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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, Canada, Trinidad, the United Kingdom and China. EOG Resources is listed on the New York Stock Exchange (NYSE) and is traded under the ticker symbol “EOG.”
EOG’s goals remain consistent – to deliver the highest shareholder appreciation measured by total shareholder returns and to be the most profitable independent exploration and production company in terms of return on capital employed.
As of December 31, 2014, EOG’s total estimated net proved reserves were 2,497 million barrels of oil equivalent (MMBoe) and were comprised of 46 percent crude oil and condensate, 19 percent natural gas liquids (NGLs/NGL) and 35 percent natural gas. Approximately 97 percent of these reserves were located in the United States. Driven by strong U.S. liquids reserves growth, EOG increased its total company net proved reserves 18 percent in 2014.
EOG’s total company production in 2014 was 217.1 MMBoe. For the full year, crude oil and condensate production increased 31 percent year over year, propelled by 33 percent growth in the United States. NGL production increased 23 percent, while natural gas production was flat. Overall, total company production increased 17 percent.
At year-end 2014, EOG had approximately 3,000 employees.