XML 91 R62.htm IDEA: XBRL DOCUMENT
v3.25.4

Compensation Plans (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2025
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
Amounts Recognized For Share-Based Payment Transactions | The Company has recognized the following share-based compensation costs:
For the years ended December 31 |  | 2025 |  |  | 2024 |  |  | 2023 |
Total Compensation Costs of Transactions Classified as Cash-Settled |  | $ | (1 | ) |  | $ | (1 | ) |  | $ | (22 | )
Total Compensation Costs of Transactions Classified as Equity-Settled |  |  | 80 |  |  |  | 92 |  |  |  | 98 |
Less: Total Share-Based Compensation Costs Capitalized |  |  | (22 | ) |  |  | (25 | ) |  |  | (29 | )
Total Share-Based Compensation Expense (Recovery) |  | $ | 57 |  |  | $ | 66 |  |  | $ | 47 |
Recognized in the Consolidated Statement of Earnings in: |  |  |  |  |  |  |  |  |
Operating |  | $ | 21 |  |  | $ | 26 |  |  | $ | 25 |
Administrative |  |  | 36 |  |  |  | 40 |  |  |  | 22 |
|  | $ | 57 |  |  | $ | 66 |  |  | $ | 47 |
Schedule of Nonvested Performance Based Units Activity |
As at December 31 |  | 2025 |  |  |  | 2024 |
U.S. Dollar Denominated Outstanding PSUs |  | Units (thousands) |  |  | Weighted Average Grant Date Fair Value (US$) |  |  |  | Units (thousands) |  |  | Weighted Average Grant Date Fair Value (US$) |
Unvested and Outstanding, Beginning of Year |  |  | 943 |  |  |  | 46.86 |  |  |  |  | 1,307 |  |  |  | 33.91 |
Granted |  |  | 426 |  |  |  | 39.68 |  |  |  |  | 416 |  |  |  | 43.90 |
Vested and Released (1) |  |  | (319 | ) |  |  | 46.67 |  |  |  |  | (761 | ) |  |  | 23.08 |
Units, in Lieu of Dividends |  |  | 30 |  |  |  | 43.90 |  |  |  |  | 28 |  |  |  | 46.13 |
Forfeited |  |  | (51 | ) |  |  | 46.17 |  |  |  |  | (47 | ) |  |  | 44.80 |
Unvested and Outstanding, End of Year |  |  | 1,029 |  |  |  | 43.89 |  |  |  |  | 943 |  |  |  | 46.86 |
As at December 31 |  | 2025 |  |  |  | 2024 |
Canadian Dollar Denominated Outstanding PSUs |  | Units (thousands) |  |  | Weighted Average Grant Date Fair Value (C$) |  |  |  | Units (thousands) |  |  | Weighted Average Grant Date Fair Value (C$) |
Unvested and Outstanding, Beginning of Year |  |  | 365 |  |  |  | 62.10 |  |  |  |  | 487 |  |  |  | 45.30 |
Granted |  |  | 159 |  |  |  | 56.32 |  |  |  |  | 149 |  |  |  | 59.49 |
Vested and Released (1) |  |  | (145 | ) |  |  | 59.02 |  |  |  |  | (259 | ) |  |  | 29.04 |
Units, in Lieu of Dividends |  |  | 11 |  |  |  | 60.85 |  |  |  |  | 10 |  |  |  | 62.10 |
Forfeited |  |  | (26 | ) |  |  | 60.81 |  |  |  |  | (22 | ) |  |  | 62.40 |
Unvested and Outstanding, End of Year |  |  | 364 |  |  |  | 60.85 |  |  |  |  | 365 |  |  |  | 62.10 |
(1) During the year ended December 31, 2025, performance shares that vested and were cash-settled resulted in payments of $17 million (2024 ‑ $36 million; 2023 - $22 million).
Schedule of Outstanding Deferred Share Units |
(thousands of units) |  | U.S. Dollar Denominated Outstanding DSUs |  |  | Canadian Dollar Denominated Outstanding DSUs |
As at December 31 |  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
Vested and Outstanding, Beginning of Year |  |  | 24 |  |  |  | 18 |  |  |  | 146 |  |  |  | 147 |
Granted |  |  | 5 |  |  |  | 5 |  |  |  | 2 |  |  |  | 2 |
Converted from Bonus Awards |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Units, in Lieu of Dividends |  |  | - |  |  |  | 1 |  |  |  | 4 |  |  |  | 4 |
Redeemed (1) |  |  | (2 | ) |  |  | - |  |  |  | (34 | ) |  |  | (7 | )
Vested and Outstanding, End of Year (2) |  |  | 27 |  |  |  | 24 |  |  |  | 118 |  |  |  | 146 |
(1) During the year ended December 31, 2025, deferred shares that vested and were cash-settled resulted in payments of $2 million (2024 ‑ nil; 2023 ‑ $2 million). (2) The intrinsic value of deferred shares outstanding at December 31, 2025, was $6 million (2024 - $7 million).
Schedule of Share-based Compensation, Restricted Stock Units Award Activity |
As at December 31 |  | 2025 |  |  |  | 2024 |
U.S. Dollar Denominated Outstanding RSUs |  | Units (thousands) |  |  | Weighted Average Grant Date Fair Value (US$) |  |  |  | Units (thousands) |  |  | Weighted Average Grant Date Fair Value (US$) |
Unvested and Outstanding, Beginning of Year |  |  | 1,878 |  |  |  | 47.24 |  |  |  |  | 2,225 |  |  |  | 39.11 |
Granted |  |  | 1,131 |  |  |  | 38.78 |  |  |  |  | 1,050 |  |  |  | 49.30 |
Units, in Lieu of Dividends |  |  | 58 |  |  |  | 42.83 |  |  |  |  | 55 |  |  |  | 47.06 |
Vested and Released (1) |  |  | (903 | ) |  |  | 46.31 |  |  |  |  | (1,269 | ) |  |  | 34.87 |
Forfeited |  |  | (197 | ) |  |  | 45.77 |  |  |  |  | (183 | ) |  |  | 46.61 |
Unvested and Outstanding, End of Year |  |  | 1,967 |  |  |  | 42.82 |  |  |  |  | 1,878 |  |  |  | 47.24 |
As at December 31 |  | 2025 |  |  |  | 2024 |
Canadian Dollar Denominated Outstanding RSUs |  | Units (thousands) |  |  | Weighted Average Grant Date Fair Value (C$) |  |  |  | Units (thousands) |  |  | Weighted Average Grant Date Fair Value (C$) |
Unvested and Outstanding, Beginning of Year |  |  | 798 |  |  |  | 63.47 |  |  |  |  | 982 |  |  |  | 51.93 |
Granted |  |  | 486 |  |  |  | 55.89 |  |  |  |  | 420 |  |  |  | 67.13 |
Units, in Lieu of Dividends |  |  | 26 |  |  |  | 59.96 |  |  |  |  | 23 |  |  |  | 63.43 |
Vested and Released (1) |  |  | (409 | ) |  |  | 61.92 |  |  |  |  | (550 | ) |  |  | 45.80 |
Forfeited |  |  | (33 | ) |  |  | 60.52 |  |  |  |  | (77 | ) |  |  | 63.12 |
Unvested and Outstanding, End of Year |  |  | 868 |  |  |  | 59.96 |  |  |  |  | 798 |  |  |  | 63.47 |
(1) During the year ended December 31, 2025, restricted shares that vested and were cash-settled resulted in payments of $5 million (2024 ‑ $7 million; 2023 - $18 million).
Stock Appreciation Rights (SARs) |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
Schedule of Share-based Compensation, Stock Appreciation Rights Award Activity | The following table summarizes information related to the U.S. dollar denominated SARs:
As at December 31 |  | 2025 |  |  | 2024 |
|  | Outstanding SARs (thousands of units) |  |  | Weighted Average Exercise Price (US$) |  |  | Weighted Average Remaining Contractual Life (Years) |  |  | Outstanding SARs (thousands of units) |  |  | Weighted Average Exercise Price (US$) |  |  | Weighted Average Remaining Contractual Life (Years) |
Outstanding, Beginning of Year |  |  | 348 |  |  |  | 40.91 |  |  |  | 0.9 |  |  |  | 496 |  |  |  | 44.77 |  |  |  |
Granted |  |  | - |  |  |  | - |  |  |  |  |  |  | - |  |  |  | - |  |  |  |
Exercised (1) |  |  | (138 | ) |  |  | 33.72 |  |  |  |  |  |  | (31 | ) |  |  | 35.80 |  |  |  |
Forfeited |  |  | - |  |  |  | - |  |  |  |  |  |  | (5 | ) |  |  | 54.35 |  |  |  |
Expired |  |  | (116 | ) |  |  | 54.82 |  |  |  |  |  |  | (112 | ) |  |  | 58.75 |  |  |  |
Outstanding, End of Year (2) |  |  | 94 |  |  |  | 34.36 |  |  |  | 0.2 |  |  |  | 348 |  |  |  | 40.91 |  |  |  | 0.9 |
Vested and Exercisable, End of Year (3) |  |  | 94 |  |  |  | 34.36 |  |  |  | 0.2 |  |  |  | 348 |  |  |  | 40.91 |  |  |  | 0.9 |
(1) The intrinsic value of option awards exercised and cash-settled during 2025 was $1 million (2024 - nil; 2023 - $1 million). (2) The intrinsic value of option awards outstanding at December 31, 2025, was nil (2024 - $2 million). (3) The intrinsic value of option awards vested and exercisable at December 31, 2025, was nil (2024 - $2 million).
Schedule of Weighted Average Assumptions Used to Fair Value Share Units | The following weighted average assumptions were used to determine the fair value of SARs outstanding:
|  | US$ Share Units
As at December 31 |  | 2025 |  | 2024 |  | 2023
Risk Free Interest Rate |  | 2.55% |  | 2.92% |  | 3.95%
Dividend Yield |  | 3.06% |  | 2.96% |  | 2.73%
Expected Volatility Rate (1) |  | 39.57% |  | 46.02% |  | 52.32%
Expected Term |  | 0.2 yrs |  | 0.7 yrs |  | 1.1 yrs
Market Share Price |  | US$39.19 |  | US$40.50 |  | US$43.92
Weighted Average Grant Date Fair Value |  | US$34.36 |  | US$40.91 |  | US$44.77
(1) Volatility was estimated using historical rates.
Tandem Stock Appreciation Rights (TSARs) [Member] |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
Schedule of Share-based Compensation, Stock Appreciation Rights Award Activity | The following table summarizes information related to the TSARs:
As at December 31 |  | 2025 |  |  | 2024 |
|  | Outstanding TSARs (thousands of units) |  |  | Weighted Average Exercise Price (C$) |  |  | Weighted Average Remaining Contractual Life (Years) |  |  | Outstanding TSARs (thousands of units) |  |  | Weighted Average Exercise Price (C$) |  |  | Weighted Average Remaining Contractual Life (Years) |
Outstanding, Beginning of Year |  |  | 160 |  |  |  | 54.84 |  |  |  | 0.8 |  |  |  | 262 |  |  |  | 62.45 |  |  |  |
Granted |  |  | - |  |  |  | - |  |  |  |  |  |  | - |  |  |  | - |  |  |  |
Exercised - SARs (1) |  |  | - |  |  |  | - |  |  |  |  |  |  | (20 | ) |  |  | 63.06 |  |  |  |
Exercised - Options (1) |  |  | (83 | ) |  |  | 46.81 |  |  |  |  |  |  | - |  |  |  | - |  |  |  |
Forfeited |  |  | - |  |  |  | - |  |  |  |  |  |  | - |  |  |  | - |  |  |  |
Expired |  |  | (57 | ) |  |  | 68.80 |  |  |  |  |  |  | (82 | ) |  |  | 77.15 |  |  |  |
Outstanding, End of Year (2) |  |  | 20 |  |  |  | 47.70 |  |  |  | 0.2 |  |  |  | 160 |  |  |  | 54.84 |  |  |  | 0.8 |
Vested and Exercisable, End of Year (3) |  |  | 20 |  |  |  | 47.70 |  |  |  | 0.2 |  |  |  | 160 |  |  |  | 54.84 |  |  |  | 0.8 |
(1) The intrinsic value of option awards exercised and cash-settled during 2025 was $1 million (2024 - nil; 2023 - nil). (2) The intrinsic value of option awards outstanding at December 31, 2025, was nil (2024 - $1 million). (3) The intrinsic value of option awards vested and exercisable at December 31, 2025, was nil (2024 - $1 million).
Schedule of Weighted Average Assumptions Used to Fair Value Share Units | The following weighted average assumptions were used to determine the fair value of TSARs outstanding:
|  | C$ Share Units
As at December 31 |  | 2025 |  | 2024 |  | 2023
Risk Free Interest Rate |  | 2.55% |  | 2.92% |  | 3.95%
Dividend Yield |  | 3.12% |  | 2.82% |  | 2.78%
Expected Volatility Rate (1) |  | 38.35% |  | 42.83% |  | 48.87%
Expected Term |  | 0.1 yrs |  | 0.6 yrs |  | 0.9 yrs
Market Share Price |  | C$53.79 |  | C$58.23 |  | C$58.16
Weighted Average Grant Date Fair Value |  | C$47.70 |  | C$54.84 |  | C$62.45
(1) Volatility was estimated using historical rates.

X
- Definition Tabular disclosure of the number deferred share units that were granted, converted from high performance results award, issued in lieu of dividends and redeemed during the year, as well as, the number outstanding at the end of the year. + References No definition available. + Details
Name: | ovv_ScheduleOfShareBasedCompensationDeferredStockUnitsAwardActivityTableTextBlock
Namespace Prefix: | ovv_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of cost recognized for award under share-based payment arrangement by plan. Includes, but is not limited to, related tax benefit. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfCompensationCostForShareBasedPaymentArrangementsAllocationOfShareBasedCompensationCostsByPlanTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the changes in outstanding nonvested performance-based units. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfNonvestedPerformanceBasedUnitsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationRestrictedStockUnitsAwardActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for stock appreciation rights awards that were outstanding at the beginning and end of the year, and the number of stock appreciation rights awards that were granted, exercised or converted, forfeited, and expired during the year. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationStockAppreciationRightsAwardActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Subparagraph (f)(2) -Name Accounting Standards Codification -Paragraph 2 -Section 50 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (f)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (f)(2)(v) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (f)(2)(i) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (f)(2)(iii) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (f)(2)(iv) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (f)(2)(ii) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (l) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (d)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 35 -Paragraph 1D -Publisher FASB -URI https://asc.fasb.org/1943274/2147480483/718-10-35-1D Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 35 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480483/718-10-35-3 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a)(3) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1)(i) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 15: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1)(ii) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 16: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1)(iii) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 17: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1)(iv) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 18: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1)(iv)(01) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 19: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1)(iv)(02) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 20: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1)(iv)(03) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 21: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1)(iv)(04) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 22: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(2)(i) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 23: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(2)(ii) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 24: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(2)(iii) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 25: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(2)(iii)(01) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 26: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(2)(iii)(02) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 27: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(2)(iii)(03) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 28: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (d)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 29: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (e)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 30: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (e)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_AwardTypeAxis=us-gaap_StockAppreciationRightsSARSMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_AwardTypeAxis=ovv_TandemStockAppreciationRightsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |