GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ovintiv Inc (FRA:47Q) » Definitions » Dry Hole Expense (USD Mil)

Ovintiv (FRA:47Q) Dry Hole Expense (USD Mil) : 0.00 (As of . 20)


View and export this data going back to . Start your Free Trial

What is Ovintiv Dry Hole Expense (USD Mil)?

Dry Hole Expense (USD Mil) means the cost incurred to drill an exploratory or developmental well that was found to be incapable of producing sufficient oil or gas to justify completion as an oil or gas well.

The historical rank and industry rank for Ovintiv's Dry Hole Expense (USD Mil) or its related term are showing as below:

FRA:47Q's Dry Hole Expense (USD Mil) is not ranked *
in the Oil & Gas industry.
Industry Median:
* Ranked among companies with meaningful Dry Hole Expense (USD Mil) only.

Ovintiv Dry Hole Expense (USD Mil) Historical Data

The historical data trend for Ovintiv's Dry Hole Expense (USD Mil) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ovintiv Dry Hole Expense (USD Mil) Chart



Ovintiv  (FRA:47Q) Dry Hole Expense (USD Mil) Explanation

Dry Hole Expense (USD Mil) means the cost incurred to drill an exploratory or developmental well that was found to be incapable of producing sufficient oil or gas to justify completion as an oil or gas well. It includes all costs including drilling the well and testing for the presence of hydrocarbons,as well as the costs for leasing land, seismic purchase and reprocessing.


Ovintiv Dry Hole Expense (USD Mil) Related Terms

Thank you for viewing the detailed overview of Ovintiv's Dry Hole Expense (USD Mil) provided by GuruFocus.com. Please click on the following links to see related term pages.


Ovintiv (FRA:47Q) Business Description

Industry
Traded in Other Exchanges
Address
370 - 17th Street, Suite 1700, Denver, CO, USA, 80202
Ovintiv is an independent oil and gas producer with key assets in the Permian, Eagle Ford, Montney, and Duvernay areas. At the end of 2019, the company reported net proven reserves of 1,348 million barrels of oil equivalent. Net production averaged 543 thousand barrels of oil equivalent per day in 2020 at a ratio of 53% oil and natural gas liquids and 47% natural gas.

Ovintiv (FRA:47Q) Headlines

No Headlines