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.

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 May 22, 2015 8:43pm
145 Views
Post# 23756566

Rig count and storage

Rig count and storage

Rig Count Overview & Summary Count

Area Last Count Count Change from Prior Count Date of Prior Count Change from Last Year Date of Last Year's Count
U.S. 22 May 2015 885 -3 15 May 2015 -972 22 May 2014
Canada 22 May 2015 72 -5 15 May 2015 -82 22 May 2014
International April 2015 1202 -49 March 2015 -147 April 2014

Rotary Rig Count
5/22/2015
Location Week +/- Week
Ago
+/- Year
Ago
Land 853 3 850 -930 1783
Inland Waters 3 -1 4 -11 14
Offshore 29 -5 34 -31 60
United States Total 885 -3 888 -972 1857
Gulf Of Mexico 28 -5 33 -30 58
Canada 72 -5 77 -82 154
North America 957 -8 965 -1054 2011
U.S. Breakout Information This Week +/- Last Week +/- Year Ago
Oil 659 -1 660 -869 1528
Gas 222 -1 223 -103 325
Miscellaneous 4 -1 5 0 4
Directional 85 -4 89 -120 205
Horizontal 683 -2 685 -560 1243
Vertical 117 3 114 -292 409
Canada Breakout Information This Week +/- Last Week +/- Year Ago
Oil 24 3 21 -41 65
Gas 48 -8 56 -41 89
Miscellaneous 0 0 0 0 0
Major State Variances This Week +/- Last Week +/- Year Ago
Alaska 9 0 9 -1 10
Arkansas 8 2 6 -3 11
California 13 0 13 -35 48
Colorado 39 0 39 -27 66
Kansas 13 -1 14 -19 32
Louisiana 69 -4 73 -45 114
New Mexico 47 3 44 -40 87
North Dakota 78 -1 79 -96 174
Ohio 23 -1 24 -16 39
Oklahoma 104 1 103 -87 191
Pennsylvania 49 3 46 -11 60
Texas 373 0 373 -516 889
Utah 7 0 7 -20 27
West Virginia 18 -3 21 -7 25
Wyoming 22 0 22 -23 45
Major Basin Variances This Week +/- Last Week +/- Year Ago
Ardmore Woodford 6 0 6 1 5
Arkoma Woodford 6 0 6 0 6
Barnett 5 0 5 -22 27
Cana Woodford 34 -1 35 10 24
DJ-Niobrara 30 0 30 -24 54
Eagle Ford 107 -1 108 -106 213
Fayetteville 8 2 6 -1 9
Granite Wash 15 -1 16 -48 63
Haynesville 27 0 27 -17 44
Marcellus 66 0 66 -17 83
Mississippian 22 0 22 -53 75
Permian 233 0 233 -314 547
Utica 24 -1 25 -17 41
Williston 78 -1 79 -105 183

Weekly Natural Gas Storage Report

for week ending May 15, 2015 | Released: May 21, 2015 at 10:30 a.m. | Next Release: May 28, 2015

Working gas in underground storage, lower 48 states Summary textCSVJSN
Historical Comparisons
Stocks
billion cubic feet (Bcf)
Year ago
(05/15/14)
5-Year average
(2010-2014)
Region 05/15/15 05/08/15 net change implied flow (Bcf) % change (Bcf) % change
East 742 687 55 55 513 44.6 888 -16.4
West 382 376 6 6 229 66.8 321 19.0
Producing 865 834 31 31 509 69.9 815 6.1
Salt 251 243 8 8 138 81.9 186 34.9
Nonsalt 614 591 23 23 371 65.5 629 -2.4
Total 1,989 1,897 92 92 1,251 59.0 2,024 -1.7

Summary

Working gas in storage was 1,989 Bcf as of Friday, May 15, 2015, according to EIA estimates. This represents a net increase of 92 Bcf from the previous week. Stocks were 738 Bcf higher than last year at this time and 35 Bcf below the 5-year average of 2,024 Bcf. In the East Region, stocks were 146 Bcf below the 5-year average following net injections of 55 Bcf. Stocks in the Producing Region were 50 Bcf above the 5-year average of 815 Bcf after a net injection of 31 Bcf. Stocks in the West Region were 61 Bcf above the 5-year average after a net addition of 6 Bcf. At 1,989 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 2010 through 2014.
Source: Form EIA-912, "Weekly Underground Natural Gas Storage Report." The dashed vertical lines indicate current and year-ago weekly periods.

Bullboard Posts