Encana’s new strategy focuses on profitable growth from five high return liquids rich and oil assets.
The Haynesville shale is a resource play primarily located in Louisiana. The focus is on maximizing gas recovery in the Haynesville and Mid-Bossier horizons. Encana has developed the lands using a multi-well pad approach in key areas.
In 2012, Encana drilled approximately 17 net wells in the area. At December 31, 2012, Encana controlled approximately 131,000 gross undeveloped acres (84,000 net acres), with the majority of the leaseholds in north Louisiana being located in the DeSoto and Red River parishes.
In 2012, Encana secured the regulatory approval of cross unit lateral wells, enabling horizontal wells with lengths of approximately 7,500 feet. Encana has current processing capacity in Haynesville of approximately 720 MMcf/d under commitments with remaining terms of up to 9 years.
|Natural Gas (MMcf/d)||Oil & NGLs (Mbbls/d)|
Prior to 2012 production was reported as MMcfe/d which included production for both natural gas as well as oil and natural gas liquids.
1Key resource play areas were realigned in 2011 with 2010 comparative information restated.