Operations

Understanding Our Assets

{Alt}

2013 Production {BOEPerDay} BOE Per Day
Liquids {Liquids}
Proved + Probable Reserves {ProvedPlusProbableReserves} mmboe
Wells Drilled {WellsDrilled}
{MontneyOrNonMontney}

ARC has a balanced portfolio of crude oil, natural gas and natural gas liquids assets, providing optionality for value creation through all commodity price cycles.  ARC’s assets can be understood as Montney Growth Assets and Non-Montney Assets.

Hover or click on the map areas below to view details.

‚Äč {'Alt':'NE British Columbia','BOEPerDay':'42,200','Liquids':'7%','ProvedPlusProbableReserves':'407','WellsDrilled':'41','MontneyOrNonMontney':'Montney Growth Assets'} {'Alt':'Northern Alberta','BOEPerDay':'18,300','Liquids':'48%','ProvedPlusProbableReserves':'71','WellsDrilled':'39','MontneyOrNonMontney':'Montney Growth Assets & Non-Montney Growth Assets'} {'Alt':'Pembina','BOEPerDay':'12,300','Liquids':'79%','ProvedPlusProbableReserves':'55','WellsDrilled':'39','MontneyOrNonMontney':'Non-Montney Growth Assets'} {'Alt':'South Central Alberta','BOEPerDay':'11,700','Liquids':'43%','ProvedPlusProbableReserves':'54','WellsDrilled':'0','MontneyOrNonMontney':'Non-Montney Growth Assets'} {'Alt':'SE Saskatchewan & Manitoba','BOEPerDay':'11,600','Liquids':'98%','ProvedPlusProbableReserves':'48','WellsDrilled':'48','MontneyOrNonMontney':'Non-Montney Growth Assets'}


Montney Growth Assets

ARC’s Montney Growth assets consist of natural gas, natural gas liquids and oil production.  Located in northeast British Columbia and northern Alberta, the Montney formation is a world class unconventional resource play with tremendous opportunity for significant resource recovery.  ARC was an early entrant in the play with the acquisition of Ante Creek in 2000.  In 2005, ARC pioneered the use of multi-stage fracturing for horizontal completions at its Dawson field; a technology that has proven instrumental in unlocking the tight rock play.  Over the past ten years ARC has been on a growth journey in the Montney, expanding its technical expertise, building its land base and executing paced development of its assets.  Today, ARC holds one of the largest land positions in the Montney with nearly 900 net sections and is a leading producer with current production of approximately 60,000 boe per day of natural gas, liquids and oil production.

  • ARC holds one of the largest land positions in the Montney with nearly
    900 net sections


 

Non-Montney Assets

ARC’s Non-Montney assets comprise conventional oil and natural gas assets throughout Manitoba, Saskatchewan and Alberta. These properties produce stable low-decline production, providing a steady revenue stream and generating some of the highest netbacks in our portfolio. Requiring relatively low capital investment, the cash flow provided from these assets is directed to pay the dividend and to fund growth.  In addition, an active capital and optimization program allows ARC to add new barrels at a fraction of the cost of acquiring assets, ensuring we are reaping full value from our existing reserves.

  • These properties produce stable low-decline production, providing a steady revenue stream and generating some of the highest netbacks in our portfolio.