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Accounts Payable and Accrued Liabilities | 12 Months Ended
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Dec. 31, 2025
Payables and Accruals [Abstract] |
Accounts Payable and Accrued Liabilities |
13. | Accounts Payable and Accrued Liabilities
As at December 31 |  |  |  | 2025 |  |  | 2024 |
Trade Payables |  |  |  | $ | 390 |  |  | $ | 435 |
Capital Accruals |  |  |  |  | 205 |  |  |  | 193 |
Royalty and Production Accruals |  |  |  |  | 686 |  |  |  | 696 |
Purchased Product Accruals |  |  |  |  | 139 |  |  |  | 155 |
Outstanding Disbursements |  |  |  |  | 35 |  |  |  | 47 |
Payroll & Other Accruals |  |  |  |  | 138 |  |  |  | 188 |
Property Acquisition Payable (See Note 8) |  |  |  |  | 123 |  |  |  | - |
Interest Payable |  |  |  |  | 103 |  |  |  | 107 |
Derivative Settlements |  |  |  |  | - |  |  |  | 3 |
Current Portion of Long-Term Incentive Costs (See Note 22) |  |  |  |  | 6 |  |  |  | 10 |
Current Portion of Finance Lease Obligations (See Note 14) |  |  |  |  | - |  |  |  | 8 |
Current Portion of Asset Retirement Obligation (See Note 17) |  |  |  |  | 36 |  |  |  | 41 |
|  |  |  | $ | 1,861 |  |  | $ | 1,883 |
Payables and accruals are non-interest bearing. Interest payable represents amounts accrued related to Ovintiv’s unsecured notes as disclosed in Note 15.

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