Second Quarter 2017 Operations Review
(Three Months ended June 30th)
|Crude Oil (bbl/d)||23,813||31,702|
|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|
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)|
|All other (2)||9,457||4,013||1,295||22.8||342|
(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.