EOG Resources, Inc. is one of the largest independent (non-integrated) crude oil and natural gas companies in the United States with proved reserves in the United States, Trinidad, the United Kingdom and China. EOG Resources is listed on the New York Stock Exchange (NYSE) and trades under the ticker symbol “EOG.”
EOG’s strategy is to generate the best rates of return by controlling operating and capital costs while maximizing oil and natural gas reserve recoveries. EOG strives to maintain the lowest possible operating cost structure that is consistent with prudent and safe operations.
The company focuses on integrating technology such as 3D seismic, core analysis, and microseismic to develop proprietary
In order to find and develop
As of December 31, 2016, EOG’s total estimated net proved reserves were 2,147 million barrels of oil equivalent comprised of 55 percent crude oil and condensate, 19 percent natural gas liquids and 26 percent natural gas. Approximately 97 percent of these reserves were located in the United States.
EOG’s total worldwide production in 2016 was 205 MMBoe.
At year-end 2016, EOG had approximately 2,650 employees.