This big oil company is roaring back to life as the company prepares for a large round of horizontal drilling in the Permian Basin.
Texas Oilfield Caps
The exploration and production company Encana filed for 14 drilling permits on its Neal 39 leases in Upton County. Located about 22 miles northwest of Rankin, the wells target the Spraberry formation down to a total depth of 10,300 feet.
Encana has filed for 101 drilling permits so far this year. Out of those projects, 89 were in the Permian Basin. The other 12 were in the Eagle Ford Shale of South Texas.
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