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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.


TSX:ARX - Post by User

ARC Resources Ltd > Freeport is ramping up, just as we enter shoulder season
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Comment by Quintessential1on Mar 03, 2023 11:05am
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Post# 35317517

RE:RE:Freeport is ramping up, just as we enter shoulder season

RE:RE:Freeport is ramping up, just as we enter shoulder season2 BCF/D is still a lot of demand to bring back as it is 2% of the USA's daily production of NG.

Add to that the other LNG trains and facilities that are coming online and coal conversions.

It will be interesting to see how much of a shoulder season NG gets.  Mild winter, hot summer.

Th EU has to put back about 40% of its inventory so far and they haven't even ramped up fertilizer production yet not to mention all their other idled industries.

GLTA ARX BULLS



MyHoneyPot wrote: Thanks for correcting me, i was thinking 3 trains 3BCF, but now i remember it is 2 BCF. So it looks like the two trains are running at capacity. 

Good job.

IMHO


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