XML 33 R27.htm IDEA: XBRL DOCUMENT
v3.20.1

Fair Value Measurements (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2020
Fair Value Disclosures [Abstract] |
Fair Value Assets and Liabilities Measured On Recurring Basis | The following table provides fair value measurement information within the fair value hierarchy for certain of EOG's financial assets and liabilities carried at fair value on a recurring basis at March 31, 2020 and December 31, 2019 (in thousands):
| Fair Value Measurements Using:
| Quoted Prices in Active Markets (Level 1) |  | Significant Other Observable Inputs (Level 2) |  | Significant Unobservable Inputs (Level 3) |  | Total
At March 31, 2020 |  |  |  |  |  |  |  |  |  |  |
Financial Assets: (1) |  |  |  |  |  |  |  |  |  |  |
Crude Oil Swaps | $ | — |  |  | $ | 898,090 |  |  | $ | — |  |  | $ | 898,090 |
Crude Oil Basis Swaps | — |  |  | 888 |  |  | — |  |  | 888 |
Crude Oil Roll Differential Swaps | — |  |  | 7,255 |  |  | — |  |  | 7,255 |
Natural Gas Liquids Swaps | — |  |  | 30,822 |  |  | — |  |  | 30,822 |
Natural Gas Collars | — |  |  | 3,678 |  |  | — |  |  | 3,678 |
Financial Liabilities: |  |  |  |  |  |  |
Crude Oil Basis Swaps | $ | — |  |  | $ | 93 |  |  | $ | — |  |  | $ | 93 |
Natural Gas Basis Swaps | — |  |  | 7,712 |  |  | — |  |  | 7,712 |
At December 31, 2019 |  |  |  |  |  |  |
Financial Assets: (1) |  |  |  |  |  |  |
Natural Gas Liquids Swaps | $ | — |  |  | $ | 3,401 |  |  | $ | — |  |  | $ | 3,401 |
Natural Gas Basis Swaps | — |  |  | 970 |  |  | — |  |  | 970 |
Financial Liabilities: (2) |  |  |  |  |  |  |
Crude Oil Swaps | $ | — |  |  | $ | 23,266 |  |  | $ | — |  |  | $ | 23,266 |

X
- References No definition available. + Details
Name: | us-gaap_FairValueDisclosuresAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details
Name: | us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration