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  Economics : Rates of Return/ IRR

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Direct ATROR* at Flat Oil Prices Eagle Ford Bakken/Three Forks Core Delaware Basin Wolfcamp - Oil and Combo Delaware Basin 2nd Bone Spring Sand Delaware Basin Leonard 40% 70% 50 Oil 60 Oil Powder River Basin Wyoming DJ Basin 10% 20% Bakken/Three Forks Non-Core Midland Basin Wolfcamp Direct ATROR* Based on cash flow and time value of money: Excludes Indirect Capital: - Estimated Future Commodity Prices and Operating Costs - Gathering, Processing and Other Midstream - Costs Incurred to Drill, Complete and Equip a Well - Land, Seismic, Geological and Geophysical * See reconciliation schedule. Oil price is at the wellhead, natural gas price is futures strip. EOG_1115-4
EOG Resources, Inc.
November 2015

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