“If you look ahead to 2026, we expect consistent strong performance across all of our basins like we've demonstrated over the past several years.”

In context

“ontinuously optimizing our development strategies and adjusting spacing and stacking. And then, of course, you could depending on where you're drilling in North Delaware or Southern Delaware, you have a little bit of mix driving that just due to the vast deep broad portfolio. Now pivoting to the Eagle Ford our 2025 oil productivity per foot was up another 7% and that's off a very strong program in 2024. And, we're a clear leader in the Eagle Ford, and we have the lion's share of remaining tier one inventory and have had strong well results of any operator. Now in the Eagle Ford, you know, we brought in the Marathon we've integrated that together. Teams continue to optimize completion designs using diverters to improve recovery. And we're seeing those in the results that you had mentioned. If you look ahead to 2026, we expect consistent strong performance across all of our basins like we've demonstrated over the past several years. And this is a key driver in our ability to deliver low single-digit growth in the Lower 48 alongside a reduction of more than 5% in capital compared to 2025. Liz: Our next question comes from Doug Leggett from Wolfe Research. Your line is now open. Doug Leggett: Thanks. Good morning. I think it's good afternoon, everybody, I should say. I apologize. I'm in Europe, so I don't know what the heck time is. Guys, I wanted to go back to Ryan's comment about the breakeven trajectory. Getting to the low thirties by 2030. I'm trying to understand a little bit about what the moving parts are. Where is it today and what is the assumption in where CapEx is from the $12 billion this year in 2030 that gets you to that number, please? Thank you. Ryan Lance: Morning, Doug or afternoon, Doug or evening, D”