Energy company, Encana, unscathed by Colorado floods

Oct. 24, 2013 at 7:03 AM

CALGARY, Alberta, Oct. 24 (UPI) -- Massive flooding in September in Colorado left no major impact on the annual production of natural reserves, Canadian energy company Encana Corp. announced.

Encana is one of the first companies with operations in Colorado to report on the impact of September flooding in its quarterly financial statement.

"The company is pleased to confirm that its operations experienced no reportable spills or major environmental issues as a result of the severe flooding that affected the Denver-Julesburg basin in Colorado," the company said Wednesday. "The annual production impact is estimated to be minimal at a reduction of less than 250 barrels per day of oil and natural gas liquids."

Encana said total oil and natural gas liquids production during the third quarter averaged approximately 58,200 bpd, a 92 percent increase year-on-year.

More than a foot of rain fell on parts of Colorado, leading to flooding the National Weather Service described as "biblical." Encana temporarily closed more than 30 percent of its wells in Colorado as a result of the flooding.

Related UPI Stories
Latest Headlines
Trending Stories
Nobel Prize in Chemistry awarded to DNA cell repair pioneers
Priest suspended after defending pedophilia in TV interview
U.S. asks how Islamic State militants got so many Toyotas
At least 17 dead in Carolinas, more flooding expected
NASA releases thousands of Apollo mission photos on Flickr