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ARC Resources (FRA:8RC) Net Developed Acreage # : 0.00 (As of . 20)


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What is ARC Resources Net Developed Acreage #?

Net Developed Acreage # reflects the number of acres which are allocated or assignable to producing wells or wells capable of production.

The historical rank and industry rank for ARC Resources's Net Developed Acreage # or its related term are showing as below:

FRA:8RC's Net Developed Acreage # is not ranked *
in the Oil & Gas industry.
Industry Median:
* Ranked among companies with meaningful Net Developed Acreage # only.

ARC Resources Net Developed Acreage # Historical Data

The historical data trend for ARC Resources's Net Developed Acreage # can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

ARC Resources Net Developed Acreage # Chart


ARC Resources  (FRA:8RC) Net Developed Acreage # Explanation

Net Developed Acreage # is the amount of leased real estate that a petroleum and/or natural gas company holds, pertaining to a company's true working interest. If a company holds the entire working interest for a particular project, its net acreage and gross acreage will be the same.

Net acres can be construed as a measure of a company's potential for revenue, and increases or decreases in the figure are indicators of expansion or contraction. It can be calculated on a per project basis by multiplying the gross acres with the percentage of ownership.

ARC Resources Net Developed Acreage # Related Terms

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ARC Resources (FRA:8RC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » ARC Resources Ltd (FRA:8RC) » Definitions » Net Developed Acreage #
Comparable Companies
TSX:MEG TSX:CPG TSX:SCR TSX:TOU TSX:PSK TSX:WCP TSX:ERF TSX:POU TSX:BTE TSX:PEY COP HKSE:00883 TSX:CNQ EOG PXD OXY HES MIC:NVTK FANG ASX:WDS
Traded in Other Exchanges
AETUF:USA 8RC:Germany ARX:Canada
Address
308 - 4th Avenue South West, Suite 1200, Calgary, AB, CAN, T2P 0H7
Website
https://www.arcresources.com
ARC Resources Ltd is an independent energy company engaged in the acquisition, exploration, development, and production of conventional oil and natural gas in Western Canada. The company produces light, medium, and heavy crude, condensate, natural gas liquids, and natural gas.

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