ARC Resources Ltd.
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in mil. unless spec.Company Description
- CEO
- Terry Michael Anderson
- Full Time Employees
- 622
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- Address
- 1500, 308 - 4th Avenue SW Calgary AB Canada T2P 0H7
- IPO Date
- Nov 15, 2005
- Website
- arcresources.com
- Similar Companies
- Business
- ARC Resources Ltd. is a Canadian energy company primarily focused on the exploration, development, and production of crude oil, natural gas, condensate, and natural gas liquids. Its operations are concentrated in the prolific Montney region, spanning northeast British Columbia and northern Alberta, encompassing significant assets like Kakwa and Attachie. Following its strategic combination with Seven Generations Energy in 2021, the company became Canada's largest condensate producer and a prominent natural gas supplier. ARC further consolidated its Montney position with a recent agreement to acquire additional condensate-rich assets in the Kakwa region, expected to enhance production capabilities. The company reported record fourth-quarter production in 2024, averaging over 382,000 barrels of oil equivalent per day, driven by strong well performance and the initial commissioning of its Attachie Phase I project, which is slated for full production in early 2025. Founded in 1996, ARC Resources Ltd. is headquartered in Calgary, Canada.
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