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Ovintiv Anadarko Basin Asset Sale

Sector: Natural Gas • Location: Oklahoma, United States

Source: RBN Energy

Project
Planned

Ovintiv entered into a definitive agreement to sell its Anadarko Basin assets in Oklahoma to an undisclosed buyer for $3 billion in cash. The transaction involves about 360,000 net acres and 90 Mboe/d of production, including oil, natural gas, and NGLs. The sale is expected to close early in Q2 2026 and is part of Ovintiv's portfolio transformation to focus on the Permian and Montney basins.

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The project “Ovintiv Anadarko Basin Asset Sale” is an infrastructure initiative in the Natural Gas sector, located in Oklahoma, United States. Taiyo aggregates data on it from RBN Energy.

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planned

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Description

Description

Ovintiv entered into a definitive agreement to sell its Anadarko Basin assets in Oklahoma to an undisclosed buyer for $3 billion in cash. The transaction involves about 360,000 net acres and 90 Mboe/d of production, including oil, natural gas, and NGLs. The sale is expected to close early in Q2 2026 and is part of Ovintiv's portfolio transformation to focus on the Permian and Montney basins.

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