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ARC Resources Ltd T.ARX

Alternate Symbol(s):  AETUF

ARC Resources Ltd. is a Canadian energy company. It is focused on the exploration, development, and production of unconventional natural gas, condensate, natural gas liquids (NGLs), and crude oil in western Canada. Its operations are focused in the Montney region in Alberta and northeast British Columbia. Its operations in Alberta are located near Grande Prairie and the region includes Kakwa and Ante Creek. Kakwa is a condensate-rich and high-deliverability natural gas play with top-tier development opportunities. Its 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. The Attachie is a condensate-rich, natural gas play primed for large-scale development. Sunrise is a dry natural gas play with a low-cost structure, well deliverability and direct connectivity to liquefied natural gas Canada.


TSX:ARX - Post by User

Bullboard Posts
Post by eyeliv2rydeon Apr 19, 2018 11:05am
135 Views
Post# 27911008

Today's NG consumption reading

Today's NG consumption readingAt the risk of coming across as a 'pumper', here is the NG consumption figure that was released about a half hour ago. Earlier weeks for reference. Weekly numbers are volitile, so best to keep the longer term storage numbers/trends in mind. See info below the chart.

Apr 19, 2018 10:30 -36B -23B -19B  
Apr 12, 2018 10:30 -19B -11B -29B  
Apr 05, 2018 10:30 -29B -29B -63B  
Mar 29, 2018 10:30 -63B -75B -86B  
Mar 22, 2018 10:30 -86B -87B -93B  

 The U.S. Energy Information Administration said in its weekly report that natural gas storage in the U.S. fell by 36 billion cubic feet in the week ended April 13, compared to forecasts for a decline of 23 billion.

Thursday’s data compared with a draw of 19 billion cubic feet (bcf) in the preceding week and represented a decline of 808 billion from a year earlier and was also 449 bcf below the five-year average.

Total U.S. natural gas storage stood at 1.299 trillion cubic feet, 38.3% lower than levels at this time a year ago and also 25.7% below the five-year average for this time of year.

Bullboard Posts