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Discontinued — last reported Q4 '25

Geographic · Previously Estimated Development Costs Incurred

US — Previously Estimated Development Costs Incurred

Ovintiv US — Previously Estimated Development Costs Incurred remained flat by 0.0% to $388.75M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 15.9%, from $462.5M to $388.75M. Over 4 years (FY 2021 to FY 2025), US — Previously Estimated Development Costs Incurred shows an upward trend with a 8.1% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2017
Last reportedQ4 2025Feb 23, 2026

How to read this metric

Lower costs relative to original estimates indicate strong capital discipline and operational efficiency.

Detailed definition

This metric tracks the actual capital expenditures incurred during the period to develop proved oil and gas reserves tha...

Peer comparison

Standard capital expenditure tracking for E&P companies.

Metric ID: ovv_segment_us_previously_estimated_development_costs_incurred

Historical Data

5 years
 FY'21FY'22FY'23FY'24FY'25
Value$1.14B$1.48B$2.18B$1.85B$1.56B
YoY Change+29.5%+48.1%-15.3%-15.9%
Range$1.14B$2.18B
CAGR+8.1%
Avg YoY Growth+11.6%
Median YoY Growth+7.1%
Current Streak2 years decline

Frequently Asked Questions

What is Ovintiv's us — previously estimated development costs incurred?
Ovintiv (OVV) reported us — previously estimated development costs incurred of $388.75M in Q4 2025.
How has Ovintiv's us — previously estimated development costs incurred changed year-over-year?
Ovintiv's us — previously estimated development costs incurred decreased by 15.9% year-over-year, from $462.5M to $388.75M.
What is the long-term trend for Ovintiv's us — previously estimated development costs incurred?
Over 4 years (2021 to 2025), Ovintiv's us — previously estimated development costs incurred has grown at a 8.1% compound annual growth rate (CAGR), from $1.14B to $1.56B.
What does us — previously estimated development costs incurred mean?
Actual capital spent on developing oil and gas projects that were previously planned.