M&A And Business IntegrationCRGY continues to build a strong track record in M&A and business integration, marked by an increased SBOW synergy capture target, improved capex guidance and a material reduction in operating costs.
Market Position And GrowthRecent acquisitions have positioned CRGY as one of the top 3 operators in the basin along with EOG and COP, in terms of production and net acres.
Operational EfficiencyOperational efficiencies and synergies have accounted for a 10% improvement in Eagle Ford well costs; drilling and completion efficiencies have reduced well costs by about 10%.