EOG Resources


Description

EOG Resources, Inc. is one of the largest independent (non- integrated) oil and natural gas companies in the United States with proved reserves in the United States, Canada, Trinidad, the United Kingdom and China. EOG Resources, Inc. is listed on the New York Stock Exchange and is traded under the ticker symbol “EOG.”

At December 31, 2010, EOG’s estimated net proved crude oil, condensate and natural gas liquids reserves were 538 million barrels and estimated net proved natural gas reserves were 8,470 Bcf for a total of 1,950 million barrels of oil equivalent. Approximately 81 percent of EOG’s reserves on a crude oil equivalent basis were located in the United States, 11 percent in Canada, 7 percent in Trinidad and less than 1 percent in the United Kingdom North Sea and China. At year-end 2010, EOG had approximately 2,300 employees.


Latest EOG Resources News

The Next Big Fight in Oil If Prices Rise

As the oil price fell from $105/barrel in 2014 to $26/barrel in 2016, producers, service companies and banks/lenders worked very co-operatively to keep as many people employed and as much oil flowing as possible. It has been a remarkably co-operative endeavour for the global energy industry. I exp... Friday, April 1, 2016

The Right Guy, In The Right Place, At Exactly The Right Time

Sometimes you write a story. Sometimes a story writes itself. In the next three sentences I'm going to give you everything you need to know. One... With more oil and gas producers in financial distress than aren't, this has to be an historic opportunity to be buying oil and gas assets (especially... Monday, March 7, 2016

EOG Resources announces fourth quarter and full year 2015 results, and 2016 capital program

Exceeds Fourth Quarter and Full Year 2015 Production Targets Achieves Record Year for Improved Well Productivity and Efficiency Gains Reduces Fourth Quarter Per-Unit Lease and Well Expenses by 30 Percent Versus Prior Year Replaces 192 Percent of 2015 Production, Excluding Price Revisions Announces ... Friday, February 26, 2016

Less Than 2 Percent of Permian Basin Is Commercial at $30 Oil

Less than 2 percent of Permian basin tight oil wells are commercial at $30 per barrel oil prices. Sorry about that. I know that many believe that U.S. shale and tight oil plays are commercial even at current low oil prices but data on the Permian basin and Bakken plays simply does not support that ... Monday, December 21, 2015

Shale Investing 101: Matt Badiali Reveals the Science Behind Oil Investments that Pay Off Big Time

As Matt Badiali, geologist and editor of the Stansberry Resource Report, explains, it has only been in the last few decades have we learned to release the potential of the massive oil and gas reservoirs in the U.S. Now we are learning how to tell if a shale project will be profitable. In this Energy... Wednesday, December 9, 2015

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