XML 23 R12.htm IDEA: XBRL DOCUMENT
v3.25.3

Segment Information | 9 Months Ended
--- | ---
Sep. 30, 2025
Segment Reporting [Abstract] |
Segment Information | Segment Information EOG's operations are all crude oil, natural gas liquids (NGLs) and natural gas exploration and production-related. The Segment Reporting Topic of the Accounting Standards Codification (ASC) establishes standards for reporting information about operating segments in annual and interim financial statements. Operating segments are defined as components of an enterprise about which separate financial information is available and evaluated regularly by the chief operating decision maker, or decision-making group, in deciding how to allocate resources and in assessing performance. EOG's chief operating decision makers (CODM) are the Chairman of the Board and Chief Executive Officer, the Executive Vice President and Chief Operating Officer, the Executive Vice President and Chief Financial Officer, the Executive Vice President and Chief Legal Officer, and the Senior Vice Presidents, Exploration and Production. The CODM routinely review and make operating decisions related to significant issues associated with each of EOG's major producing areas (including in the United States and in Trinidad) and its exploration programs both inside and outside the United States. For segment reporting purposes, the CODM consider the major United States producing areas to be one operating segment. The CODM use operating income (loss) to assess performance and allocate resources. Financial information by reportable segment is presented below for the three-month and nine-month periods ended September 30, 2025 and 2024 (in millions):
| United States |  | Trinidad |  | Other International (1) |  | Total
Three Months Ended September 30, 2025 |  |  |  |  |  |  |
Crude Oil and Condensate | $ | 3,234 |  |  | $ | 9 |  |  | $ | — |  |  | $ | 3,243 |
NGLs | 604 |  |  | — |  |  | — |  |  | 604 |
Natural Gas | 626 |  |  | 80 |  |  | 1 |  |  | 707 |
Gains on Mark-to-Market Financial Commodity and Other Derivative Contracts, Net | 116 |  |  | — |  |  | — |  |  | 116 |
Gathering, Processing and Marketing | 1,175 |  |  | 3 |  |  | — |  |  | 1,178 |
Losses on Asset Dispositions, Net | (18) |  |  | — |  |  | — |  |  | (18) |
Other, Net | 17 |  |  | — |  |  | — |  |  | 17 |
Operating Revenues and Other | 5,754 |  |  | 92 |  |  | 1 |  |  | 5,847 |
Lease and Well | 413 |  |  | 13 |  |  | 5 |  |  |
Gathering, Processing and Transportation Costs | 587 |  |  | — |  |  | — |  |  |
Marketing Costs | 1,134 |  |  | — |  |  | — |  |  |
Depreciation, Depletion and Amortization | 1,134 |  |  | 35 |  |  | — |  |  |
General and Administrative | 232 |  |  | 5 |  |  | 2 |  |  |
Taxes Other Than Income | 307 |  |  | 1 |  |  | 1 |  |  |
Other Segment Items (2) | 113 |  |  | 21 |  |  | 8 |  |  |
Operating Income (Loss) | 1,834 |  |  | 17 |  |  | (15) |  |  | 1,836 |
Interest Income |  |  |  |  |  |  | 57 |
Other Income |  |  |  |  |  |  | 2 |
Interest Expense, Net |  |  |  |  |  |  | (71) |
Income Before Income Taxes |  |  |  |  |  |  | $ | 1,824 |
Other Segment Disclosures: |  |  |  |  |  |  |
Additions to Oil and Gas Properties, Excluding Dry Hole Costs (3) | 8,046 |  |  | 48 |  |  | 34 |  |  | 8,128 |
Interest Expense, Net | 71 |  |  | — |  |  | — |  |  | 71 |
Interest Income | 53 |  |  | 3 |  | 1 |  |  | 57 |
| United States |  | Trinidad |  | Other International (1) |  | Total
Three Months Ended September 30, 2024 |  |  |  |  |  |  |
Crude Oil and Condensate | $ | 3,482 |  |  | $ | 6 |  |  | $ | — |  |  | $ | 3,488 |
NGLs | 524 |  |  | — |  |  | — |  |  | 524 |
Natural Gas | 296 |  |  | 76 |  |  | — |  |  | 372 |
Gains on Mark-to-Market Financial Commodity and Other Derivative Contracts, Net | 79 |  |  | — |  |  | — |  |  | 79 |
Gathering, Processing and Marketing | 1,481 |  |  | — |  |  | — |  |  | 1,481 |
Gains (Losses) on Asset Dispositions, Net | (8) |  |  | 1 |  |  | — |  |  | (7) |
Other, Net | 27 |  |  | 1 |  |  | — |  |  | 28 |
Operating Revenues and Other | 5,881 |  |  | 84 |  |  | — |  |  | 5,965 |
Lease and Well | 380 |  |  | 12 |  |  | — |  |  |
Gathering, Processing and Transportation Costs | 445 |  |  | — |  |  | — |  |  |
Marketing Costs | 1,500 |  |  | — |  |  | — |  |  |
Depreciation, Depletion and Amortization | 996 |  |  | 35 |  |  | — |  |  |
General and Administrative | 162 |  |  | 4 |  |  | 1 |  |  |
Taxes Other Than Income | 281 |  |  | 1 |  |  | 1 |  |  |
Other Segment Items (2) | 54 |  |  | 2 |  |  | 2 |  |  |
Operating Income (Loss) | 2,063 |  |  | 30 |  |  | (4) |  |  | 2,089 |
Interest Income |  |  |  |  |  |  | 76 |
Other Income |  |  |  |  |  |  | — |
Interest Expense, Net |  |  |  |  |  |  | (31) |
Income Before Income Taxes |  |  |  |  |  |  | $ | 2,134 |
Other Segment Disclosures: |  |  |  |  |  |  |
Additions to Oil and Gas Properties, Excluding Dry Hole Costs | 1,246 |  |  | 31 |  |  | 3 |  |  | 1,280 |
Interest Expense, Net | 31 |  |  | — |  |  | — |  |  | 31 |
Interest Income | 71 |  |  | 4 |  |  | 1 |  |  | 76 |
| United States |  | Trinidad |  | Other International (1) |  | Total
Nine Months Ended September 30, 2025 |  |  |  |  |  |  |
Crude Oil and Condensate | $ | 9,489 |  |  | $ | 21 |  |  | $ | — |  |  | $ | 9,510 |
NGLs | 1,710 |  |  | — |  |  | — |  |  | 1,710 |
Natural Gas | 1,696 |  |  | 247 |  |  | 1 |  |  | 1,944 |
Gains on Mark-to-Market Financial Commodity and Other Derivative Contracts, Net | 32 |  |  | — |  |  | — |  |  | 32 |
Gathering, Processing and Marketing | 3,761 |  |  | 4 |  |  | — |  |  | 3,765 |
Losses on Asset Dispositions, Net | (18) |  |  | — |  |  | (1) |  |  | (19) |
Other, Net | 52 |  |  | — |  |  | — |  |  | 52 |
Operating Revenues and Other | 16,722 |  |  | 272 |  |  | — |  |  | 16,994 |
Lease and Well | 1,181 |  |  | 37 |  |  | 10 |  |  |
Gathering, Processing and Transportation Costs | 1,481 |  |  | 1 |  |  | — |  |  |
Marketing Costs | 3,675 |  |  | — |  |  | — |  |  |
Depreciation, Depletion and Amortization | 3,113 |  |  | 122 |  |  | — |  |  |
General and Administrative | 572 |  |  | 13 |  |  | 11 |  |  |
Taxes Other Than Income | 947 |  |  | 3 |  |  | 1 |  |  |
Other Segment Items (2) | 274 |  |  | 61 |  |  | 50 |  |  |
Operating Income (Loss) | 5,479 |  |  | 35 |  |  | (72) |  |  | 5,442 |
Interest Income |  |  |  |  |  |  | 181 |
Other Expense |  |  |  |  |  |  | (2) |
Interest Expense, Net |  |  |  |  |  |  | (169) |
Income Before Income Taxes |  |  |  |  |  |  | $ | 5,452 |
Other Segment Disclosures: |  |  |  |  |  |  |
Additions to Oil and Gas Properties, Excluding Dry Hole Costs (3) | 11,030 |  |  | 107 |  |  | 37 |  |  | 11,174 |
Total Property, Plant and Equipment, Net | 42,024 |  |  | 499 |  |  | 62 |  |  | 42,585 |
Total Assets | 50,783 |  |  | 1,145 |  |  | 271 |  |  | 52,199 |
Interest Expense, Net | 169 |  |  | — |  |  | — |  |  | 169 |
Interest Income | 169 |  |  | 8 |  |  | 4 |  |  | 181 |
| United States |  | Trinidad |  | Other International (1) |  | Total
Nine Months Ended September 30, 2024 |  |  |  |  |  |  |
Crude Oil and Condensate | $ | 10,646 |  |  | $ | 14 |  |  | $ | — |  |  | $ | 10,660 |
NGLs | 1,552 |  |  | — |  |  | — |  |  | 1,552 |
Natural Gas | 852 |  |  | 205 |  |  | — |  |  | 1,057 |
Gains on Mark-to-Market Financial Commodity and Other Derivative Contracts, Net | 269 |  |  | — |  |  | — |  |  | 269 |
Gathering, Processing and Marketing | 4,458 |  |  | 1 |  |  | — |  |  | 4,459 |
Gains (Losses) on Asset Dispositions, Net | 44 |  |  | (5) |  |  | — |  |  | 39 |
Other, Net | 76 |  |  | 1 |  |  | — |  |  | 77 |
Operating Revenues and Other | 17,897 |  |  | 216 |  |  | — |  |  | 18,113 |
Lease and Well | 1,147 |  |  | 31 |  |  | — |  |  |
Gathering, Processing and Transportation Costs | 1,281 |  |  | — |  |  | — |  |  |
Marketing Costs | 4,394 |  |  | — |  |  | — |  |  |
Depreciation, Depletion and Amortization | 2,987 |  |  | 101 |  |  | 1 |  |  |
General and Administrative | 465 |  |  | 11 |  |  | 4 |  |  |
Taxes Other Than Income | 955 |  |  | 2 |  |  | 1 |  |  |
Other Segment Items (2) | 194 |  |  | 9 |  |  | 40 |  |  |
Operating Income (Loss) | 6,474 |  |  | 62 |  |  | (46) |  |  | 6,490 |
Interest Income |  |  |  |  |  |  | 208 |
Other Expense |  |  |  |  |  |  | (4) |
Interest Expense, Net |  |  |  |  |  |  | (100) |
Income Before Income Taxes |  |  |  |  |  |  | $ | 6,594 |
Other Segment Disclosures: |  |  |  |  |  |  |
Additions to Oil and Gas Properties, Excluding Dry Hole Costs | 4,089 |  |  | 112 |  |  | 4 |  |  | 4,205 |
Total Property, Plant and Equipment, Net | 33,683 |  |  | 422 |  |  | 21 |  |  | 34,126 |
Total Assets | 44,867 |  |  | 1,094 |  |  | 190 |  |  | 46,151 |
Interest Expense, Net | 100 |  |  | — |  |  | — |  |  | 100 |
Interest Income | 192 |  |  | 12 |  |  | 4 |  |  | 208 |
(1) Other International primarily consists of EOG's Australia, Kingdom of Bahrain, Canada and United Arab Emirates operations. EOG is continuing the process of exiting its Canada operations. (2) Other Segment Items include Exploration Costs, Dry Hole Costs and Impairments. Other Segment Items primarily relate to exploration expense in the Kingdom of Bahrain and United Arab Emirates for the three-month period ended September 30, 2025 and to exploration expense in the Kingdom of Bahrain and United Arab Emirates and impairment in Canada for the nine-month period ended September 30, 2025. (3) Includes oil and gas properties from the Encino Acquisition Partners, LLC (Encino) acquisition of $6,633 million.

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

X
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-21 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-21 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-32 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-31 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-15 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 42 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-42 Reference 7: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 48 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-48 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-32 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 270 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (i) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482964/270-10-50-1 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (ee) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-32 Reference 11: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-32 Reference 12: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 54 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-54 Reference 13: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 47 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-47 Reference 14: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 54 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-54 Reference 15: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 47 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-47 Reference 16: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 54 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-54 Reference 17: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 47 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-47 Reference 18: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 19: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 34 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-34 Reference 20: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 26C -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-26C Reference 21: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 26B -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-26B Reference 22: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 40 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-40 Reference 23: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/280/tableOfContent Reference 24: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 26 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-26 Reference 25: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 41 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-41 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration