“And so here by year end, we'll have 90% to 95% of that work sourced and that brings even more certainty just to understanding how this will continue to play out for us in a positive way.”

In context

“that operation center pad. So those modules that we see lifted up there here last year, those are now set on the pad. We opened our Willow construction camp and that becomes important because it allows us to begin construction work on the North Slope a bit more throughout the year as opposed to being completely confined to the winter season. And then outside of Alaska, engineering fabrication on our processing modules that continues to go well. And then of course key for us here this year being our second major season on this project is procurement activities and sourcing activities. And so we do expect to source and receive a bulk of the engineered equipment that's required to procure again for those process modules and as well as all this forward-looking work that we have on the slope. And so here by year end, we'll have 90% to 95% of that work sourced and that brings even more certainty just to understanding how this will continue to play out for us in a positive way. So again, peak capital, we guided you a bit to about a third of total spend here. This year will be in the first three to four months of this year. We're seeing that actualize for us and so we expect capital to continue to taper down through the remainder of the year. Operator: Our next question comes from Lloyd Byrne with Jefferies. Lloyd Byrne: Bill, congratulations and thank you for all your help over the years. Ryan, you talked a lot about what separates Conoco and the advantages you have going forward, including all the free cash you have coming. So would you use your balance sheet and your asset sales and lean in a little bit on going above that 45% return to shareholders going forward? Ryan Lance: Well, I think, Lloyd, I was trying to guide to sort of the 45% feels about right for”