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

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

EOG Resources reports third quarter 2015 results; increases Delaware Basin net resource potential by 1.0 BnBoe

Updates Delaware Basin Net Resource Potential to 2.35 BnBoe Increases Wolfcamp Net Reserve Potential by 500 MMBoe Announces Second Bone Spring Sand Net Reserve Potential of 500 MMBoe Expands Drilling Inventory from 2,700 to 4,900 Net Wells Acquires 26,000 Net Acres in the Delaware Basin Oil Window... Friday, November 6, 2015

Serica Energy announces acquisition of interest in Columbus field extension

Serica Energy plc (AIM: SQZ) is pleased to announce that agreement has been reached with BG International Limited and SSE E&P UK Limited for BG and SSE to transfer their equity in that part of Block 23/21a which contains an extension to the Columbus field to the Block 23/16f participants, Serica Ene... Tuesday, October 27, 2015

Rig Productivity is a Red Herring

Rig productivity and drilling efficiency are red herrings. A red herring is something that ?takes ?attention away from a more ?important ?subject. Rig productivity and drilling efficiency distract from the truth that tight oil producers are losing money at low oil prices. Pad drilling allows many ... Tuesday, September 8, 2015

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