• Ovintiv Inc ( NYSE: OVV )

2024 Development Program Includes



Area

Category

2023

2024 Est. Initial
Updated
2024 Guidance
%Difference
(2023 vs 2024)
Company Wide Total Capital Expenditure ($mm)

        
Company Wide Production Oil (bbls/d)

 Click here for More Planned 2024 Activity

Permitting Activity


April 12,2024 : Ovintiv Inc Permitted the UL GOLDEN 8A 6HC Horizontal well in Andrews,TX : Central Basin,Permian Basin
April 12,2024 : Ovintiv Inc Permitted the UL GOLDEN 8C 14HD Horizontal well in Andrews,TX : Central Basin,Permian Basin
April 10,2024 : Ovintiv Inc Permitted the K2 25B 1HF Horizontal well in Howard,TX : Midland Basin,Permian Basin
April 10,2024 : Ovintiv Inc Permitted the K2 25D 2HF Horizontal well in Howard,TX : Midland Basin,Permian Basin
April 10,2024 : Ovintiv Inc Permitted the K2 25F 3HF Horizontal well in Howard,TX : Midland Basin,Permian Basin
Click here for More Permits Activity

Completion Activity / Well Results


November 09,2021 : Ovintiv Inc completed the DAVIDSON 23X 10HJ well in Midland,TX . The Well flowed 1,553 boe/d which consists of 1,303 Oil BOPD and 1.452 MMcf of gas on a 13,539 foot lateral .
November 09,2021 : Ovintiv Inc completed the DAVIDSON 23G 11HF well in Midland,TX . The Well flowed 1,690 boe/d which consists of 1,383 Oil BOPD and 1.778 MMcf of gas on a 13,759 foot lateral .
November 09,2021 : Ovintiv Inc completed the DAVIDSON 23G 12HD well in Midland,TX . The Well flowed 1,631 boe/d which consists of 1,476 Oil BOPD and 0.898 MMcf of gas on a 13,553 foot lateral .
November 09,2021 : Ovintiv Inc completed the DAVIDSON 23G 13HJ well in Midland,TX . The Well flowed 1,312 boe/d which consists of 1,109 Oil BOPD and 1.177 MMcf of gas on a 13,399 foot lateral .
November 09,2021 : Ovintiv Inc completed the DAVIDSON 23E 2HL well in Midland,TX . The Well flowed 2,426 boe/d which consists of 1,909 Oil BOPD and 3.001 MMcf of gas on a 13,358 foot lateral .
Click here for More Completion Activity

Latest News & Activity




Deals - Ovintiv Inc Acquisitions


Announce Date Price($MM) Region/Basin Headline
Apr-03-2023 Permian - Midland Basin  Ovintiv Acquires Encap-Backed Permian Companies For $4.2 Billion; Exit Bakken
Nov-01-2018 Mid-Continent - Arkoma Basin,Mid-Continent - Anadarko Basin,Williston Basin  Encana to Acquire Newfield in All-Stock Deal Worth $5.5 Billion
Sep-29-2014 Permian - Midland Basin  Encana Acquires Permian Player Athlon in Deal Worth Billions
Total
More Deals...


Deals - Ovintiv Inc Divestiture(s)


Announce Date Price($MM) Region/Basin Headline
Apr-03-2023 Rockies  Grayson Mill Adds More Bakken, Acquires Ovintiv's Assets For $825 Million
Jul-06-2022 Williston Basin,Rockies - Piceance/Uinta  Ovintiv Trims Bakken, Uinta Portfolio; Sells Off Properties for $250 Million
Mar-24-2021 Gulf Coast  Ovintiv Sells Eagle Ford Portfolio to PE-Backed E&P for $880 Million
Total
More Deals...


Capital Raised


Announced DateAmount($MM) Type Headline
Dec-28-2018 Buy Back Encana Announces Plan to Buy Back $1.25B in Stock
Feb-15-2018 Buy Back Encana Authorizes $400 Million Share Buyback
Sep-23-2016 Equity-Stock-Sales Encana Wraps Up $1.0B Equity Offering to Fund 2017 Ops; Permian Focus
Total
More Financing...


About


Ovintiv is a E&P company formerly known as Encana.  The company currently operates oil & gas assets in the MidCon, Permian, Eagle ford, Montney areas.



370 17TH St Ste 1700
denver TX 80202
Phone Number
(303) 623-2300






 Drilling Activity ( Jan 2017 - Apr 2024)
Basin
ANADARKO BASIN
ARKOMA BASIN
CENTRAL BASIN PLATFORM
FORT WORTH BASIN
GULF COAST BASIN
MIDLAND BASIN
UINTA BASIN
WILLISTON BASIN

Personnel (1 people)

-
Group Lead, Special Projects
email -
Phone : -
Frist Name Last Name Title Email Phone
Edward Barclay Group Lead Special Projects ed.barclay@encana.com 403-645-5833

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2024 Development Program Includes Click here for More Planned 2024 Activity    



Area

Category

2023

2024 Est. Initial
Updated
2024 Guidance
%Difference
(2023 vs 2024)
Company Wide Total Capital Expenditure ($mm)

        
Company Wide Production Oil (bbls/d)

 Company Divestiture

Announce Date Buyer$MMTypePlay/LocationDetails
Apr-03-2023 Asset Bakken Shale & Three Forks 
Jul-06-2022 Property Uinta Basin Play,Bakken Shale & Three Forks 
Mar-24-2021 Property Eagle Ford Shale 


 Company Acquisitions

Announce DateSeller$MMTypePlay/LocationDetails
Apr-03-2023 Asset Permian Basin,Midland Basin 
Nov-01-2018 Corporate Bakken Shale & Three Forks,STACK & SCOOP,Arkoma-Basin 
Sep-29-2014 Corporate Permian Basin,Midland Basin 
No Results found

Permian Basin : Wells Completed In 2015 - Top 100 Companies

January 12,2016
Shale Experts Frac Market Update - FY-2015.  This report is available on a quarterly basis, with more details such as proppant usage, top pressure pumper and activity by basin and county.

Looking Ahead: The Eagle Ford in 2016

December 22,2015
As capital budgets for 2016 begin to emerge, Shale Experts is taking at numerous operators' spending plans and how that will impact activity on a play-by-play basis.

Encana Focused on Core Assets for 2016; Flexible Capital

December 14,2015
The company plans for 95 percent of 2016 capital to be invested in core four assets.

Duvernay Shale October 2015 Update: Operators Forging Ahead

October 16,2015
This is our October/Q3 Duvernay Shale Update

Encana Touts Permian, Eagle Ford Well Cost Improvements

July 24,2015
Reduced Eagle Ford D&C costs by $1 mm per well, Permian casing designs are saving on average $350,000 per well.

Encana Loses Control of Karnes County Well; Area Evacuated

May 20,2015
The company is working to determine what caused the mishap.

Encana Begins Pad Drilling in Permian

May 12,2015
Encana drilled its first multi-well pad and began testing high-intensity fracs in the Permian.

Encana Makes Even Cuts Across Assets

February 25,2015
Reducing previously announced 2015 capex to between $2.0 billion and $2.2 billion.

The Permian in 2015: 10 Companies to Drill ~1,460 Wells

February 08,2015
Part III of our feature series is focused on the Permian Basin. The ten companies below are planning to drill up to a combined 1,446 wells in 2015.

50 Companies to Spend $35 Billion in Canada in 2015

February 05,2015
Canada's 2015 capital spend for E&P companies will be down by around 17% compared to the year previous.

The Eagle Ford in 2015: Budgets & Hedges

February 04,2015
As oil prices slip, spending is being cut by operators across many plays. However, a number of companies in the Eagle Ford Shale are devoting more capital to the play than in 2014.

Four Companies Increasing Budgets in 2015

January 15,2015
These four companies are not decreasing their capex budgets in 2015, in spite of a lower priced oil environment.

Encana Increases Budget, Focus on High Margin Plays

December 16,2014
The 2015 capital program will be invested in four of its highest margin assets.

Encana Touts Duvernay 2,200 Boe Well; Montney Update

November 13,2014
Encana Corp. has reported a third quarter 2014 update on its Canadian operations.

Encana Pleased with Major Acquisitions, Ops in 2014

November 12,2014
During the third quarter, Encana announced the transformative acquisition of Texas-based Athlon Energy Inc.

Encana Drills 3Q DJ Basin Update; Long Laterals

November 11,2014
Encana Corp. has reported a third quarter 2014 update on its Rockies operations.

Encana $2.6B Offer of PrairieSky; DJ Basin, Duvernay, Eagle Ford and Montney Development

September 09,2014
Underwriters will purchase from Encana 70,200,000 common shares of PrairieSky for aggregate gross proceeds to Encana of approximately $2.6 billion. 

Blackstone Ponders Acquisition of Shell's Haynesville JV Interest

August 11,2014
Blackstone Group LP to acquire Royal Dutch Shell's 50% interest in the Haynesville field in Louisiana.

Encana Outlines Big Eagle Ford Shale 2014-2015 Activities

July 30,2014
Encana is planning to spend between $300 million and $320 million 2014 to ...

Encana Grows Liquids Significantly in 2Q 2014

July 24,2014
Oil production of 34,200 bbls/d represented a 49 percent year-over-year increase.