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Market Optimization
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Ovintiv Inc. explores for and produces oil, gas, and NGLs in the U.S. and Canada. It operates through three segments: USA Operations, Canadian Operations, and Market Optimization. The company's principal assets are Permian in West Texas and Anadarko in West-Central Oklahoma; Montney in Northeast British Columbia and Northwest Alberta; Central region consisting of Rock Creek, East Texas, and Mississippi Lime; Granite Wash in the Mid-Continent; Viking/Spearfish in Western Canada; Eagle Ford Shale, Haynesville Shale, Piceance Basin/Mancos, Texas Barnett Shale, Big Horn Basin/Powder River Basin/Williston Basin; Marcellus Shale mainly located in Southwest Pennsylvania, Eastern Ohio, Northern West Virginia and Western New York State; Mississippian Lime primarily located in Western Oklahoma and Southern Kansas; San Juan in Northwest New Mexico; Appalachia region with operations primarily located in the Utica Shale across a four-state area including Southeast Ohio stretching into Southwest Pennsylvania, Northern West Virginia and Western New York State.
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🇨🇦 Canada