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    Houston Oil Companies

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    EOG Resources

    NYSE: EOG

    Profile compiled and reviewed by the Houston Oil Companies Data Team from public filings and company sources.

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    Upstream · Independent E&P

    EOG Resources

    EOG

    EOG Resources is one of the largest independent E&P companies in the US, known for its technical innovation and premium drilling locations, headquartered in Houston.

    Founded
    1999 (heritage from Enron Oil & Gas)
    Employees
    3,000+
    Revenue
    $23 billion (2023)
    HQ
    Houston, TX
    Eagle Ford ShaleDelaware BasinPremium DrillingHorizontal Drilling

    EOG Resources, Inc. is one of the largest independent crude oil and natural gas exploration and production companies in the United States. Headquartered in Houston, EOG is known for its decentralized, entrepreneurial culture and technical innovation, particularly in horizontal drilling and completions. The company consistently ranks among the most efficient operators in the US.

    Headquarters

    Houston, TX

    Founded

    1999 (heritage from Enron Oil & Gas)

    Employees

    3,000+

    Revenue

    $23 billion (2023)

    CEO

    Ezra Yacob

    Website

    eogresources.com

    History of EOG Resources

    EOG Resources was originally Enron Oil & Gas Company, a subsidiary of Enron. It was spun off and renamed EOG Resources in 1999, well before Enron's collapse. Under long-time CEO Mark Papa, EOG became one of the earliest adopters of horizontal drilling in shale formations, helping pioneer the US shale revolution.

    Operations & Business Segments

    EOG operates primarily in the Permian Basin (Delaware Basin), Eagle Ford Shale, Powder River Basin, Utica Shale (Ohio), and South Texas Dorado gas play. The company is known for its 'premium well' strategy, drilling only locations that meet strict return criteria. EOG also has operations in Trinidad.

    Headquarters Location

    Houston, TX

    Key Specialties & Capabilities

    Eagle Ford ShaleDelaware BasinPremium DrillingHorizontal DrillingTechnical InnovationCapital Discipline

    Frequently Asked Questions About EOG Resources

    Is EOG Resources related to Enron?▾
    EOG Resources was originally Enron Oil & Gas Company but was spun off and renamed in 1999, before Enron's infamous collapse. EOG has operated independently and successfully since then.
    What makes EOG Resources different?▾
    EOG is known for its decentralized culture, technical innovation in horizontal drilling, and 'premium well' strategy where it only drills locations meeting strict return criteria.
    Where is EOG Resources headquartered?▾
    EOG Resources is headquartered in Houston, Texas.
    What does EOG Resources do in Houston?▾
    EOG Resources is a upstream company based in Houston, TX. EOG Resources is one of the largest independent E&P companies in the US, known for its technical innovation and premium drilling locations, headquartered in Houston.
    Where is EOG Resources headquartered?▾
    EOG Resources is headquartered in Houston, TX, founded in 1999 (heritage from Enron Oil & Gas). The company operates in Houston's energy corridor as part of the upstream sector.

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