“This next pad is 104, 104 West A as we refer to it. It's smaller than 267 and we plan to start drilling here next year on that pad, and we're expecting first oil in 2026.”

In context

“ere in Canada. And now being on the other side of that turnaround, having it behind us, we are seeing full run rates now of Pad 267, and that just continues to come in really very strong. In fact, the ramp-up coming out of the turnaround was very strong, came on line a bit faster than we originally predicted, and so of course, always pleased to see that. And as you've heard from me before, we do, in fact, intend to begin adding new pads even after Pad 267. That was the first pad to resume after the first two commissioning sequences of Surmont. And so now that we've restarted those, sustaining those development pad manufacturing program, you can expect we'll add a new pad about every 12 to 18 months. I mean, that's a pretty fair average assumption going forward over the next 5 to 10 years. This next pad is 104, 104 West A as we refer to it. It's smaller than 267 and we plan to start drilling here next year on that pad, and we're expecting first oil in 2026. So certainly, as we continue to progress the SEO on future pads, I'll keep you all abreast into that. Operator: Our next question comes from Paul Cheng with Scotiabank. Paul Cheng : Maybe this is for Ryan or Nick. You are already close to about 800,000 barrel per day in Permian. You have a lot of assets. But from the best capital allocation or an efficient use of capital, what kind of petrol rate we should assume for Permian in your operation? And when do you think you may be able to achieve it? And also along the line, if you can give us a little bit of the maybe insight how's the supply -- when the supply cost look like for 2025 versus 2024? Nick Olds : Yes, Paul, this is Nick. On the plateau question, maybe just take the whole group back to just the inventory that we have in the Permia”