When a pod runs to a completed state, we typically rely on the update event that will indicate to us that this pod is completed. At that point the pod IP is released and the port configuration is removed in OVN. The subsequent delete event for this pod will be ignored because it should have been cleaned up in the previous update.
However, there can be cases where the update event is missed with pod completed. In this case we will only receive a delete with pod completed event, and ignore tearing down the pod. The end result is the pod is not cleaned up in OVN and the IP address remains allocated, reducing the amount of address range available to launch another pod. This can lead to exhausting all IP addresses available for pod allocation on a node.