Encana – wikipedia gas 47 cents


Encana has a land position in Canada of 1.764 million net acres, of which about 1.198 million net acres are undeveloped. [2] Encana’s assets in Canada are in the Montney Formation, where it has a partnership with Mitsubishi electricity questions and answers physics to develop Cutbank Ridge, the Duvernay Formation, Wheatland County, Alberta, the Horn River Formation, and at Deep Panuke offshore Nova Scotia, which ceased production in 2018. [2] [5]

In spring 2008, residents from Pavillion, Wyoming, approached the United States Environmental Protection Agency (EPA) about changes in water quality from their domestic wells. Encana was the primary natural gas producer in the area. In 2009, the EPA announced that it had found hydrocarbon electricity transmission contaminants in residents’ drinking water wells. [14]

In December 2012, Encana announced a US$2.1 billion joint venture with state-owned, Beijing-based PetroChina through which PetroChina received a 49.9% stake in Encana’s Duvernay Formation acreage in Alberta. This was in line with the rules that favor minority stakes over takeovers since Prime Minister Stephen Harper’s December 7, 2012 prohibition of purchases by state-owned enterprises seeking gas variables pogil answers to invest in Canadian oil sands. [22] [23]

In November 2013, the company announced layoffs of 20% of its employees, closure of its office in Plano, Texas, and plans to sell assets and to found a separate company for its mineral rights and royalty interests across southern Alberta. [24] It planned to invest 75% of its 2014 capital budget into 5 projects: Projects in the Montney Formation and the Duvernay Formation in Alberta, the San Juan Basin in New Mexico, Louisiana’s Tuscaloosa Marine Shale, and the Denver-Julesburg Basin (DJ Basin) in northeast gas up the jet Colorado, Wyoming, and Nebraska. [24]

From 2008 through 2010, Encana accumulated 250,000 net acres in the Collingwood- Utica Shale gas play in the Middle Ordovician Collingwood formation of the Michigan Basin at an average cost of $150/acre. [41] In May 2012, Encana had paid about $185 an acre for oil and gas rights on 2,156 acres (873 hectares) at an auction by the Michigan Department of Natural Resources, which was 88 percent less than the average paid two years ago in the area. [42]

In July 2012, Reuters reported about e-mails between Encana and 1 electricity unit in kwh Chesapeake Energy, the second-largest natural gas producer in the U.S., to divide up Michigan counties state land leases to suppress land prices in an October 2010 auction. [43] In 2013, a private landowner filed gas leak los angeles california suit against Encana and Chesapeake for bid rigging. [44] Justice Department and Michigan authorities were investigating whether state or federal laws were violated; the Internal Revenue Service and U.S. Securities and Exchange Commission also investigated.

In 2013, two property owners adjacent to a drilling unit filed suit against the Michigan Department of Environmental Quality (DEQ) and Encana for potential harm due to proximity. In October 2013, the Judge electricity in salt water of the Circuit Court of Ingham County issued an injunction against Encana starting to drill until an administrative hearing before DEQ’s supervisor of wells had been completed, re part 12 of DEQ’s rules for oil and gas operations. [45] In May 2014, the supervisor of wells found with Encana, that the petitioners did not have standing, because they did not own land within the drilling unit and dismissed the case. [46] Alleged excessive gas dryer vs electric dryer cost savings water use for hydraulic fracturing [ edit ]

In November 2013, Ecojustice, the Sierra Club and the Wilderness Committee filed a lawsuit against Encana Corporation and the British Columbia’s Oil and Gas Commission for excessive water use from lakes and rivers for its hydraulic fracturing for shale gas, granted by repeated short-term water permits, a violation of the provincial water act. [47] Criticism [ edit ] Pipeline explosions [ edit ]

In northeastern British Columbia five explosions targeted Encana pipelines between October 2008 and January 2009; media reports indicate the pipeline may have been bombed by a disgruntled community member electricity calculator fearing the sour gas (containing hydrogen sulfide, which can be fatal if too much of it is inhaled) poses a danger to the community. [48]

Annually, Encana engages in Sustainability reporting in which the company voluntarily discloses a wide variety of operational statistics including energy usage, emissions intensity, GHG emissions, water usage, flared and vented volumes, reportable spills, reclaimed land, community 76 gas station jobs investment, aboriginal engagement, employee education, ethical controls, governance practices, corruption prevention activities, total staff, attrition, gender ratio’s, safety and recordable injuries, and an independent assurance of all statistics.All data is shown annually, benchmarked against prior years. If the metric is trending unfavorably, Encana details how it is addressing the issue. [51] References [ edit ]