Public company | |
Traded as | : EOG S&P 500 Component |
Industry | Petroleum industry |
Founded | 1999 |
Founder | Mark G. Papa |
Headquarters |
Heritage Plaza Houston, Texas, United States |
Key people
|
William R. Thomas, CEO & Chairman Gary L. Thomas, COO & President Lloyd W. Helms, Jr., Executive Vice President David W. Trice, Executive Vice President Timothy K. Driggers, CFO |
Products |
Petroleum Natural gas Natural gas liquids |
Production output
|
572.2 thousand barrels of oil equivalent (3,501,000 GJ) per day |
Revenue | US$8.757 billion (2015) |
-US$6.686 billion (2015) | |
-US$4.524 billion (2015) | |
Total assets | US$26.975 billion (2015) |
Total equity | US$12.943 billion (2015) |
Number of employees
|
2,760 (2015) |
Website | www |
EOG Resources, Inc. (successor to Enron Oil & Gas Company) is a petroleum and natural gas exploration company headquartered in the Heritage Plaza building in Houston, Texas.
The company is ranked #167 on the Fortune 500.
The company has reserves in the United States, Canada, Trinidad, the United Kingdom, and China.
As of December 31, 2015, the company had 2.118 billion barrels of oil equivalent (1.296×1010 GJ) of estimated proved reserves, of which 52% was petroleum, 18% was natural gas liquids, and 30% was natural gas. Of these proved reserves, 97% were located in the United States and 3% were located in Trinidad.
In 2015, the company's production averaged 572.2 thousand barrels of oil equivalent (3,501,000 GJ) per day, of which 89% was in the United States (including 42% in the Eagle Ford shale), 10% was in Trinidad, and 1% was in other areas.
As of December 31, 2015, of the company's total proved reserves in the United States, 53% was petroleum, 19% was natural gas liquids, and 28% was natural gas.
As of December 31, 2015, EOG is the largest petroleum producer in the Eagle Ford. In 2015, production by the company in the Eagle Ford averaged 238.8 million barrels of oil equivalent (1.461×109 GJ) per day, which was a 3% increase from 2014 levels.