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The San Juan is a new light sweet oil play located in northwest New Mexico. The primary formation targets in the basin are the Gallup and Mancos silt. Encana has established a significant land position and is currently the dominant operator in the play. Encana continues to reduce well costs and grow its oil production in this play.
Encana will continue to advance efficient commercial development in this play and estimates drilling between 45-50 net wells in 2014.