Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Ovintiv Inc OVV

Alternate Symbol(s):  T.OVV

Ovintiv Inc. is an oil and natural gas exploration and production company. The Company is focused on the development of its multi-basin portfolio of top tier oil and natural gas assets located in the United States and Canada. Its operations also include the marketing of oil, natural gas liquids (NGLs) and natural gas. Its segments include USA Operations, Canadian Operations, and Market Optimization. USA Operations segment includes the exploration for, development of, and production of oil, NGLs, natural gas and other related activities within the United States. Canadian Operations segment includes the exploration for, development of, and production of oil, NGLs, natural gas and other activities within Canada. Market Optimization segment is primarily responsible for the sale of the Company’s production to third-party customers and enhancing the associated netback price. The segment’s activities also include third-party purchases and sales of product to provide operational flexibility.


NYSE:OVV - Post by User

Bullboard Posts
Post by marpincanon Sep 05, 2014 11:25pm
170 Views
Post# 22912081

Rig count and storage

Rig count and storage

Weekly Natural Gas Storage Report

for week ending August 29, 2014 | Released: September 4, 2014 at 10:30 a.m. | Next Release: September 11, 2014

Working gas in underground storage, lower 48 states Summary textCSVJSN
Historical Comparisons
Stocks
billion cubic feet (Bcf)
Year ago
(08/29/13)
5-Year average
(2009-2013)
Region 08/29/14 08/22/14 net change implied flow (Bcf) % change (Bcf) % change
East 1,462 1,403 59 59 1,592 -8.2 1,690 -13.5
West 426 416 10 10 505 -15.6 472 -9.7
Producing 821 811 10 10 1,083 -24.2 1,042 -21.2
Salt 211 210 1 1 261 -19.2 185 14.1
Nonsalt 610 601 9 9 822 -25.8 857 -28.8
Total 2,709 2,630 79 79 3,180 -14.8 3,204 -15.4

Summary

Working gas in storage was 2,709 Bcf as of Friday, August 29, 2014, according to EIA estimates. This represents a net increase of 79 Bcf from the previous week. Stocks were 471 Bcf less than last year at this time and 495 Bcf below the 5-year average of 3,204 Bcf. In the East Region, stocks were 228 Bcf below the 5-year average following net injections of 59 Bcf. Stocks in the Producing Region were 221 Bcf below the 5-year average of 1,042 Bcf after a net injection of 10 Bcf. Stocks in the West Region were 46 Bcf below the 5-year average after a net addition of 10 Bcf. At 2,709 Bcf, total working gas is below the 5-year historical range.

Working Gas in Underground Storage Compared with 5-Year Range

Note: The shaded area indicates the range between the historical minimum and maximum values for the weekly series from 2009 through 2013.
Source: Form EIA-912, "Weekly Underground Natural Gas Storage Report." The dashed vertical lines indicate current and year-ago weekly periods.

Rotary Rig Count
9/05/2014
Week Year
Location Week +/- Ago +/- Ago
Land 1847 9 1838 165 1682
Inland Waters 13 3 10 -7 20
Offshore 65 -1 66 0 65
United States Total 1925 11 1914 158 1767
Gulf Of Mexico 62 -1 63 0 62
Canada 414 5 409 25 389
North America 2339 16 2323 183 2156
U.S. Breakout Information This Week +/- Last Week +/- Year Ago
Oil 1584 9 1575 219 1365
Gas 340 2 338 -54 394
Miscellaneous 1 0 1 -7 8
Directional 224 14 210 -26 250
Horizontal 1333 3 1330 258 1075
Vertical 368 -6 374 -74 442
Canada Breakout Information This Week +/- Last Week +/- Year Ago
Oil 228 -3 231 -19 247
Gas 186 8 178 44 142
Miscellaneous 0 0 0 0 0
Major State Variances This Week +/- Last Week +/- Year Ago
Alaska 7 0 7 -7 14
Arkansas 12 1 11 -1 13
California 46 0 46 11 35
Colorado 74 -1 75 6 68
Kansas 23 -2 25 -4 27
Louisiana 117 0 117 6 111
New Mexico 96 2 94 22 74
North Dakota 183 0 183 15 168
Ohio 41 0 41 7 34
Oklahoma 213 1 212 43 170
Pennsylvania 57 2 55 6 51
Texas 907 7 900 69 838
Utah 23 0 23 -7 30
West Virginia 29 0 29 -7 36
Wyoming 57 1 56 8 49
Major Basin Variances This Week +/- Last Week +/- Year Ago
Ardmore Woodford 6 -1 7 -8 14
Arkoma Woodford 7 -1 8 3 4
Barnett 26 0 26 -6 32
Cana Woodford 37 3 34 11 26
DJ-Niobrara 62 -1 63 13 49
Eagle Ford 202 -1 203 -29 231
Fayetteville 9 1 8 -2 11
Granite Wash 68 3 65 -2 70
Haynesville 46 0 46 3 43
Marcellus 82 2 80 -4 86
Mississippian 78 -3 81 7 71
Permian 563 6 557 107 456
Utica 43 0 43 8 35
Williston 192 0 192 10 182
Bullboard Posts