EOG Resources drilled 93 Permian Basin wells year-to-date, with all activity concentrated in the Delaware Basin, led by Lea County (47 wells), Loving County (21), and Eddy County (20). The most active drilling contractors and rigs were Patterson 567 (10 wells), H&P 249 (9 wells), and both H&P 246 and Nabors 1206 (8 wells each), highlighting strong Delaware Basin operational activity and rig utilization.
At the 2026 Energy Future Forum, EOG CEO Ezra Yacob argued that the future of energy is “oil plus everything,” emphasizing that oil, natural gas, renewables, and nuclear will all be needed to support global economic growth, affordability, and energy reliability. He believes the U.S. has significant long-term production potential driven by technology, infrastructure investment, and permit reform, while warning that policy uncertainty and underinvestment could threaten future energy affordability.
EOG has drilled 16 wells across six defined pads in Ohio in 2026, with activity concentrated in Harrison and Guernsey Counties and supported by three primary rigs. The structured pad development and disciplined rig deployment confirm the Utica’s elevation to a top-tier, manufacturing-style growth asset within EOG’s portfolio.
The next productivity gains in shale won’t come from drilling longer laterals, but from understanding the subsurface in real time. By using HiFi subsurface sensors to measure rock behavior while drilling, operators like EOG Resources are shifting productivity from mechanical intensity to data-driven execution.
When EOG’s U.S. wells drilled in 2025 are reclassified by play, the distribution highlights how balanced the portfolio has become—particularly across oil-weighted and gas-levered assets. They have drilled 600+ wells in 2025 in multiple basin locations in the US, the Permian is 50% of the wells drilled.
EOG Resources may have one of the most diversified shale portfolios in North America, but in their Q3 2025 earnings call, one message came through loud and clear: the Eagle Ford continues to get better—fifteen years after development began.
EOG Resources, Inc
EOG Resources has made its boldest move yet in 2025, positioning itself as a diversified, gas-advantaged producer. With the $5.6 billion Encino acquisition, EOG now controls over 1 million net acres in the Utica shale, unlocking more than 2 billion barrels of oil equivalent (Bboe) of potential resource. This expansion firmly establishes the Utica as a foundational asset, joining the Delaware Basin, Eagle Ford, and Dorado in EOG’s core portfolio.
EOG Resources (NYSE:EOG) is making bold moves in 2025. With its latest acquisition of Encino Energy — Ohio’s largest oil producer in the Utica Shale — the company has deepened its U.S. shale footprint while continuing to deliver strong financial results.
EOG Resources is one of the largest U.S. exploration and production companies, active across multiple basins and expanding through acquisitions. Pierce Hammond, VP of Investor Relations, presented the company’s strategy and performance, emphasizing its mission: to be among the highest-return and lowest-cost producers while maintaining strong environmental performance.
The University of Texas at Austin kicked off its 10th annual Energy Week, bringing together students, faculty, industry leaders, and policymakers to discuss the future of energy. Here’s a structured summary of the University of Texas at Austin’s Energy Week introduction and keynote address by EOG Resources CEO Ezra Yacob:…
