Ovintiv Inc OVV

Alternate Symbol(s): T.OVV

Energy Oil & Gas E&P

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

Ovintiv Inc

Bullboard Posts

Post by marpincanon Nov 27, 2017 11:05am

75 Views

Post# 27037768

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 November 2017	923	+8	17 November 2017	+330	23 November 2016
Canada	22 November 2017	215	+7	17 November 2017	+41	23 November 2016
International	October 2017	951	+20	September 2017	+31	October 2016


Land	900	7	893	332	568
Inland Waters	1	0	1	-1	2
Offshore	22	1	21	-1	23
United States Total	923	8	915	330	593

Gulf Of Mexico	22	1	21	-1	23

Canada	215	7	208	41	174

North America	1138	15	1123	371	767

U.S. Breakout Information	This Week	+/-	Last Week	+/-	Year Ago

Oil	747	9	738	273	474
Gas	176	-1	177	58	118
Miscellaneous	0	0	0	-1	1

Directional	71	-5	76	19	52
Horizontal	786	10	776	311	475
Vertical	66	3	63	0	66


Canada Breakout Information	This Week	+/-	Last Week	+/-	Year Ago

Oil	107	-2	109	13	94
Gas	108	9	99	30	78
Miscellaneous	0	0	0	-2	2

Major State Variances	This Week	+/-	Last Week	+/-	Year Ago

Alaska	5	0	5	-2	7
Arkansas	0	0	0	-1	1
California	14	0	14	8	6
Colorado	37	1	36	15	22
Louisiana	63	1	62	11	52
New Mexico	69	1	68	40	29
North Dakota	46	0	46	13	33
Ohio	30	0	30	12	18
Oklahoma	122	0	122	43	79
Pennsylvania	31	0	31	2	29
Texas	450	1	449	171	279
Utah	11	-1	12	6	5
West Virginia	12	0	12	2	10
Wyoming	25	4	21	12	13

Major Basin Variances	This Week	+/-	Last Week	+/-	Year Ago

Ardmore Woodford	1	0	1	1	0
Arkoma Woodford	8	0	8	3	5
Barnett	5	0	5	3	2
Cana Woodford	73	-1	74	35	38
DJ-Niobrara	26	1	25	6	20
Eagle Ford	67	0	67	29	38
Fayetteville	0	0	0	-1	1
Granite Wash	10	0	10	-1	11
Haynesville	40	0	40	17	23
Marcellus	42	0	42	4	38
Mississippian	5	0	5	1	4
Permian	393	2	391	165	228
Utica	30	0	30	11	19
Williston	47	0	47	14	33

Weekly Natural Gas Storage Report

for week ending November 17, 2017 | Released: November 22, 2017 at 12:00 p.m. | Next Release: November 30, 2017

Working gas in underground storage, Lower 48 states Summary text CSV JSN
					Historical Comparisons
	Stocks billion cubic feet (Bcf)				Year ago (11/17/16)		5-year average (2012-16)
Region	11/17/17	11/10/17	net change	implied flow	Bcf	% change	Bcf	% change
East	891	915	-24	-24	936	-4.8	916	-2.7
Midwest	1,090	1,108	-18	-18	1,153	-5.5	1,091	-0.1
Mountain	220	220	0	0	259	-15.1	219	0.5
Pacific	314	315	-1	-1	328	-4.3	362	-13.3
South Central	1,211	1,214	-3	-3	1,369	-11.5	1,259	-3.8
Salt	340	341	-1	-1	396	-14.1	347	-2.0
Nonsalt	871	873	-2	-2	973	-10.5	912	-4.5
Total	3,726	3,772	-46	-46	4,045	-7.9	3,847	-3.1

Summary

Working gas in storage was 3,726 Bcf as of Friday, November 17, 2017, according to EIA estimates. This represents a net decrease of 46 Bcf from the previous week. Stocks were 319 Bcf less than last year at this time and 121 Bcf below the five-year average of 3,847 Bcf. At 3,726 Bcf, total working gas is within the five-year historical range.

For information on sampling error in this report, see Estimated Measures of Sampling Variability table below.

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 2012 through 2016. The dashed vertical lines indicate current and year-ago weekly periods.

Estimated measures of sampling variabilityDownload History (April 2015 to Present)

	Coefficient of Variation for Stocks % of working gas		Standard Error for Net Change billion cubic feet (Bcf)
Region	11/17/17	11/10/17	net change
East	1.5	1.4	0.3
Midwest	1.7	1.7	2.0
Mountain	1.8	1.8	0.2
Pacific	2.4	2.2	1.1
South Central	1.7	1.7	0.7
Salt	3.5	3.5	0.2
Nonsalt	1.9	1.9	0.7
Total	0.8	0.8	2.4