INDUCED SEISMICITY

Some areas of North America are experiencing increasing seismicity near certain oil and natural gas operations. Although the occurrence and risk of seismicity is generally very low, Ovintiv has occasionally observed induced seismicity in our operations.

Our top priority is the safety of our operations and the surrounding communities. Ovintiv employs a multi-disciplinary team that has developed a robust induced seismicity hazard assessment and risk management framework. This framework has been successful in managing induced seismicity in and around our operating areas in both Canada and the United States.

Ovintiv also supports research efforts to inform the understanding and management of induced seismicity. We are proactively addressing seismic activity through partnerships with independent research institutions and regulatory agencies to minimize any associated or perceived risks.

Ovintiv Induced Seismicity Risk Management Framework

Planning

Identify, assess and plan for geohazards that could increase the risk of seismicity

Mitigation

Based on the identified geohazards, manage and mitigate the associated risk of seismicity

Monitoring

Utilize adequate seismic monitoring to manage atypical seismicity according to area-specific regulatory thresholds (traffic light protocol)

Portfolio Evaluation

Adhere to prescribed regulatory requirements associated with produced water disposal and hydraulic fracturing operations