# Shell acquisition of ARC Resources

> Live situation record from CLSTR: https://clstr.news/situations/20260902-shell-acquisition-of-arc-resources
> Updated: 2026-09-02T21:23:58.000Z. Sources: 6. Developments: 2.

Shell moved to acquire Canadian firm ARC Resources Ltd. for approximately 22 billion CAD, a process that required regulatory clearance from the Government of Canada, Canadian competition authorities, and U.S. regulators under the Hart-Scott-Rodino Act.

On September 2, 2026, Shell finalized the acquisition. The deal, which includes an equity value of approximately US$13.9 billion, provides Shell with increased exposure to low-cost liquids production, adding roughly 370 kboe/d in liquids and gas. The acquisition is intended to leverage technical expertise in Canada’s Montney basin and support a projected production compound annual growth rate of about 4% through 2030.

## Timeline

### 2026-09-02: Shell completes acquisition of ARC Resources

Shell plc has completed its acquisition of Canada-based ARC Resources Ltd. for an equity value of approximately US$13.9 billion, expanding its presence in the Montney basin.

3 sources. https://clstr.news/cluster/shell-completes-acquisition-of-arc-resources

### 2026-08-25: Shell to acquire ARC Resources for 22 billion CAD

Shell is set to finalize its 22 billion CAD acquisition of ARC Resources after receiving key regulatory approvals in Canada and the United States.

3 sources. https://clstr.news/cluster/shell-to-acquire-arc-resources-for-22-billion-cad

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Cite as: Shell acquisition of ARC Resources. CLSTR, https://clstr.news/situations/20260902-shell-acquisition-of-arc-resources