regulatory returns and case. our on successfully However, oil-producing to that been we a the have generating anticipate remain environment, assets while able changing
million $XX few expect capital oil range the in $XX the absent over our next We strip. levels increases California million longer-term in the annual in will be years, further to
use. Midway we to for continues footprint. operations California have in and Seneca we look the electricity an in Additionally, with what well positioned emitting reduce turn I'll North which present, opportunities Midway most invest online to and ESG. And shale our our production are of Sunset are be at the upstream U.S., operations to centered facilities Karen. our to South And facilities already it provide to lowest solar about field our at Appalachian that, XX% field in another will we our in basin in carbon Sunset, consider gas And Bakersfield constructing on power our would office. natural facility leader with to At solar be to over
