Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Comment by Quintessential1on Jan 23, 2022 9:43am
123 Views
Post# 34349608

RE:Condensate

RE:CondensateThanks for the clarrifications.

It looks like it is not possible to extract condensate without also producing NG and I am sure the percentages varry depending on the geographical area too.

Does Arc have any kind of storage for any of their products so that they can sell at favourable pricing?  Is it even worth the associated costs of storage?  It seems that is what AECO is for but it seems to fail Alberta's NG producers as Henry Hub pricing out paces it regularly these days.  I have noticed that Peyto has stated they are letting AECO contracts expire if favour of HH exposure.

I generally don't worry about these problems as that is management's concern and I do trust them to make the best decisions for Arc otherwise I would not be invested but, in the interest of being better informed, I do appreciate an informative discussion and your responses.


Shaleguy wrote: Well technically you guys are both right. Raw condy at Kakwa varies greatly, in the south west it's clear like moonshine, and pilsnerish in nest two and light oil in nest one. At Kakwa, a typical liquid analysis has some NGL's but tends more towards C7, C8 and C9. Pembina has a rigid condy spec from a density of 775 to 650 or an API of 50 to 85 degrees API. The kicker is the vapour pressure requirements of 103 kpa. What this means is that you have to run your Condy through a stabilizer at roughly 175 kpa and 50 degrees C to drive off all NGL's, otherwise you have what's known as wild condensate, which is volatile as hell and very, very dangerous. As you all know, the Condy is mixed at a 33 % ratio for 8 API oilsands. Hope this helps. If you have in stabilized Cindy, you face a 20 dollars haircut and have to truck to Edmonton.


<< Previous
Bullboard Posts
Next >>