We are excited to announce that as of February 1, Wood Mackenzie is a portfolio company of Veritas Capital, a leading investor at the intersection of technology and government. Our focus remains on providing you with the best intelligence, analytics, data and tools to ensure you are making the best data-driven business decisions with confidence.
In this insight we explore how recent M&A activity has changed the Western Canadian condensate market. ARC Resources now becomes the leader in WCSB condensate production following its merger with Seven Generations, controlling almost 20% of current WCSB condensate production. The company's future development plans will now have major implications for WCSB condensate and potentially Edmonton condensate pricing. Crescent Point also enters the condensate market, becoming the seventh largest condensate producer in the basin after its acquisition of Shell's Duvernay assets.