“And I would say our internal plans this year and going into next are very consistent with our long-term outlook on production out of the Permian and the Lower 48.”

In context

“d when they decide to build another train at that facility. Operator: Our next question on line comes from Ryan Todd from Piper Sandler. Ryan Todd: Maybe a follow-up on one of your earlier comments. In the Permian, it sounds like you're saying that at least for now, the plan for 2023 would be largely keep activity levels flat with the second half of 2022. If that's the case, any early thoughts on what the trajectory would be for Permian volumes during 2023? And maybe are you seeing any -- is it just a pricing issue? Or are you seeing tightness in the basin that's challenging your ability to execute anything that you'd like to? Jack Harper: Yes, Ryan, we're very happy with our execution out there and feel that it's prudent right now to keep a steady amount of activity going into next year. And I would say our internal plans this year and going into next are very consistent with our long-term outlook on production out of the Permian and the Lower 48. Ryan Todd: Great. And then maybe just a follow-up on the cash returns. I mean, your position on the dividend has always seemed a little more reflective of your view on sustainability of the longer-term outlook. Given the sizable dividend increase, can you talk a little bit about maybe the read-through of your outlook on commodity sustainability longer term? Is this -- has your longer-term view improved and is that reflected in a nice uptick in the dividend? Ryan Lance: Yes, Ryan, I think we'll get a chance to talk more about that in our analyst meeting that we have that we talked about early in the spring of next year. But yes, basically, it's a longer-term view, given the dynamics that are going on in the market today. We've had a certain mid-cycle price that we've talked about over the”