Text Size:
A | A

Encana Drills Deep In Search Of High-Return Liquids

Text Size: A | A
By Andrei Sardo, Hart Energy
March 21, 2014

In January 2014, Encana Corp.’s (NYSE: ECA) corporate guidance restated its commitment to developing its liquids-rich assets, allocating a record $1.875 billion toward developing five core growth areas--the Denver-Julesburg and San Juan Basins, and the Duvernay, Montney and Tuscaloosa Marine (TMS) Shales. Of the capital directed at these areas, a combined $450 million (24%) was earmarked for two of North America’s most promising emerging liquids plays. Encana anticipates investing $300 million in the Duvernay, which is slated to contribute liquids production this year, and $150 million in the TMS, which ...

Already a subscriber? Log In
Does your company have a site license? Inquire here
Already a print subscriber? Upgrade your magazine subscription