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Encana drilled 13 San Juan Basin wells in 2012, and the company plans to continue drilling about one well per month, Doug Hock, an Encana spokesman, told the Daily News.

Encana said the last five wells completed have initial 30-day production rates of 150 to 700 barrels of oil equivalent per day, producing 80 percent oil, according to the Daily News.

Encana expects to spend about $100 million in the basin in 2013, about the same as last year.

1 posted on 04/24/2013 8:11:51 PM PDT by pinkwill
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To: pinkwill

San Juan basin was mainly a gas area for years when I lived there. On my last trip in 2009 I noticed lots of oil pumps working.


2 posted on 04/24/2013 9:10:26 PM PDT by Ruy Dias de Bivar (Do we now register our pressure cookers?)
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To: pinkwill

http://www.sanjuanbasinenergy.org/oil-could-ignite-san-juan-revival/


3 posted on 04/24/2013 10:48:02 PM PDT by headstamp 2 (What would Scooby do?)
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To: pinkwill


4 posted on 04/25/2013 5:23:02 AM PDT by thackney (life is fragile, handle with prayer)
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To: pinkwill; LegendHasIt; leapfrog0202; Santa Fe_Conservative; DesertDreamer; OneWingedShark; ...
Pinging for stories missed while on vacation!

NM list PING!

I may not PING for all New Mexico articles. To see New Mexico articles by topic click here: New Mexico Topics

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5 posted on 05/06/2013 11:30:29 AM PDT by CedarDave
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