EOG Resources, Inc. is one of the largest independent crude oil and natural gas companies in the United States.
EOG Resources, Inc., and its subsidiaries engage in the exploration, development, production, and marketing of crude oil, natural gas, and natural gas liquids. The company operates primarily in key producing regions across the United States, including significant assets in New Mexico and Texas. Additionally, EOG Resources has operations in the Republic of Trinidad and Tobago, contributing to its diversified portfolio of energy resources.
As of December 31, 2021, EOG Resources reported substantial estimated net proved reserves totaling 3,747 million barrels of oil equivalent (MMBoe). This includes 1,548 million barrels (MMBbl) of crude oil and condensate reserves, 829 MMBbl of natural gas liquid reserves, and 8,222 billion cubic feet of natural gas reserves. These reserves underscore EOG's strategic focus on maintaining a robust and balanced energy asset base.
Founded in 1985 and headquartered in Houston, Texas, EOG Resources, Inc. has evolved from its origins as Enron Oil & Gas Company to become a prominent player in the energy sector. The company's commitment to innovation, efficiency, and sustainable practices positions it at the forefront of the global energy industry, driving continued growth and development in its exploration and production activities.