Oklahoma’s STACK came through in a big way for Ovintiv USA Inc. as the company just reported completion of three wells on a single pad with production of nearly 4,500 barrels of oil a day.
Ovintiv wells in Canadian County
Ovintiv big winner in Oklahoma
Ovintiv has ~360,000 net acres held by production, primarily in the black oil window of SCOOP and STACK.
Ovintiv large producing oil wells in Oklahoma’s STACK
Ovintiv latest venture in Kingfisher County were two Connie Fed 1608 wells on a single pad at a site about 5 miles west of Kingfisher where combined production was nearly 2,200 barrels of oil a day.
Ovintiv Playbook
Ovintiv has a multi-basin portfolio with scale, anchored by large, contiguous positions in the heart of the Permian and Anadarko basins, and the Montney.
Ovintiv seeing success in Oklahoma’s STACK play.
Ovintiv wells near Kingfisher produced a thousand barrels of oil a day.
OVINTIV 2021 Budget GUIDANCE $1.5 Billion
Ovintiv’s 2021 planned capital investments are approximately $1.5 billion and production 500BOE
