NYSE Stock Symbol: EOG Investor Relations Contacts Common Dividend: 0.68 Maire A. Baldwin, Vice President - IR Basic Shares Outstanding: 269.6 Million (713) 651-6364, Fax (713) 651-6473 mbaldwineogresources.com Elizabeth M. Ivers,…
Increased 2012E* Total Company Liquids YOY Growth Target to 33% - Crude Oil and Condensate 33% - NGLs 32% St. James Rail Terminal In-Service April 2012 1Q 2012 Strong Profit and Cash Flow Growth Metrics vs. 1Q 2011 - GAAP EPS…
Multi-Year Drilling Inventory of U.S. Centric Crude Oil Prospects - Will Generate High Annual Oil Production Growth Rates Best in Large-Cap Class Eagle Ford Crude Oil Asset 1.6 BnBoe*, Net to EOG - Best Asset in North America, and…
Clearbrook, MN Crude-by-Rail Stanley, ND - EOG Has 4 Years Experience - Competitive with Existing and Announced 89 Pipe Expansions EOG Unloading Facility at St. James, LA - Placed In-Service Mid-April WTI - Up to 100 MBopd EOG…
North American Oil* 2012 28% Hedged - May 1 June 30 36% Hedged at 105.80 - July 1 December 31 24% Hedged at 106.74 North American Natural Gas* 2012 45% Hedged 525,000 MMBtud at 5.44 2013 - 2014 150,000 MMBtud Hedged at…
Strong Organic Crude Oil Growth 2010 +35% 2011 +52% 2012E* +33% High-Value Production Generates Strong Growth in - Earnings Per Share - Adjusted EBITDAX - Discretionary Cash Flow Maintain Net Debt-to-Cap…
Continue to Explore for New Hz Oil/Liquids Prospects Onshore North America - Leverage Expertise in Hz Shales Improve Recovery Factor of Oil-in-Place in Existing Plays - Testing Denser Well Spacing Secondary Recovery Methods Identify…
First Mover in U.S. Large Unconventional Horizontal Oil Plays Big Four Eagle Ford Biggest Oil Producer Premier 572,000 Net Acre Oil Window Bakken/Three Forks Largest North Dakota Bakken Oil Producer Barnett Combo Biggest Oil Producer…
2012E Capex - 7.4 to 7.6 Bn* Including Facilities and Midstream Gathering, Exploration and Processing and Other Development Facilities 8% 9% Exploration and Development 83% 90% Focused on High ROR Crude Oil or Liquids-Rich…
2010 2011 2012E* 2013+ Crude Oil and Condensate 35% 52% 33% Continued NGLs 29% 39% 32% Double-Digit Total Company Liquids 33% 48% 33% *** Growth North American Gas** -2% -7% -10% Other Gas**** 24% --% 1% Total Company 9.5% 9.4%…
Crude and Condensate Total Liquids (Mbd) (Mbd) 206 156 151 113 105 75 79 62 55 46 43 31 2007 2008 2009 2010 2011 2012E* 2007 2008 2009 2010 2011 2012E* * Based on mid-point of full-year 2012 production estimates…
86% 79% 76% 71% 72% NGLs 59% 53% 47% Oil 41% 29% 28% 24% 21% 14% 6% Hedged 2006 2007 2008 2009 2010 2011 2012E** Liquids (Crude Oil and NGLs) Natural Gas * 2006 - 2011 based on North American actual…
EOG Has Captured the Biggest U.S. Crude Oil Discovery Net to One Company in the Past 40 Years Increased Estimated Potential Reserves* by 78% Oil 1,136 MMBo NGLs 256 MMBbl San Antonio Gas 1,248 Bcf Total 1,600 MMBoe, Net to EOG…
Well Quality is Improving - IP Rate of Some Recent Wells Exceeding 3,000 Bopd Plus NGLs and Gas - Very Strong 30-Day Average Rates - Per Well Estimated Reserves Slightly Increased to 450 MBoe, NAR Downspacing Conclusions - Reduced…
Canada Biggest Bakken Oil Producer in North Dakota Stateline/ Core Area - 56.4 MBoed Gross Production at YE 2011 Diamond Point Area - 7 to 10 Year Drilling Inventory 2012 Areas of Activity Water Injection Focus on Infill…
EOG is the Largest Oil Producer in the Barnett 215,000 Net Acres in Core Area - Continue Drilling Step-Out Wells to Expand Core Acreage Combo Core Area 215,000 Net Acres Continues to be Significant Liquids Growth Contributor in…
240,000 Total Net Acres - Plan to Drill 112 Net Wells in 2012 - Generating 45-55% Direct ATROR* Wolfcamp Shale NGLs 30% Oil 42% Core Area Potential 430 MBoe/Well, Gross (320 MBoe/Well, NAR) with 5.5 MM CWC Target - Drilled 57,…
Trinidad and Tobago Trinidad ATLANTIC OCEAN TRINIDAD 4(a) Expect Flat YOY Production in 2012 vs. 2011 U(b) U(a) SECC VENEZUELA United Kingdom United Kingdom NORTH SEA East Irish Sea (Conwy) East…
EOG Reserves Within 5% of Independent Engineering Analysis Prepared by DeGolyer and MacNaughton - 24 Straight Years - Reviewed 85% of Proved Reserves for 2011 Conservative - Successful Efforts Accounting - Zero Goodwill - Credit Ratings…
EOG Has Largest Proven U.S. Horizontal Drilling Oil Inventory in Entire Industry EOG Has Captured Low-Cost, First-Mover Advantage Key Differentiator Horizontal Oil Assets Will Drive Strong 2012+ Production Growth with High Margins -…