Divestitures

6 Months Ended

Jun. 30, 2016

Discontinued Operations and Disposal Groups [Abstract]

Divestitures [Text Block]

Divestitures

During the first six months of 2016, EOG received proceeds of approximately $253 million primarily from sales of producing properties and acreage in the Permian Basin and Oklahoma. Additionally, in the second quarter of 2016, EOG signed purchase and sale agreements for the sale of certain properties in the United States. At June 30, 2016, the book value of these assets held for sale and the related liabilities were $92 million and $23 million, respectively. During the first six months of 2015, EOG received proceeds of approximately $116 million primarily from the sales of gathering and processing assets.