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 Jul 08, 2016 7:07pm
216 Views
Post# 25037227

Rig count and storage

Rig count and storage
Count Overview & Summary Count
 

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. 8 July 2016 440 +9 1 July 2016 -423 10 July 2015
Canada 8 July 2016 81 +5 1 July 2016 -88 10 July 2015
International June 2016 927 -28 May 2016 -219 June 2015

  Rotary Rig Count    
 
 
               
  7/8/2016      
               
                   
Location Week +/- Week
Ago
+/- Year
Ago
           
Land 417 9 408 -410 827
Inland Waters 4 0 4 -1 5
Offshore 19 0 19 -12 31
United States Total 440 9 431 -423 863
           
Gulf Of Mexico 18 0 18 -13 31
           
Canada 81 5 76 -88 169
           
North America 521 14 507 -511 1032
                   
U.S. Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 351 10 341 -294 645
Gas 88 -1 89 -129 217
Miscellaneous 1 0 1 0 1
           
Directional 36 -2 38 -52 88
Horizontal 343 11 332 -311 654
Vertical 61 0 61 -60 121
           
                   
Canada Breakout Information This Week +/- Last Week +/- Year Ago
           
Oil 37 2 35 -54 91
Gas 43 3 40 -35 78
Miscellaneous 1 0 1 1 0
                   
Major State Variances This Week +/- Last Week +/- Year Ago
           
Alaska 8 0 8 -2 10
Arkansas 0 0 0 -4 4
California 5 0 5 -7 12
Colorado 19 0 19 -19 38
Kansas 1 -1 2 -9 10
Louisiana 43 1 42 -29 72
New Mexico 21 2 19 -28 49
North Dakota 28 2 26 -42 70
Ohio 12 0 12 -7 19
Oklahoma 59 1 58 -47 106
Pennsylvania 13 0 13 -32 45
Texas 201 3 198 -167 368
Utah 4 0 4 -3 7
West Virginia 11 0 11 -7 18
Wyoming 8 1 7 -13 21
                   
Major Basin Variances This Week +/- Last Week +/- Year Ago
           
Ardmore Woodford 0 0 0 -7 7
Arkoma Woodford 2 0 2 -4 6
Barnett 9 1 8 1 8
Cana Woodford 28 2 26 -5 33
DJ-Niobrara 15 1 14 -15 30
Eagle Ford 33 0 33 -69 102
Fayetteville 0 0 0 -4 4
Granite Wash 8 0 8 -7 15
Haynesville 17 0 17 -10 27
Marcellus 23 0 23 -39 62
Mississippian 5 1 4 -13 18
Permian 158 4 154 -81 239
Utica 12 0 12 -9 21
Williston 28 2 26 -43 71

Weekly Natural Gas Storage Report

for week ending July 1, 2016   |   Released: July 7, 2016 at 10:30 a.m.   |   Next Release: July 14, 2016

Working gas in underground storage, Lower 48 states Summary text CSV JSN
    Historical Comparisons
Stocks
billion cubic feet (Bcf)
  Year ago
(07/01/15)
5-year average
(2011-15)
Region 07/01/16 06/24/16 net change implied flow   Bcf % change Bcf % change
East 654     632     22     22       575     13.7     594     10.1    
Midwest 764     742     22     22       572     33.6     604     26.5    
Mountain 202     198     4     4       157     28.7     149     35.6    
Pacific 313     315     -2     -2       330     -5.2     303     3.3    
South Central 1,246     1,253     -7     -7       1,007     23.7     931     33.8    
   Salt 354     360     -6     -6       296     19.6     239     48.1    
   Nonsalt 893     893     0     0       711     25.6     692     29.0    
Total 3,179     3,140     39     39       2,641     20.4     2,580     23.2    

 

Summary

Working gas in storage was 3,179 Bcf as of Friday, July 1, 2016, according to EIA estimates. This represents a net increase of 39 Bcf from the previous week. Stocks were 538 Bcf higher than last year at this time and 599 Bcf above the five-year average of 2,580 Bcf. At 3,179 Bcf, total working gas is above the five-year historical range.

Working Gas in Underground Storage Compared with Five-Year Range

Note: The shaded area indicates the range between the historical minimum and maximum values for the weekly series from 2011 through 2015. The dashed vertical lines indicate current and year-ago weekly periods.

Bullboard Posts