# Shell will pay $13.6 billion for ARC Resources and take on $2.8 billion in debt.

*business · news · 2026-04-27 · The Sunday Times*

## Key points

- Shell will acquire ARC Resources for $13.6 billion plus $2.8 billion in debt assumption.
- This acquisition will increase Shell's output by 370,000 barrels of oil and gas per day.
- Shell's expected annual production growth rate is now 4 percent, up from the previously guided 1 percent.
- ARC Resources’ assets in the Montney basin are adjacent to Shell’s existing Groundbirch operations.

**Companies:** Shell, ARC Resources
**Countries:** Canada

[Read the full story on The Sunday Times](https://www.thetimes.com/business/energy/article/shell-16bn-deal-arc-resources-canada-gxnbd37sz)

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