ENCANA CORPORATION Duvernay Jim Roberts Vice-President & General Manager, Northern Area Operations
DUVERNAY Premier Position in World Class Reservoir Large contiguous land base within core of play Significant growth opportunity Industry leading operating performance Multi-well pads and integrated infrastructure significantly…
LARGEST PRODUCER IN THE PLAY Duvernay Production at a Glance Duvernay Acreage Gross Encana Production vs Peers* 40 Encana Land Alberta Core Reef Gross Operated Production 30 MBOE/d) Simonette 20 North Fox Creek 10…
WELL PRODUCTIVITY Top Performance vs Peers 60 Condensate Production IP180/1,000ft (bbls/d) 50 40 30 20 10 0 Encana Peer 1 Peer 2 Peer 3 Peer 4 Peer 5 Data sourced from RS Energy Group, Peers include MUR,…
REDUCING COSTS Duvernay D&C Costs* Efficient Development 15 Realized efficiencies offsetting inflation 12 On a like-for-like scope basis, costs are largely flat 9 MM New drilling pacesetters in Simonette North and South 6…
VERY RICH GAS CONDENSATE Simonette South 300 Simonette South VRGC Type Curve IP180 Condensate = 600 bbls/d 250 IP180 Gas = 3.3 MMcf/d Cumulative Production (MBOE) EUR = 1,400 MBOE D&C = 8.2 MM 200 Lateral Length = 8,850…
EXPANDING MARGINS Operating Cost Performance Duvernay Direct Operating Cost Reductions Dramatic reduction in operating costs /BOE Three plants on-stream since 2014 7 Optimized for liquids handling 6 Reduced trucking from location…
MIDSTREAM AND MARKETING OVERVIEW Duvernay Condensate sales via pipeline to premium Edmonton market center Condensate to Edmonton market Firm market access aligned with center development program Duvernay Achieved liquids price…
ENCANA DUVERNAY Significant Future Growth Potential Duvernay Completion Operations Industry leading performance Innovation driving significant cost reductions Well performance meeting expectations Competitive operating margin &…