Ovintiv Inc OVV

Rig count and storage

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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.	7 October 2016	524	+2	30 September 2016	-271	9 October 2015
Canada	7 October 2016	165	+3	30 September 2016	-15	9 October 2015
International	September 2016	934	-3	August 2016	-206	September 2015

	Rotary Rig Count
	10/7/2016
Location		Week	+/-	Week Ago		+/-		Year Ago
Land		500	3	497		-260		760
Inland Waters		1	-2	3		-2		3
Offshore		23	1	22		-9		32
United States Total		524	2	522		-271		795
Gulf Of Mexico		22	1	21		-9		31
Canada		165	3	162		-15		180
North America		689	5	684		-286		975
U.S. Breakout Information		This Week	+/-	Last Week		+/-		Year Ago
Oil		428	3	425		-177		605
Gas		94	-2	96		-95		189
Miscellaneous		2	1	1		1		1
Directional		50	-1	51		-33		83
Horizontal		413	6	407		-185		598
Vertical		61	-3	64		-53		114
Canada Breakout Information		This Week	+/-	Last Week		+/-		Year Ago
Oil		87	3	84		13		74
Gas		78	0	78		-28		106
Major State Variances		This Week	+/-	Last Week		+/-		Year Ago

Weekly Natural Gas Storage Report

for week ending September 30, 2016 | Released: October 6, 2016 at 10:30 a.m. | Next Release: October 13, 2016

Working gas in underground storage, Lower 48 states Summary textCSVJSN
														Historical Comparisons
	Stocks billion cubic feet (Bcf)													Year ago (09/30/15)						5-year average (2011-15)
Region	09/30/16			09/23/16			net change			implied flow				Bcf			% change			Bcf			% change
East	899			874			25			25				856			5.0			860			4.5
Midwest	1,045			1,014			31			31				975			7.2			982			6.4
Mountain	237			233			4			4				205			15.6			197			20.3
Pacific	318			318			0			0				358			-11.2			343			-7.3
South Central	1,181			1,161			20			20				1,213			-2.6			1,091			8.2
Salt	289			275			14			14				328			-11.9			257			12.5
Nonsalt	893			885			8			8				885			0.9			834			7.1
Total	3,680			3,600			80			80				3,606			2.1			3,475			5.9

Summary

Working gas in storage was 3,680 Bcf as of Friday, September 30, 2016, according to EIA estimates. This represents a net increase of 80 Bcf from the previous week. Stocks were 74 Bcf higher than last year at this time and 205 Bcf above the five-year average of 3,475 Bcf. At 3,680 Bcf, total working gas is above the five-year historical 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.