ENCANA CORPORATION Operational Excellence Michael McAllister Executive Vice President & Chief Operating Officer
ENCANA Delivering Quality Corporate Returns TOP TIER MARKET RESOURCE FUNDAMENTALS North American leader in: Generating free cash flow 1.5 billion cumulative over plan Cash flow growth 25% CAGR 2017-2022 Corporate returns ROCE…
AN OPERATOR YOU CAN COUNT ON Strong Track Record of Delivery Ranked in the top 3 on well productivity Tower Plant in every play Managing cost inflation with integrated supply chain and efficiency focus Delivering through busier…
INNOVATION LEADERSHIP AT ENCANA A Competitive Advantage Subsurface Drilling & Completions Production Operations Commercial Arrangements geo-cellular reservoir proprietary in-house well real-time production data creating optionality…
INNOVATION IN OPERATIONS Driven By Culture Conceptual Advanced Chiefs organizational structure Completions Design Promotes rapid transfer of technology between plays Rapidly translated success in tight cluster design from Eagle Ford…
EXECUTION EXCELLENCE Multi-Spread Completions Plan vs. Actual Lease Efficient Operations are Safe Operations Leveraging our experience 4,500 horizontal wells drilled Rapid knowledge transfer between basins Leading industry safety…
CUBE DEVELOPMENT Differentiated Execution At Surface Increased D&C efficiencies Dual Rig Drilling Operations in the Montney Multi-well pads Faster drill times Multi-rig spreads Increased horsepower utilization Integrated…
MANAGING INFLATION Delivering in a Busier Environment ECA D&C Cost Breakdown Fully offsetting inflation with efficiency improvements Capital spent & wells drilled/on-stream match plan 40% of well cost is drilling 60% of well cost is…
5 YEAR PLAN Self-Funding Post 2017 Production Growth Within Cash Flow Production (MBOE/d)** 650 Resilient to operational risk 550 Focus on high margin production 450 Continuous improvement drives 350 quality corporate…
Loading...
