Natural gas: domestically abundant and available to meet North America's energy needs.
We are among the largest natural gas companies in North America. Focused on natural gas exploration and the development of resource plays, we have a diversified portfolio of assets and hold a highly competitive land and resource position in a number of North America's most promising shale and tight gas resource plays.
Our prolific gas resource plays include:With approximately 15.6 million net acres of land, 12.4 trillion cubic feet equivalent of proved gas reserves and 3.0 billion cubic feet per day of natural gas production, we will continue to be a leader in North American gas production. Over the next five years, we are targeting a compound annual production rate of between nine and 12 percent.
EnCana coined the term resource play, now widely used by the industry to describe unconventional natural gas and oil development.