Owings recently won the Pacific Coast League's Rookie of the Year and Most Valuable Player Awards.
"C.O. is a guy that's had a great year," D-backs manager Kirk Gibson said. "He's a guy that you talk about bringing him up. It would be really good to reward him, No. 1, and then it would be good for him to get up here and get the exposure. He's earned it."
Owings was originally drafted out of high school by the D-backs in the supplemental round (41st overall) of the 2009 First-Year Player Draft.
Owings was considered the shortstop of the future before the team acquired Didi Gregorius this past offseason. That didn't phase Owings, who had a slash line of .327/.355/.477 heading into Saturday night's game.
As a way of making him more versatile, he has seen some playing time at second base this year.
"He's got a pretty good future ahead of him," Gibson said. "He's going to fit in here somewhere, sometime, someway, somehow and I think he would be a guy that would benefit from [a September callup], but we haven't made a decision on that yet."
Steve Gilbert is a reporter for MLB.com. Read his blog, Inside the D-backs, and follow him on Twitter @SteveGilbertMLB. This story was not subject to the approval of Major League Baseball or its clubs.