Geoff Jay's questions to Ovintiv Inc (OVV) leadership • Q3 2024
Question
Geoff Jay of Daniel Energy Partners asked about the use of Trimulfrac technology, noting it was used in 60% of Permian completions, and questioned if this rate was a good go-forward assumption for 2025 or if there was further upside.
Answer
Executive Brendan McCracken confirmed that 60% is a 'decent place to start' for 2025 planning. He noted that the company has progressively increased its use of Trimulfrac throughout the year and, while final plans are not set, it represents a reasonable baseline for the next year's program.