ARC Resources Ltd T.ARX

TOP WELL REPORT – Oct. volumes – ARC Resources sets a record

[Trapped]

Boom! Man, these are some monster wells! Q4 results should be super strong indeed. Cheers and have a great weekend, ARX Bulls!

https://boereport.com/2024/11/29/top-well-report-october-volumes-arc-resources-sets-a-record/

• A truly dominant performance in October from ARC Resources. Not only did the company have the top 13 condensate wells in the month, but several of these wells were approaching the 2,000 bbl/d level, making these some of the best wells that we have seen since establishing our Top Well Reports over the last 2 years.
  • On a corporate basis, October looks to be the best month for condensate production in the company’s history (Figure 1).

[Quintessential1]

Great news Trapped thanks for posting it again! It doesn't matter if the oil gets shipped east, west or south it doesn't move without condy. Twin those pipes again and ship twice as much west because that condy doesn't come back. GLTY and ALL ARX BULLS

[Trapped]

Thanks, Quint! And I'm not sure if the initial 20,000 BOEs/Day from Attachie 1 were baked into the initial expectations for Q4/24 production. If they were not, next earnings should be really positive, and also considering that they're now setting all-time company records for condy production per the BOE Report article. I don't track condensate prices (I should), but I know it trades at

[fishcarrier]

Just to add a little fact, I just checked out the production increase expected by TOU and ARX for Q4 as per their Q3 reports. TOU expects a lovely 10% increase. But ARX shows a much better 18% increase. Guess which stock I'd rather have right now?