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Business Segment Information (Tables) | 12 Months Ended
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Dec. 31, 2022
Segment Reporting [Abstract] |
Schedule of Selected Financial Information by Reportable Segment | Financial information by reportable segment is presented below as of and for the years ended December 31, 2022, 2021 and 2020 (in millions):
| United States |  | Trinidad |  | Other International (1) |  | Total
2022 |  |  |  |  |  |  |
Crude Oil and Condensate | $ | 16,349 |  |  | $ | 18 |  |  | $ | — |  |  | $ | 16,367 |
Natural Gas Liquids | 2,648 |  |  | — |  |  | — |  |  | 2,648 |
Natural Gas | 3,489 |  |  | 292 |  |  | — |  |  | 3,781 |
Losses on Mark-to-Market Financial Commodity Derivative Contracts, Net | (3,982) |  |  | — |  |  | — |  |  | (3,982) |
Gathering, Processing and Marketing | 6,695 |  |  | 1 |  |  | — |  |  | 6,696 |
Gains (Losses) on Asset Dispositions, Net | 77 |  |  | (4) |  |  | 1 |  |  | 74 |
Other, Net | 118 |  |  | — |  |  | — |  |  | 118 |
Operating Revenues and Other (2) | 25,394 |  |  | 307 |  |  | 1 |  |  | 25,702 |
Depreciation, Depletion and Amortization | 3,469 |  |  | 73 |  |  | — |  |  | 3,542 |
Operating Income (Loss) (3) | 9,880 |  |  | 122 |  |  | (36) |  |  | 9,966 |
Interest Income | 81 |  |  | 2 |  |  | 2 |  |  | 85 |
Other Income (Expense) | (17) |  |  | 46 |  |  | — |  |  | 29 |
Net Interest Expense | 179 |  |  | — |  |  | — |  |  | 179 |
Income (Loss) Before Income Taxes | 9,765 |  |  | 170 |  |  | (34) |  |  | 9,901 |
Income Tax Provision | 2,106 |  |  | 35 |  |  | 1 |  |  | 2,142 |
Additions to Oil and Gas Properties, Excluding Dry Hole Costs | 4,599 |  |  | 122 |  |  | 6 |  |  | 4,727 |
Total Property, Plant and Equipment, Net | 29,109 |  |  | 307 |  |  | 13 |  |  | 29,429 |
Total Assets | 40,349 |  |  | 879 |  |  | 143 |  |  | 41,371 |
2021 |  |  |  |  |  |  |
Crude Oil and Condensate | $ | 11,094 |  |  | $ | 31 |  |  | $ | — |  |  | $ | 11,125 |
Natural Gas Liquids | 1,812 |  |  | — |  |  | — |  |  | 1,812 |
Natural Gas | 2,156 |  |  | 270 |  |  | 18 |  |  | 2,444 |
Losses on Mark-to-Market Financial Commodity Derivative Contracts, Net | (1,152) |  |  | — |  |  | — |  |  | (1,152) |
Gathering, Processing and Marketing | 4,287 |  |  | 1 |  |  | — |  |  | 4,288 |
Gains (Losses) on Asset Dispositions, Net | (40) |  |  | (2) |  |  | 59 |  |  | 17 |
Other, Net | 108 |  |  | — |  |  | — |  |  | 108 |
Operating Revenues and Other (4) | 18,265 |  |  | 300 |  |  | 77 |  |  | 18,642 |
Depreciation, Depletion and Amortization | 3,558 |  |  | 87 |  |  | 6 |  |  | 3,651 |
Operating Income (Loss) (5) | 6,013 |  |  | 151 |  |  | (62) |  |  | 6,102 |
Interest Income | 3 |  |  | — |  |  | — |  |  | 3 |
Other Income (Expense) | (14) |  |  | 8 |  |  | 12 |  |  | 6 |
Net Interest Expense | 178 |  |  | — |  |  | — |  |  | 178 |
Income (Loss) Before Income Taxes | 5,824 |  |  | 159 |  |  | (50) |  |  | 5,933 |
Income Tax Provision (Benefit) | 1,247 |  |  | 66 |  |  | (44) |  |  | 1,269 |
Additions to Oil and Gas Properties, Excluding Dry Hole Costs | 3,557 |  |  | 55 |  |  | 5 |  |  | 3,617 |
Total Property, Plant and Equipment, Net | 28,213 |  |  | 204 |  |  | 9 |  |  | 28,426 |
Total Assets | 37,436 |  |  | 637 |  |  | 163 |  |  | 38,236 |
| United States |  | Trinidad |  | Other International (1) |  | Total
2020 |  |  |  |  |  |  |
Crude Oil and Condensate | $ | 5,774 |  |  | $ | 11 |  |  | $ | 1 |  |  | $ | 5,786 |
Natural Gas Liquids | 668 |  |  | — |  |  | — |  |  | 668 |
Natural Gas | 614 |  |  | 169 |  |  | 54 |  |  | 837 |
Gains on Mark-to-Market Financial Commodity Derivative Contracts, Net | 1,145 |  |  | — |  |  | — |  |  | 1,145 |
Gathering, Processing and Marketing | 2,581 |  |  | 2 |  |  | — |  |  | 2,583 |
Losses on Asset Dispositions, Net | (47) |  |  | — |  |  | — |  |  | (47) |
Other, Net | 60 |  |  | — |  |  | — |  |  | 60 |
Operating Revenues and Other (6) | 10,795 |  |  | 182 |  |  | 55 |  |  | 11,032 |
Depreciation, Depletion and Amortization | 3,324 |  |  | 60 |  |  | 16 |  |  | 3,400 |
Operating Income (Loss) (7) | (546) |  |  | 75 |  |  | (73) |  |  | (544) |
Interest Income | 11 |  |  | 1 |  |  | — |  |  | 12 |
Other Expense | — |  |  | (2) |  |  | — |  |  | (2) |
Net Interest Expense | 205 |  |  | — |  |  | — |  |  | 205 |
Income (Loss) Before Income Taxes | (740) |  |  | 74 |  |  | (73) |  |  | (739) |
Income Tax Provision (Benefit) | (157) |  |  | 15 |  |  | 8 |  |  | (134) |
(1)Other International primarily consists of EOG's China and Canada operations. The China operations were sold in the second quarter of 2021. EOG began exploration programs in Australia in the third quarter of 2021 and in Oman in the third quarter of 2020. The decision was reached in the fourth quarter of 2021 to exit Block 36 and Block 49 in Oman. (2)EOG had sales activity with three significant purchasers in 2022, one totaling $3.3 billion, another totaling $3.1 billion and a third totaling $3.0 billion of consolidated Operating Revenues and Other in the United States segment. (3)EOG recorded pretax impairment charges of $15 million in 2022 for proved oil and gas properties and firm commitment contracts related to its decision to exit the Horn River Basin in British Columbia, Canada, in the Other International segment. See Note 14. (4)EOG had sales activity with two significant purchasers in 2021, one totaling $2.7 billion and the other totaling $2.6 billion of consolidated Operating Revenues and Other in the United States segment. (5)EOG recorded pretax impairment charges of $45 million and dry hole costs of $42 million in 2021 in the Other International segment related to its decision in the fourth quarter of 2021 to exit Block 36 and Block 49 in Oman. In addition, EOG recorded net gains of asset dispositions of $58 million in 2021 in the Other International segment during the second quarter of 2021 due to the sale of its China operations. See Notes 14 and 17, respectively. (6)EOG had sales activity with three significant purchasers in 2020, each totaling $1.1 billion of consolidated Operating Revenues and Other in the United States segment. (7)EOG recorded pretax impairment charges of $1,570 million in 2020 for proved oil and gas properties, leasehold costs and other assets due to the decline in commodity prices and revisions of asset retirement obligations for certain properties in the United States segment. In addition, EOG recorded pretax impairment charges of $228 million in 2020 for owned and leased sand and crude-by-rail assets, also in the United States segment. EOG recorded pretax impairment charges of $81 million in 2020 for proved oil and gas properties and firm commitment contracts related to its decision to exit the Horn River Basin in British Columbia, Canada, in the Other International segment. See Notes 13 and 14.

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
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