Encana

500 Centre Street SE
Calgary, AB
CA, T2P 2S5

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Encana selects Siemens to provide rotating equipment for Pipestone Processing Facility

Siemens’ SGT-750 turbine offers customers lower life cycle costs compared to competing turbines in the industry.

Siemens was recently selected to provide one feed and sales gas train and one refrigeration compression train for Encana's Pipestone Processing Facility in Grand Prairie, Alberta, Canada. Designed to accommodate future capacity expansion, the Pipestone Processing Facility will provide Encana with 19,000 barrels per day of net raw condensate processing capacity plus 170 million cubic feet per day of net inlet natural gas processing capacity. Keyera will own the Pipestone Processing Facility and provide processing services to Encana. The Facility will have total processing capacity of 200 million cubic feet per day and is expected to start up in 2021.

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Encana completes sale of non-core San Juan asset

Following the expected close of its announced strategic combination with Newfield Exploration Company (Newfield), Encana is committed to completing a $1.25 billion share buyback in 2019.

Encana Corporation (Encana) announced that its wholly-owned subsidiary, Encana Oil & Gas (USA) Inc., has completed the previously announced sale of its San Juan asset in New Mexico to Denver-based DJR Energy.

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Encana, Keyera reach deal over Pipestone Liquids Hub and processing facility

Encana, Keyera reach deal over Pipestone Liquids Hub and processing facility

Encana Corporation has reached an agreement with Keyera Partnership, a subsidiary of Keyera Corp., under which Keyera will acquire and fund the remaining development of Encana's Pipestone Liquids Hub and Encana's planned Pipestone Processing Facility. This agreement provides Encana with an additional 33,000 barrels per day (bbls/d) of net raw condensate processing capacity and 170 million cubic feet per day (MMcf/d) of net inlet natural gas processing capacity. Keyera will provide Encana with processing services under a competitive fee-for-service arrangement.

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Encana reports strong finish to 2017, anticipates continued growth in 2018

Encana reports strong finish to 2017, anticipates continued growth in 2018

Encana delivered strong performance through the fourth quarter of 2017 to close another year successfully executing its strategy, delivering significant oil and condensate growth and driving additional efficiency gains, the company reported in a summary of the year. Supported by the strong finish to 2017, the company states it is firmly on track to meet or exceed the targets in the five-year plan shared at its Investor Day in October 2017.

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Encana Reaches Agreement to Sell Its DJ Basin Assets for US$900 Million

Encana Reaches Agreement to Sell Its DJ Basin Assets for US$900 Million

Encana Corporation has announced that its wholly-owned subsidiary, Encana Oil & Gas (USA) Inc., has reached an agreement to sell its Denver Julesburg (DJ) Basin assets in Colorado to a new entity 95 percent owned by Canada Pension Plan Investment Board and 5 percent by The Broe Group. Total consideration to Encana under the transaction is approximately $900 million.

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