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SPE.org 

After a long cooling off period, this dry-gas shale play is once again red hot. The state-owned firm is looking within its home country, around Southeast Asia, and to the Americas—including shale—in an effort to maintain its forecast average yearly production of 1.7 million BOE/D over the next 5 years. Encana CEO Doug Suttles assures that shale executives are acutely aware of the parent-child well challenge, and he doesn’t think it’s “a big threat” to the sector. The US majors plan to produce around 1 million BOE/D each from the basin, which has become a primary focus of their upstream operations. This industry is one often considered reactive and overly tradition-bound.

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  Industry: Energy > Oil & Gas > Upstream (1.00)
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