Ovintiv’s first quarter 2026 results point to a clear infrastructure story: the company is increasingly concentrated around two core North American basins, Permian oil and Montney gas.
The company reported Q1 2026 production of 679 MBOE/d, including 221 MBOE/d from the Permian and 365 MBOE/d from the Montney. That makes the Permian and Montney the center of Ovintiv’s operating footprint.
The map powered by Energy DataLink shows how that strategy looks geographically. In the Permian, Ovintiv’s operated oil wells sit within a liquids-rich position connected to both crude oil infrastructure and large-diameter natural gas takeaway corridors. In the Montney, the company’s operated gas wells and processing plants form a larger gas-focused system tied into major regional pipeline corridors.
The portfolio shift is also visible in the company’s recent transactions. Ovintiv closed the NuVista acquisition, adding approximately 100 MBOE/d of production, 930 net 10,000-foot equivalent well locations, and about 140,000 net acres, further deepening its Montney position. The company also sold its Anadarko assets, reinforcing the move toward a more focused Permian and Montney asset base.
Rather than showing every Ovintiv asset, the map highlights the infrastructure around the two basins that now define the company’s growth story: operated wells, processing plants, major crude oil pipelines, and major natural gas transmission corridors.
Why it matters
Ovintiv’s production profile is now heavily centered on the Permian and Montney.
● Ovintiv’s production profile is now heavily centered on the Permian and Montney.
● The Permian remains the company’s main U.S. liquids position.
● The Montney provides scale in natural gas, supported by Ovintiv processing plants and regional pipeline access.
● The NuVista acquisition expands Ovintiv’s Montney position and inventory depth.
● The map shows how wells, processing plants, crude oil pipelines, and natural gas takeaway corridors support the company’s two-basin strategy.
What the map shows
A two-basin view of Ovintiv’s core North American operating footprint.
● Ovintiv operated oil wells
● Ovintiv operated gas wells
● Ovintiv processing plants
● Major crude oil pipelines
● Major natural gas transmission pipelines greater than 30 inches
● Permian Basin
● Montney Basin
A deeper dive with DataLink
Using Rextag Energy DataLink, users can:
● compare Ovintiv’s Permian and Montney operating footprint
● map operated oil and gas wells against nearby crude oil and natural gas pipeline infrastructure
● review processing plant locations around Montney gas development
● evaluate infrastructure access around core upstream positions
● build basin-level infrastructure views for upstream, midstream, and investment analysis
