ARC Resources Ltd T.ARX

Alternate Symbol(s): AETUF

Energy Oil & Gas E&P

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.

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Post by screwuboton Sep 17, 2022 6:59am

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Post# 34968702

Canada Rig Count Report Summary

Canada Rig Count Report Sept 12, 2022 we are tracking 91 Oil & Gas Operators and 212 drilling rigs that spud wells last 30 days in Alberta, BC and Saskatchewan. (Data Source – Western Canada Drilling Rig Report Sept 12, 2022)

Top Oil & Gas Operators by drilling rig count: ARC Resources Ltd (7), CNRL (12), Teine (7), Tourmaline Oil Corp (11), Cenovus (12), Whitecap (13)

Province by drilling rig count: Alberta (152), BC (8), Sask (52)

Top District by Drilling Rig; Grande Prairie (37 rigs), BC (8 rigs), Bonnyville (20 rigs), St Albert (1 rigs), Drayton Valley (22 rigs), Red Deer (15 rigs), Kindersley (14 rigs), Lloydminster (12 rigs), Medicine Hat (6 rigs), Estevan (22 rigs), Wainwright (12 rigs), Edmonton (12 rigs)
Canada Rig Count Details

The Western Canada Drilling Rig report date is Sept 12, 2022. Spudding is the process of a drilling rig beginning to drill a well in the oil and gas industry. … After the surface hole is completed, the main drill bit—which performs the task of drilling to the total depth—is inserted and this process can also be referred to as “spudding in.” (Data Source – Canada Rig Count Report Sept 12, 2022)

Drilling Rigs that Spud Wells Last 30 Days in Western Canada