Canadian exploration and production company Encana is ending the year with a flurry of drilling permit filings in Texas, where its two-shale basin strategy continues to play out.
Over the past month, Encana has filed for 43 drilling permits with the Railroad Commission, the state agency that regulates the oil and natural gas industry.
Encana is seeking to drill 32 horizontal wells targeting the prolific Spraberry field in the Permian Basin of West Texas and eight targeting the Eagle Ford Shale and Austin Chalk in South Texas. The company is also seeking to reclassify three vertical wells in the Permian Basin.
The company has filed 183 drilling permits so far this year, with more than 80 percent of them filed for projects in the Permian Basin and the rest in the Eagle Ford’s Karnes County.
Karnes County wells make up a large share of Encana’s production in Texas. The company’s Karnes County wells accounted for more than one-fourth of the 40.5 million barrels of crude oil produced in Texas during 2018 and more than one-third of the 104.7 billion cubic feet of natural gas produced.
Permian Basin
Houston exploration and production company Callon Petroleum filed a flurry of drilling permits ahead of its Dec. 20 vote to merge with Houston-based Carrizo Oil & Gas. Callon plans to drill six horizontal wells targeting the Phantom field of the Wolfcamp formation in Ward County and another 11 wells targeting the Spraberry field in Howard and Midland counties.
Eagle Ford Shale
Houston oil company Sanchez…
Source: FuelFix
