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  Economics : Rates of Return/ IRR

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195,000 Net Acres in Core Area Recent Strong Wells Montague and Cooke Counties Bopd + Mcfd (Rich Gas) Combo Core Area 195,000 Net Acres - Abbey, Paul, Wales, Welsh 400 - 635 264 - 492+ (6 Wells) - Farrell A and B Unit (4 Wells) 333 - 475 1,037 - 1,360 - Ketchum Unit (2 Wells) 496 - 638 354 - 455+ Oil 77% Ft. Worth Estimated Captured Reserves* 370 MMBoe, NAR - Revenues 90% Liquids Weighted Cost Advantages Due to Self-Sourcing of Frac Materials 2011 in Full Development Mode EOGs Second Largest Liquids Growth Contributor - Plan to Drill 240 Net Wells in 2011 - Infrastructure in Place to Handle Oil, NGLs and Gas - Well Costs Consistently Average 3MM Oil Gas - Yields 40% to 60% Direct ATROR** Typical 33% 33% Oil Counties Gas Counties EOG Acreage Well NGLs 33% * Potential, not proved reserves. Includes 83 MMBoe booked at December 31, 2010. ** See reconciliation schedule. EOG_1111v2-19
EOG Resources, Inc.
November 2011

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