EOG Resources, Inc.
EOG Resources, Inc., formerly Enron Oil & Gas Company, is one of the largest independent (non-integrated) oil and gas companies in the United States. EOG Resources' production base is heavily weighed toward natural gas in the U.S., Canada and Trinidad.
What is the profile of EOG Resources? To summarize EOG's strategy and strengths, EOG Resources is:
Study: Total Eagle Ford CAPEX to Reach $28 billion in 2013
Thursday, December 06, 2012 The Eagle Ford Shale continues to hold enormous value, especially for companies that own premium acreage and are well-positioned in the play according to a recent analysis by Wood Mackenzie.
EOG, Chesapeake Marcellus Operations Largely Unaffected by Sandy
Wednesday, October 31, 2012 Two exploration and production companies report that their operations in Pennsylvania's Marcellus shale were largely unaffected by Hurricane Sandy.
Papa Shifts EOG Focus to Stay Ahead of the Trend
Tuesday, January 24, 2012 EOG "basically made a $250M investment. If we were to sell our position today it would probably be worth between $12-$18B," said CEO Mark Papa in an interview.
EOG 2Q Earnings Climb on Production Increase
Friday, August 05, 2011 EOG Resources reported second quarter 2011 net income of $295.6 million. This compares to second quarter 2010 net income of $59.9 million.
EOG CEO: Boosts Asset Sale Target to $1.6B, from $1B
Friday, August 05, 2011 EOG Resources Chief Executive Mark Pappa said the O&G explorer is increasing the amount of cash it hopes to raise by selling assets this year in order to offset rising oilfield service costs.
EOG Resources Contracts Seafox Rig for East Irish Sea Work
Monday, June 20, 2011 EOG Resources has signed a contract with Seafox Contractors for the use of accommodation and multi-support jackup Seafox 1 at the Conwy field in the East Irish Sea.
Technip Clinches Installation Contract for Conwy Development
Thursday, March 10, 2011 Technip was awarded an installation contract by EOG Resources for the development of the Conwy field.
EOG Resources Boosts Production in 2010
Friday, February 18, 2011 "EOG has become a formidable onshore U.S. crude oil producer through early identification and extensive acreage capture in a number of premier horizontal resource plays," said Mark G. Papa, Chairman and Chief Executive Officer.
Apache, EOG Buy Pacific Trail Pipeline Interest
Monday, February 07, 2011 Kitimat LNG partners Apache Canada Ltd. and EOG Resources Canada Inc. today announced that they have agreed to purchase the 50 percent interest in the Pacific Trail Pipelines Limited Partnership (PTPLP) they do not own from Pacific Northern Gas Ltd.
EOG Resources, Newfield Terminate Marcellus Agreement
Thursday, December 23, 2010 EOG Resources and Newfield have mutually agreed to terminate the agreement regarding Marcellus Shale.
Newfield Doubles Marcellus Footprint With Acquisition
Monday, November 15, 2010 Newfield Exploration Company today announced the signing of a purchase and sale agreement with EOG Resources, Inc., for approximately 50,000 net acres in the Marcellus Shale.
EOG Resources to Sell Shale Acreage
Friday, August 06, 2010 EOG Resources plans to sell some of its natural gas assets to accelerate its transformation into an oil producer.
EOG Resources Spotlights 2Q 2010 Results
Friday, August 06, 2010 EOG Resources reported second quarter 2010 net income of $59.9 million, or $0.24 per share.
House Panel Probes Natural Gas Hydrofracking Process
Friday, February 19, 2010 The House Energy and Commerce Committee began an investigation into the potential impacts of a natural gas production process on the environment and human health.
EPA Official: State Regulators Doing Fine on Hydrofracking
Tuesday, February 16, 2010 State regulators are doing a good job overseeing a key natural gas production technique called hydrofracking and there's no evidence the process causes water contamination, a senior federal environment official said Monday.
EOG Resources Declares Quarterly Dividend
Tuesday, December 15, 2009 The Board of Directors of EOG Resources has declared a dividend of $0.145 per share on EOG's Common Stock, payable January 29, 2010 to stockholders of record as of January 15, 2010.
Drilling in All The Right Places
Monday, September 07, 2009 EOG's three-year effort to pump up its crude oil production -- inpart by using the same horizontal-drilling technology that has made it one of the largest independent gas producers in the U.S. -- looks expertly timed.
EOG Flow Tests Marcellus Shale Well at More Than 3MMcfd
Tuesday, May 19, 2009 A Marcellus Shale well operated by Seneca's joint-venture partner, EOG Resources, was flow tested at an average rate of over 3.0 million cubic feet per day for 7 days.
Galloway Underscores Planned West Texas Gas Production Acquisition
Tuesday, April 21, 2009 Galloway has provided a follow-up to the recent announcement regarding the pending acquisition of natural gas productions rights located in West Texas.
TPAO Inks Turkish Exploration Deals with Exxon, EOG
Tuesday, March 03, 2009 TPAO signed oil exploration deals with ExxonMobil and EOG in an effort to increase the exploitation of hydrocarbon reserves in Turkey.