Operator · Argentina : Vaca Muerta, Barnett Shale & Bone Spring
EOG Resources, Inc.
80 articles mentioning EOG Resources, Inc. · Page 2 of 4
EOG Adds Investment Exec to Board of Directors
EOG Resources Inc. announced the appointment of Michael T. Kerr to its Board of Directors, effective October 5, 2020. About Kerr Kerr has over 36 years of investment experience, including 35 years with Capital Group, home...
EOG Resources Second Quarter 2020 Results
EOG Resources, Inc. reported its Q2 2020 results. EOG reported a second quarter 2020 net loss of $909 million, or $1.57 per share, compared with second quarter 2019 net income of $848 million, or $1.46 per...
Eagle Ford Well Results - July 21 2020
Back by popular demand. Today we resume providing weekly basins well results. You can get access to well results by going here. (requires a subscription)
From the Presentation Manager: Key Slides from EOG, Devon, Murphy, Laredo
This week, we pulled several key slides from our Presentation Manager. They are from the latest presentations of several E&Ps, including: EOG Resources, Murphy Oil Corp., Laredo Petroleum and Devon Energy Corp. EOG Resources EOG does...
Bullish on Oil: Operators Turn on Taps After Curtailments
This week, several companies have announced that they are placing the majority of their curtailed production back online. They largely credit the improvement in oil prices as the catalyst. EOG Resources The company said it expects...
EOG Bullish on Oil Prices; Closes Out Hedges
During the RBC Conference, EOG Resources noted that the resurgence in oil prices has given them a more positive outlook for 2H20. See Also: They are not the only company with improved outlooks - Parsley Energy...
Bakken Operators Shut-In 450,000 Barrels Per Day, Rig Count Hits Lowest
May 7, 2020 The Department of Mineral Resources has established the Bakken Restart Task Force to facilitate rapid recovery of the oil and gas industry and supporting sectors impacted by COVID-related demand shock. The task force...
EOG: Shale 'Forever Altered'; Shuts In 125 Mbo/d, Rigs & Frac Crews Cut Drastically
EOG Resources, Inc. reported its Q1 2020 results. Here are a few high level points from its report and conference call. U.S. Shale is 'Forever Altered' While EOG noted that the market likely sustain permanent changes,...
Best Well: Operator Well Flows 11,350 Barrels of Oil Per Day (Bopd)
EOG Resources has reported the best well to-date in the entire Permian Basin. The MCGREGOR D UNIT 5H well was completed in Loving County, TX. The well flowed 11,444 barrels of oil (bbls/d) and 21,777 Mcf...
EOG Cuts 2020 Budget 31%; Focus on Delaware Basin, Eagle Ford
EOG Resources has updated its full-year 2020 capital plan as a result of the significant decline and increased volatility of commodity prices. Reduces 2020 Capital Plan 31% to $4.3 to $4.7 Billion and Targets Flat YoY...
Operators Adopting Electric Frac Crews in 2020 Dev. Programs
More and more North East E&Ps are moving to Electric Frac Crews as a part of the frac spread mix. Range Resources recently signed an agreement with U.S. Well Services for a electric fleet in 2020....
EOG Resources Reports Fourth Quarter 2019 Results
EOG Resources, Inc. reported fourth quarter 2019 results. Highlights: Increased Common Stock Dividend by 30 Percent to $1.50 Indicated Annual Rate Earned $2.7 Billion Net Income in 2019, or $4.71 per Share Generated $8.2 Billion Net...
EOG Touts New Permian Land Zone; Wolfcamp, Third Bone Spring
In its Q3 2019 report and presentation, EOG Resources detailed a promising new zone in the Delaware Basin, which centers on two additional plays. The landing zone features two new horizons, including the Third Bone Spring...
EOG Resources Details Q3 2019 Results
EOG Resources, Inc. reported third quarter 2019 net income of $615 million, or $1.06 per share, compared with third quarter 2018 net income of $1.2 billion, or $2.05 per share. Net cash provided by operating activities...
Operator Flows 6,000 BOPD Wolfcamp Well in Loving County
EOG Resources has reported a strong IP24 well result in the Wolfcamp. The McGregor C Unit 9H well targeted the Phantom Wolfcamp in Loving County, TX and flowed 7,501 BOEPD (75% oil) in a 24-hour test....
EOG Resources Talks Q2 2019 Results
EOG Resources, Inc. reported second quarter 2019 net income of $848 million, or $1.46 per share, compared with second quarter 2018 net income of $697 million, or $1.20 per share. Net cash provided by operating activities...
EOG Q1: Completions Up +13% YOY, Bulk in Eagle Ford, Permian; Crude Output Up 20% YOY
EOG Resources has reported its Q1 2019 results. Here are the highlights. In Q1, total capital expenditures were $1.7 billion of cash capital expenditures before acquisitions - this is up from $1.5 billion (+13%) spent in...
Record : Permian Basin Well Flows 11,200 Bopd
EOG Resources has reported a record Bone Spring well result in the Delaware Basin. The well was completed on a short lateral (5000 ft) with 11 million lbs of proppant (2,200 lbs/ft). The well flowed 11,180...
EOG Ups Spending +8% for 2019; Completions Cut a Slight -3% YOY, Rigs Flat at 40
EOG Resources has detailed its 2019 capital plans. *Assumes $50/barrel WTI 2019 Capital Plan - 2019 Capex: $6.1-6.5 billion (up +8% from $5.9B for 2018) - Well Plans: Complete 740 net wells (down a slight -3%...
EOG's Extrended Reach Laterals Paying Off; Flows 5,000 Bbls/d
EOG Resources has drilled two strong extended lateral wells in La Salle County, TX: The Exelco 15H Well The Exelco 16H Well Both wells were drilled on the Exelco Lease (15H and 16H) and targeted the...