PERMIAN BASIN

The Permian Basin is one of the largest known oil deposits in the U.S. with multiple benches of oil-saturated rock. Ovintiv’s acreage is located in the prolific, oil-rich Midland Basin in Texas. Our primary focus is on the development of the Spraberry and Wolfcamp formations in the Midland Basin, where Ovintiv holds a large position. Leading in cycle times and water management operational practices, we continue to deliver improved well results with superior capital efficiencies.