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 Dec 21, 2014 8:25am
191 Views
Post# 23253584

Rig count and storage

Rig count and storage

Weekly Natural Gas Storage Report

for week ending December 12, 2014 | Released: December 18, 2014 at 10:30 a.m. | Next Release: December 24, 2014

Working gas in underground storage, lower 48 states Summary textCSVJSN
Historical Comparisons
Stocks
billion cubic feet (Bcf)
Year ago
(12/12/13)
5-Year average
(2009-2013)
Region 12/12/14 12/05/14 net change implied flow (Bcf) % change (Bcf) % change
East 1,725 1,780 -55 -55 1,702 1.4 1,887 -8.6
West 471 470 1 1 458 2.8 484 -2.7
Producing 1,099 1,109 -10 -10 1,129 -2.7 1,182 -7.0
Salt 325 323 2 2 282 15.2 249 30.5
Nonsalt 774 787 -13 -13 848 -8.7 933 -17.0
Total 3,295 3,359 -64 -64 3,289 0.2 3,553 -7.3

Summary

Working gas in storage was 3,295 Bcf as of Friday, December 12, 2014, according to EIA estimates. This represents a net decline of 64 Bcf from the previous week. Stocks were 6 Bcf higher than last year at this time and 258 Bcf below the 5-year average of 3,553 Bcf. In the East Region, stocks were 162 Bcf below the 5-year average following net withdrawals of 55 Bcf. Stocks in the Producing Region were 83 Bcf below the 5-year average of 1,182 Bcf after a net withdrawal of 10 Bcf. Stocks in the West Region were 13 Bcf below the 5-year average after a net addition of 1 Bcf. At 3,295 Bcf, total working gas is within 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
12/19/2014
Week Year
Location Week +/- Ago +/- Ago
Land 1805 -15 1820 118 1687
Inland Waters 12 -1 13 -8 20
Offshore 58 -2 60 -3 61
United States Total 1875 -18 1893 107 1768
Gulf Of Mexico 56 -2 58 -3 59
Canada 391 -40 431 -7 398
North America 2266 -58 2324 100 2166
U.S. Breakout Information This Week +/- Last Week +/- Year Ago
Oil 1536 -10 1546 141 1395
Gas 338 -8 346 -34 372
Miscellaneous 1 0 1 0 1
Directional 195 -1 196 -28 223
Horizontal 1356 -11 1367 216 1140
Vertical 324 -6 330 -81 405
Canada Breakout Information This Week +/- Last Week +/- Year Ago
Oil 190 -25 215 -37 227
Gas 201 -15 216 30 171
Miscellaneous 0 0 0 0 0
Major State Variances This Week +/- Last Week +/- Year Ago
Alaska 11 1 10 4 7
Arkansas 12 3 9 1 11
California 45 0 45 10 35
Colorado 68 0 68 4 64
Kansas 30 2 28 -1 31
Louisiana 110 -3 113 -1 111
New Mexico 103 2 101 25 78
North Dakota 172 -7 179 -1 173
Ohio 45 -2 47 10 35
Oklahoma 205 -6 211 31 174
Pennsylvania 55 1 54 0 55
Texas 868 -4 872 23 845
Utah 23 0 23 0 23
West Virginia 31 -2 33 -5 36
Wyoming 58 0 58 5 53
Major Basin Variances This Week +/- Last Week +/- Year Ago
Ardmore Woodford 6 0 6 -7 13
Arkoma Woodford 5 0 5 0 5
Barnett 26 3 23 -7 33
Cana Woodford 45 2 43 10 35
DJ-Niobrara 59 -1 60 10 49
Eagle Ford 206 2 204 -23 229
Fayetteville 9 3 6 0 9
Granite Wash 55 -2 57 1 54
Haynesville 42 -1 43 0 42
Marcellus 82 -1 83 -6 88
Mississippian 73 -1 74 -3 76
Permian 539 -9 548 63 476
Utica 48 -2 50 10 38
Williston 181 -7 188 -2 183

Bullboard Posts