Brendan McCracken: Yes. No, I appreciate it. Yes, we are excited about what we are seeing in the Uinta. And remember, the last 2 years, what we’ve worked hard to do is demonstrate well performance at cube development spacing and then unlock that market access to the Gulf Coast. And so we made great progress on both those fronts. We are now railing to the Gulf, some 30% to 40% of our total into volumes. And with the 2 rigs running there, we are going to see a big production ramp in the Uinta through the back half of the year. So that rail infrastructure is low cost and scalable. And so that will afford us to be able to have higher Uinta production volumes through the back part of this year and into 2024, depending on how we set capital in ’24.
Joshua Silverstein: Got it. Thanks.
Brendan McCracken: Yes, great. Thanks, Josh.
Operator: Your next question will come from Doug Leggate at Bank of America. Please go ahead.
Unidentified Analyst: Good morning. This is John [indiscernible] on for Doug Leggate. Our questions really are on the Anadarko Basin. First of all, with the reduction of activity, what would you have to see in terms of prices to bring activity back there to that basin?
Brendan McCracken: Hey, John. Yes, good morning. On the Anadarko, really our team has done just an incredible job here. The focus on innovation has resulted in a substantial shallowing of our base decline to 20%. And that creates a ton of value for us means that it’s set to be our highest free cash flow generator in the portfolio. And the recent wells that the team had brought on stream in the first half of the year have been really strong performers. I mentioned earlier, we’ve been using the same completion design optimizations in the other assets as the Permian, and that’s the same here in the Anadarko. So we are encouraged by the underlying asset performance. And — but really with the gas and NGL fundamentals that we saw coming into the second half of the year is really why we chose to rotate capital out of there for the time being.
And so with the stronger gas and NGL fundamental into ’24, particularly later in ’24 once we see the start up of some incremental LNG pull off the Gulf Coast, that could be the signal that brings capital back into the Anadarko brings the rigs back there. So I think we’ll just watch for it. I’m not sure there’s a specific price toggle one way or the other because it’s always going to depend a little bit on cost structure as well. And the team has been really working hard on initiatives to reduce D&C costs and increased cycle times in the Anadarko as well. So I think it’s a little bit of a combination of those things, but for the big things we want to see a more healthy supply and demand balance on the gas side and the NGL side.
Unidentified Analyst: That’s very helpful. And just as a quick follow-up on the Anadarko. Just given the improvements in the underlying declines and productivity that you’re seeing. How long do you think you can actually do that for in terms of holding? How many years of inventory, how long do you think you can actually hold that flat potentially if you wanted to?
Brendan McCracken: Yes. So the Anadarko, the fantastic piece there is we’ve got a deep, high-quality inventory in that play as well. And really, we see over a decade of drilling inventory to hold that asset flat should we choose to allocate the capital there to do that.
Unidentified Analyst: All right. Thank you very much.
Brendan McCracken: Thanks, John.
Operator: Your next question will come from Umang Choudhary at Goldman Sachs. Please go ahead.
