TSX:ARX - Post Discussion
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Trapped on Feb 06, 2024 9:45am
December Top Well Report - MUST READ!
TOP WELL REPORT – December volumes – ConocoPhillips and Ovintiv close out 2023 with massive wells, while ARC Resources has 7 big condensate wells
- Oil and Condensate: ARC Resources had 7 of the top 12 wells in December, from the condensate rich Karr area that it obtained from Seven Generations. Perhaps what is most impressive about these results is that although the monthly hours aren’t given, 6 of these wells didn’t appear to come on production until partway through December and still made this list which is based on total production for the month (and averaged over a 30 day period).
- Natural Gas: ARC Resources had 2 wells from Sunrise in northeast BC in the top 15. These wells both produced ~ 19 mmcf/d in December.
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