Ovintiv USA

Website

Linkedin

Website

Company Page

Address

370 17th Street, Suite 1700
Denver, CO 80202

Phone

303.623.2300

Company Description

Ovintiv has a multi-basin portfolio with scale, anchored by large, contiguous positions in the heart of the Permian and Anadarko basins.

Ovintiv USA ranks #18 in wells drilled in 2023 with 173 wells drilled in the US

Recent News

Ovintiv’s 2025 budget is set at $2.15B – $2.25B, with 85% of capital directed to Permian & Montney oil drilling and a 10% allocation for acquisitions & appraisals. Total 2025 production is expected at 595 – 615 MBOE/d, including 202 – 208 Mbbls/d of oil & condensate and 1,825 – 1,875 MMcf/d of natural gas. 1Q25 production will be slightly lower (575 – 595 MBOE/d) due to the Uinta sale closing before the Montney acquisition, with ~35% of Permian completions front-loaded in Q1.

Operations

Anadarko

McKenzie County, ND ranks #1 in the state for BOE produced in the most recent month (Dec 2022).

Kingfisher County, OK ranks #2 in the state for BOE produced in the most recent month (Apr 2022).

Permian

Martin County, TX ranks #3 in the state for BOE produced in the most recent month (Jul 2022).

Andrews County, TX ranks #17 in the state for BOE produced in the most recent month (Jan 2022).

Howard County, TX ranks #6 in the state for BOE produced in the most recent month (Jun 2022).

Midland County, TX ranks #1 in the state for BOE produced in the most recent month (Jul 2022).

Rocky Mountain

Duchesne County, UT ranks #2 in the state for BOE produced in the most recent month (May 2020).