Thanks, Bart.
quarter to teams I for on through give Bart focus to call. want take results, our the results with work year. the financial incredible on reliability to opportunity and to thanks Before their the strong throughout third drive execution opened safety, continues the going The tireless that
LOE quarter, In and and per leading BOE capital terms line costs of under expense with right $XXX of BOE. capital expectations, $X.XX the of with peer G&A in our all-in million, costs were under just third per investments $X.XX
day. approximately per For production, XX,XXX and we day per of barrels XXX,XXX oil average BOE
XX which quarter. Wattenberg mentioned June. line in each In continue quarterly to updated the we lines interest turned we provided came spuds in and wells, to revenue to completion in crew, led drilling which net clarification in a one one to received press night, higher in in October, release, early Wattenberg, last due ranges, and XX run which we our turn these for relating in we of As rig our late XX than September
next year more mile range had SRL program a on shifts quarter five this we reminder, the due than be more quarter, Look the for information remainder lines year. I’ll we slide. crew early as the around XX and for typical some turn with had the As of provide in turn two XX we quarter to in our in down MRL in bit on second made future line in in wells turned the laid the emphasis of per the to frac we an lines for in our more and Delaware our But to late spuds the spacing quarter. completion laterals. a zero
nearly in the referenced attributed we basin You $XX million non-op see, large call. the projects in million to third $XX our invested quarter in last we can with
the flat non-op quarter, modest capital be relatively the third fourth with the for to to As and quarter, we companywide. the less to Delaware oil very activity production similar increase expect
service providers with begin internal and in Finally, process process. budget our are terms currently XXXX, bid in of we our our
year XX% to but back to $XX to creep, eye our gas. X% and of for August messaged reiterate in some we recall, oil at giving $X call. cost you expect close cost want our keeping are we this As view I time, and approximately anticipated pricing At on inflation next a things,
X, to want Slide in Delaware. to minutes program our a spend spacing on few I relaxed Moving
was at and XXXX These wells in of not we see turned-in-line was this, industry, underwhelming data bit sub-optimal spacing September, XXXX, of late mentioned spacing completed non-op slide. at the bottom peer completion right drilled section per An you halted mid-XXXX production this as equivalent. XX year, wells a until hand As the in resumed suggested of our our program needed. the result XX wells activity example but onset can as for COVID. primarily that and a more averaged were XXXX program early standpoint, relaxed design we was When of side a to
distance a also As are relaxed distance between the incredible you B. when can equivalent spacing especially wells, diagrams, two Wolfcamp clearly and has on half-section parent new – see, basis, wells increased I’m which comparing new sorry, wells wells in between the and two between
section, While obviously productivity this on economics leads target do well per per per wells a and zone basis. we to increased expect reduced and
and began to we seven-year spacing. we inventory, five the – that a in anticipate new would range of the reduction, year assuming anticipate terms a slightly In
the C that Spring the bit and current upside Bone However, prices, a Wolfcamp offer at number. of to
get our we once annual this all inventory analysis. articulate through year-end will We
has wide the positive We workover on optimizing and team month, the outs, several are completed done performed of production. installed a very a projects all time of clean results. Over tremendous early ESPs which handful field job several past wells, showing
fourth for quarter the to make optimization to up we expected we permitting Shifting third expect levels to production While X. Delaware the Colorado don’t back these project production have shortfall, Slide to the on our we quarter slide midyear. projects
the our status permitting efforts our see state. can with You of
OGDP we Kenosha proud have of just back We and the week quarter contributed approval the application, various stage the get last of the are year. the year mentioned, are the Bart first that short incredibly on submittal As have the hopeful the next a a of but state heard work hearing in items to the OGDP. throughout from have through would through done late teams to and to and Kenosha more timeframe our order completeness expect Spinney in few work
track cap is to on the submitted in Finally, timeframe. year-end be still our
frequently turn COGCC, this the about current County extensive and approval DUC Weld projected and XXXX the count good and it asset Meyers. to officials On communities work feel Our regarding will we local team permit into incredible to with over timeframe, real project With be communicated is carry where our the us has which proven we stand. an Scott COGCC has as I new that process. and to through operators
