South Central Alberta

ARC’s South Central Alberta area includes a wide range of assets from southern and central Alberta. This dependable area provides ARC with stable production characterized as low decline and low risk.

The Redwater field, located in central Alberta, produces high netback light crude oil. This field, began producing in 1948, and remains one of Canada’s most prolific oil discoveries.  ARC acquired the Redwater field in December 2005 based on a declining production profile. Since ARC took over operatorship, production has increased to approximately 4,000 boe per day of light crude oil. This mature and predicable asset is a crucial component of ARC’s cash flow.
 

PRODUCTION HIGHLIGHTS

*Three Months Ended December 31, 2016
Crude Oil (bbl/d) 3,235
Condensate (bbl/d) 14
Natural Gas (MMcf/d) 2.1
NGLs (bbl/d) 86
Total Production (boe/d) 3,686

 

 

 

 

ARC Resources Ltd.

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

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