EnCana Corporation (ECA) reported its second quarter of 2010 earnings and updated investors on the company’s activities in the Haynesville Shale. The company has 435,000 net acres in the Haynesville Shale play spread across Louisiana and Texas.
EnCana Corporation reported the following average daily production over the last six quarters from its Haynesville Shale properties.
Second Quarter of 2010 - 269 million cubic feet equivalent per day
First Quarter of 2010 - 194
Fourth Quarter of 2009 - 122
Third Quarter of 2009 - 83
Second Quarter of 2009 - 54
First Quarter of 2009 - 25
EnCana Corporation reported the following drilling activity in the Haynesville Shale over the last six quarters.
Second Quarter of 2010 - 21 net wells
First Quarter of 2010 - 20
Fourth Quarter of 2009 - 18
Third Quarter of 2009 - 11
Second Quarter of 2009 - 11
First Quarter of 2009 – 9
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