Operations Review

Second Quarter 2017 Operations Review

Production
(Three Months ended June 30th)
2017 2016
Crude Oil (bbl/d) 23,813 31,702
Condensate (bbl/d) 4,253 3,733
Natural gas (MMcf/d) 483.9 467.5
Natural Gas Liquids (bbl/d) 4,691 4,336
Total Production (boe/d) 113,410 117,695

 

Property Summary

The following table summarizes the companies production by core area for three months ended June 30, 2017:

Core Area Total (boe/d) Oil (bbl/d) Condensate (bbl/d) Gas (MMcf/d) NGL (bbl/d)
Dawson 31,564 - 967 181.3 385
Parkland/Tower 23,643 6,226 1,340 83.2 2,207
Sunrise 22,710 - 57 135.7 34
Ante Creek 15,273 5,450 422 48.9 1,253
Pembina (1) 10,763 8,124 172 12.0 470
All other (2) 9,457 4,013 1,295 22.8 342
Total 113,410 23,813 4,253 483.9 4,691

(1) Throughout 2016 ARC acquired certain assets in this core area producing approximately 3,100 boe per day.
(2) During the fourth quarter of 2016, ARC disposed of its remaining non-core assets in Saskatchewan, which had been producing approximately 7,500 boe per day prior to disposal. An additional 1,300 boe per day of non-core assets were disposed throughout 2016.


 

ARC Resources Ltd.

1200, 308 - 4th Avenue S.W. Calgary, Alberta, Canada T2P 0H7

Tel: 403-503-8600 Toll Free: 1-888-272-4900