OVV Profile
Ovintiv Inc., alongside its subsidiaries, operates in the exploration, development, production, and marketing of natural gas, oil, and natural gas liquids. The company is structured into three main segments: USA Operations, Canadian Operations, and Market Optimization. Ovintiv's key assets include significant holdings in the Permian Basin located in west Texas, the Anadarko Basin in west-central Oklahoma, and the Montney Formation spanning northeast British Columbia and northwest Alberta.
In addition to these core assets, Ovintiv maintains upstream operations in other strategic regions such as the Bakken Formation in North Dakota, the Uinta Basin in central Utah, and the Horn River and Wheatland areas in British Columbia and Alberta, respectively. These assets collectively contribute to the company's robust portfolio in North America's prominent oil and gas regions.
Formerly known as Encana Corporation, the company rebranded as Ovintiv Inc. in January 2020. Ovintiv was established with a focus on enhancing operational efficiencies and maximizing resource development capabilities across its diversified asset base. Headquartered in Denver, Colorado, Ovintiv continues to leverage its extensive experience and technological innovation to drive sustainable growth in the energy sector.
|
