Question-and-Answer Session
Operator
Thank you. (Operator Instructions). We'll go now to Scott Hanold of RBC Capital Markets.
Scott Hanold - RBC Capital Markets
Good morning.
Harold Korell
Good morning, Han.
Scott Hanold - RBC Capital Markets
When -- if we look at that impairment of $900 million, could you give a little bit of color on that, talk about, was it some of the parts that were impaired or was it more of a tail?
Harold Korell
Just a general comment, its part of the forecast pool. But, your part joy (ph) is going to have, because they have capital against them, or else going to have worse economics than CEPs. So on the reserve side, abd kind of cuts over there have been our first part of (inaudible) remember the impairments have full-cost pools so there's a lot of things to go and do.
Scott Hanold - RBC Capital Markets
Okay, okay, thanks. I appreciate the color. And I guess for my second question, you guys obviously trimmed the CapEx budget. But it's showing just tremendous growth and it looks like productivity is a key driver here. How do you kind of think about production growth and gas is staying around the three to $4 level; I know some of your peers have curtailed productive rates in individual wells, is that something else would consider kind of how do you think about it?
Harold Korell
Well, on first place to begin and that is how do we feel about producing at higher rates and lower prices? It feels like producing more and enjoying it less. We'd like to see prices higher but on the other hand, we are fortunate that we are experiencing improvements we are in our active region, the Fayetteville Shale. So, the growth is a good thing. Steve, you may want to make more...
Steven Mueller
Yeah, I think there is two parts of that. A part was, what about curtailing or something to so with production. We've kind of come to the conclusion working through our economics tat if you are going to drill a well you need to put on production. So, it's really a decision about drilling wells or not. And that was part of the reason that we cut $100 million out of our capital budget.
The other part of this, just to remind everyone, a lot of what we're doing is still just like it has been from day one Fayetteville is learning (ph) and we've got a lot to learn this year. And so, when we put our budget together, it wasn't about growth rate. It was what did we need to learn the sales goes up for the future. And that's really what we're trying to do.
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