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Acquisitions and Divestitures | 3 Months Ended
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Mar. 31, 2025
Discontinued Operations and Disposal Groups [Abstract] |
Acquisitions and Divestitures | Acquisitions and Divestitures During the three months ended March 31, 2025, EOG entered into a definitive agreement to purchase properties adjacent to its core acreage in the Eagle Ford play for approximately $275 million, subject to customary closing adjustments. This transaction closed in April 2025. During the three months ended March 31, 2024, EOG paid cash of $132 million, primarily to acquire a gathering system in South Texas. Additionally, during the three months ended March 31, 2024, EOG recognized net gains on asset dispositions of $26 million and received proceeds of $9 million, primarily due to a lease exchange in the Delaware Basin and the sale of certain other assets.

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- Definition The entire disclosure for business combinations, including leverage buyout transactions (as applicable), and divestitures. This may include a description of a business combination or divestiture (or series of individually immaterial business combinations or divestitures) completed during the period, including background, timing, and assets and liabilities recognized and reclassified or sold. This element does not include fixed asset sales and plant closings. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 805 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/805/tableOfContent Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/205-20/tableOfContent + Details
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