With a 2025 capital allocation of $1.2-$1.3 billion focused on the Permian, Ovintiv is positioned for strong returns through efficiency improvements in drilling, completion, and production operations. Let’s take a closer look at how Ovintiv is leveraging its Permian assets to drive higher production at lower costs.

The Western Canadian oil and gas industry has witnessed fluctuations in rig activity over the past year. Comparing data from the last 30 days with the same period in 2024 provides valuable insights into trends shaping the sector. This analysis focuses on three key areas: rig count by province, activity by field centre, and the top 10 accounts by record count.