ARC Resources’ focus on drilling and completion costs has made its Montney asset base competitive with US producers. In 2016 the company cut drilling times at all three of its BC operating areas, with the biggest reduction seen at Tower where drill time fell 50% from an average of 15-20 days in 2015 to just 5-10 days as of 3Q16. Similar improvements were made at Sunrise and Dawson, where times were cut 40% to......
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