In a rare move to the buy-side, EOG Resources has secured a strategic 30,000-net-acre block in Atascosa County, Texas, plugging a critical gap in its South Texas leasehold. The $275 million deal, believed to involve Arrow S Energy Operating, adds 120 new 3-mile-lateral drilling locations to EOG’s oily Eagle Ford inventory.
EOG Resources (NYSE: EOG) delivered a strong first quarter in 2025, demonstrating why it remains one of the most efficient and resilient operators in the U.S. upstream oil and gas sector. With U.S. production rising, foundational assets like the Eagle Ford Shale delivering steady performance, and capital discipline taking center stage, EOG is charting a confident course through a complex market environment.
EOG Resources (NYSE: EOG) continues to set the standard for efficiency and capital discipline in the Delaware Basin. As one of the most prolific oil and gas plays in North America, the Delaware Basin remains a critical asset in EOG’s multi-basin portfolio. The company’s 2024 performance and 2025 capital plan highlight its ability to maintain flat drilling activity while improving operational efficiency, reducing costs, and enhancing infrastructure to boost profitability.
In a dynamic and often unpredictable oil and gas market, managing costs effectively is paramount. EOG Resources, known for its disciplined approach and operational excellence, provided valuable insights into its service cost management strategy during the Q1 2024 earnings call. Here’s a deep dive into how EOG is navigating the service cost landscape and positioning itself for success.
EOG Resources is rapidly expanding its operations in Ohio’s Utica shale play, with activity concentrated in Carroll, Noble, Harrison, and Belmont counties. The company is partnering with key drilling contractors like H&P and Patterson to support its increased rig deployment and steady monthly activity growth throughout 2024. EOG’s COO, Jeff Leitzell, emphasized the strategic importance of the Utica shale and plans for further capital investment if current successes continue.
EOG Resources, a leader in the oil and gas industry, continues to leverage its vast experience and innovative strategies to drive operational efficiency in the Eagle Ford. With a proven track record in the region, EOG has consistently demonstrated its ability to adapt and optimize production while minimizing costs. This…
EOG Resources’ co-development strategy is a key aspect of its approach to maximizing the value of its resource plays. The company focuses on developing multiple stacked reservoirs simultaneously within a single acreage position, particularly in resource-rich areas like the Permian Basin and the Eagle Ford.
EOG Resources uses the term “Super Zippers” to describe an advanced drilling and completion technique that they have developed and refined. This technique involves simultaneously drilling and completing multiple wells in close proximity, often using zipper fracs—where fracking stages are alternated between wells.
EOG Resources, Inc. has announced its financial results for the second quarter of 2024, highlighting another period of outstanding operational performance and robust financial health. During the Q2 2024 earnings call, EOG Resources highlighted their continued operational excellence and financial performance, emphasizing the significant role of their proprietary in-house drilling motors.
EOG Resources continues to demonstrate its commitment to operational excellence and financial strength. The second quarter of 2024 saw impressive free cash flow generation, strategic capital allocation, and significant shareholder returns. With updated guidance reflecting higher volumes and lower costs, EOG remains confident in its ability to deliver sustained value.
