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Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2016
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]  
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, 2016. There were no such amounts outstanding at December 31, 2015. Amounts shown 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, 2016
 
 
 
 
 
 
 
Financial Assets (1)
 
 
 
 
 
 
 
Crude Oil Collars
$

 
$
1

 
$

 
$
1

Natural Gas Price Swaps/Options

 
4

 

 
4


 
(1)
At September 30, 2016, $2.2 million is included in "Current Assets - Assets From Price Risk Management Activities" and $2.5 million is included in "Other Assets" on the Consolidated Balance Sheets