- Tight Gas & Oil
- Gas Hydrates
Encana sells 51,000 acres in Colorado’s D-J Basin while continuing to focus on core assets in the U.S. and Canada and giving investors a discount entry point to the Permian and Eagle Ford.
Bill Barrett improves its liquidity with the deal and also announces plans to reduce capex, idle a rig and enjoy robust oil and gas hedges while still growing production.
E&Ps in the Bakken, Eagle Ford and Permian have made strides in well completion efficiencies and costs. Though, even with increased recoveries, opening up production at low prices sits poorly with the industry.