(Oil Price) – Abu Dhabi’s oil and gas giant ADNOC has drilled some horizontal wells and tested oil to the surface at a shale play in the United Arab Emirates operated by EOG Resources, the chief executive of the U.S. shale giant said at a conference. In May, EOG Resources was awarded a new oil exploration concession for Unconventional Onshore Block 3 (UCO3) by Abu
(Oil & Gas 360) – Publisher’s Note: You can view the EnerCom Denver—The Energy Investment Conference and the Energy Transition and Emerging Technology Series presenter replays for a limited time. EOG’s mission, to be among the highest return, lowest cost, and lowest emissions producers, supports the dual challenge of the energy transition – to supply reliable, affordable energy while addressing
(Oil & Gas 360) – Publisher’s Note: EOG Resources will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown, August 17-20, 2025. Register to attend. HOUSTON, May 30, 2025 /PRNewswire/ — EOG Resources, Inc. (EOG) today announced a definitive agreement with Canada Pension Plan Investment Board (CPP) and Encino Energy under which EOG will acquire Encino Acquisition Partners (EAP or Encino) for $5.6 billion, inclusive
(Oil & Gas 360) – HOUSTON, May 16, 2025 /PRNewswire/ — EOG Resources, Inc. (EOG) today announced that the company was awarded a new oil exploration concession for Unconventional Onshore Block 3 (UCO3) by Abu Dhabi’s Supreme Council for Financial and Economic Affairs (SCFEA). The UCO3 concession area is 3,609 square kilometers, or nearly 900,000 acres, in an over-pressured, oil prone basin within the Al Dhafra region
EOG Resources Reports First Quarter 2023 Results PR Newswire HOUSTON , …
EOG Resources Reports Fourth Quarter and Full-Year 2022 Results; Announces 2023 Capital Plan …
Nasdaq Shale oil producer EOG Resources EOG.N on Thursday said U.S. production gains next year will slow amid persistent supply chain constraints and inflationary pressures, echoing a rival’s sentiment. Source: Reuters EOG forecasts overall U.S. oil output to increase by between 700,000 and 800,000 barrels per day this year. But in remarks at the Barclays CEO Energy and Power conference on Thursday, EOG’s
US News U.S. shale oil producer EOG Resources on Friday said it expects to deliver roughly 4% oil and gas volume growth this year, and hold a similar trajectory in 2023, as inflation and supply chain problems continue to snarl the oil industry. Inflation has meaningfully exceeded expectations, the company said, noting that it has been able to
Reuters U.S. shale oil firm EOG Resources on Friday said it aims to begin by late 2022 a carbon dioxide injection program to reduce greenhouse gases from its oil and gas production. The Houston, Texas-based energy producer emphasized it had no intention of changing its business focus, limiting the project to its own output, reducing so-called Scope 1 and Scope
Reuters US oil and gas producer EOG Resources Inc (EOG.N) surpassed analysts’ first-quarter profit forecast and announced a special dividend of $ 1 per share on Thursday due to the launch of COVID-19 vaccines and increased travel demand driving crude oil prices. U.S. crude oil prices rose 23% in the first quarter after the 2020 pandemic affected fuel demand, sparking
Source: Houston Chronicle EOG Resources reported $615 million in quarterly profits on Wednesday that fell by nearly 50 percent from $1.2 billion a year ago in large part from lower oil and gas prices. EOG’s revenues dipped by 10 percent down to $4.3 billion. But the Houston oil and gas producer touted rising production volumes that jumped 12 percent from
“The EOG Machine is Firing on All Cylinders”: Chairman and CEO Bill Thomas EOG Resources, Inc. (NYSE: EOG) reported second quarter 2018 results and beats its oil, natural gas, and NGL production targets. Highlights Net income of $696.7 million, or $1.20 per share a 2,916% increase YOY Total crude oil production of 384,600 BOPD, up 15% YOY (Company Record) Total
