EnCana expands coalbed methane development

Dec. 12, 2003
EnCana Corp., Calgary, announced a $90 million budget for its 2004 coalbed methane (CBM) development on its 700,000 acres of 100% owned lands in southern Alberta.

By OGJ editors
HOUSTON, Dec. 12 --EnCana Corp., Calgary, announced a $90 million budget for its 2004 coalbed methane (CBM) development on its 700,000 acres of 100% owned lands in southern Alberta.

These properties are estimated to contain more than 2 tcf of natural gas resources from coal. Over the next 5 years, EnCana expects to increase natural gas production from coal seams to more than 200 MMcfd.

"Typical of EnCana's other large resource plays, CBM lands could potentially yield several hundred million cubic feet per day of long-life gas production," said Randy Eresman, EnCana's chief operating officer.