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Fair Value Measurements (Tables)
 9 Months Ended
Sep. 30, 2014
Fair Value Disclosures [Abstract]  
Fair Value Assets and Liabilities Measured On Recurring Basis
The following table provides fair value measurement information within the fair value hierarchy for certain of EOG's financial assets and liabilities carried at fair value on a recurring basis at September 30, 2014 and December 31, 2013 (in millions):
 
Fair Value Measurements Using:
 
Quoted
Prices in
Active
Markets
(Level 1)
 
Significant
Other
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
 
Total
At September 30, 2014
 
 
 
 
 
 
 
Financial Assets
 
 
 
 
 
 
 
Natural Gas Options/Swaptions
$
—

 
$
32

 
$
—

 
$
32

Crude Oil Swaps
—

 
84

 
—

 
84

Crude Oil Options/Swaptions
—

 
23

 
—

 
23

 
 
 
 
 
 
 
 
At December 31, 2013
 

 
 

 
 

 
 

Financial Assets
 

 
 

 
 

 
 

Natural Gas Options/Swaptions
$
—

 
$
8

 
$
—

 
$
8

 
 
 
 
 
 
 
 
Financial Liabilities
 

 
 

 
 

 
 

Crude Oil Swaps
$
—

 
$
17

 
$
—

 
$
17

Crude Oil Options/Swaptions
—

 
110

 
—

 
110

Foreign Currency Rate Swap
—

 
40

 
—

 
40

Interest Rate Swap
—

 
1

 
—

 
1