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ARC Resources Ltd T.ARX

Alternate Symbol(s):  AETUF

ARC Resources Ltd. is a Canada-based energy company. The Company's activities are focused on the exploration, development, and production of unconventional natural gas, condensate, Natural gas liquids (NGLs), and crude oil in western Canada. The Company's assets are located in the Montney region in Alberta and northeast British Columbia. The Company’s operations in Alberta are located near Grande Prairie and the region includes Kawka and Ante Creek. Kawka is a premium condensate-rich and high-deliverability natural gas play with top-tier development opportunities. The Company’s operations in northeast British Columbia feature low-emissions assets and are strategically connected to third-party egress and hydroelectricity. The Company’s operations in northeast British Columbia are located near Dawson Creek and the region includes Greater Dawson, Sunrise, Attachie, and Septimus and Sundown. The Greater Dawson operating area includes Dawson Phases I, II, III and IV and Parkland 3-9.


TSX:ARX - Post by User

Post by downwithdotcom1on Oct 19, 2023 4:46pm
168 Views
Post# 35691795

EIA nat gas inventories

EIA nat gas inventoriesFYI, 

For the week of October 7 - Oct 13, natural gas storage levels increased by 97 BCF to 3626 BCF. 5 year average is 85 BCF. Current inventories are 175 BCF or 5% above the 5-year average while inventories are 300 BCF or 9% above year-ago levels. Over the last 4 weeks, the natural gas storage surplus has contracted by 8 BCF...
Meanwhile world wide LNG prices taking off due to increased supply risk..
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