Encana Updates Horn River, LNG Operations

摘要

EnCana Corporation (Encana) said the Horn River Basin, first discovered by them in 2003, holds "approximately 500 tcf (trillion cubic feet, 14.2 trillion cubic meters) of natural gas plays," during their Oct. 4 Horn River update call. "The resource base in the Horn River is enormous, highly accessible and will certainly play a key role in North American and even global gas supply in the years to come," said Kevin Smith, vice president of the Fort Nelson business unit. By 2015, he says, output could reach 2 billion cubic feet per day (bcf/d) and 5 bcf/d by 2020. According to the Encana executive vice president and president of the Canadian foothills division Michael Graham, Encana is targeting production of about 95-million cubic feet a day from the basin this year.