XML 86 R64.htm IDEA: XBRL DOCUMENT v3.10.0.1
Oil and Gas Exploration and Production Industries Disclosures, Results Of Operations (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Results of Operations for Oil and Gas Producing Activities, by Geographic Area [Line Items]      
Crude Oil and Condensate, Natural Gas Liquids and Natural Gas Revenues [1] $ 11,946,487 $ 7,907,891 $ 5,496,743
Other [1] 89,635 81,610 81,403
Total [1] 12,036,122 7,989,501 5,578,146
Exploration Costs [1] 148,999 145,342 124,953
Dry Hole Costs [1] 5,405 4,609 10,657
Transportation Costs [1] 746,876 740,352 764,106
Gathering and Processing Costs 436,973 [1],[2] 148,775 122,901
Production Costs [1] 2,028,083 1,562,210 1,254,013
Impairments [1] 347,021 479,240 620,267
Depreciation, Depletion and Amortization [1] 3,320,276 3,296,766 3,437,284
Income (Loss) Before Income Taxes [1] 5,002,489 1,760,982 (633,134)
Income Tax Provision (Benefit) [1] 1,100,145 649,102 (226,413)
Results of Operations [1] 3,902,344 1,111,880 (406,721)
United States      
Results of Operations for Oil and Gas Producing Activities, by Geographic Area [Line Items]      
Crude Oil and Condensate, Natural Gas Liquids and Natural Gas Revenues [1] 11,488,620 7,570,768 5,177,989
Other [1] 89,708 81,610 81,386
Total [1] 11,578,328 7,652,378 5,259,375
Exploration Costs [1] 121,572 113,334 115,990
Dry Hole Costs [1] 4,983 91 10,529
Transportation Costs [1] 742,792 737,403 753,791
Gathering and Processing Costs [1],[2] 404,471    
Production Costs [1] 1,924,504 1,446,333 1,163,827
Impairments [1] 344,595 477,223 611,297
Depreciation, Depletion and Amortization [1] 3,181,801 3,157,056 3,249,792
Income (Loss) Before Income Taxes [1] 4,853,610 1,720,938 (645,851)
Income Tax Provision (Benefit) [1] 1,086,077 625,562 (230,377)
Results of Operations [1] 3,767,533 1,095,376 (415,474)
Trinidad      
Results of Operations for Oil and Gas Producing Activities, by Geographic Area [Line Items]      
Crude Oil and Condensate, Natural Gas Liquids and Natural Gas Revenues [1] 302,112 284,673 243,708
Other [1] (49) 59 (8)
Total [1] 302,063 284,732 243,700
Exploration Costs [1] 21,402 26,245 2,647
Dry Hole Costs [1] 0 0 0
Transportation Costs [1] 3,236 1,885 1,181
Gathering and Processing Costs [1],[2] 0    
Production Costs [1] 33,506 27,839 27,113
Impairments [1] 0 0 7,773
Depreciation, Depletion and Amortization [1] 91,788 115,174 145,440
Income (Loss) Before Income Taxes [1] 152,131 113,589 59,546
Income Tax Provision (Benefit) [1] 12,170 24,882 5,526
Results of Operations [1] 139,961 88,707 54,020
Other International      
Results of Operations for Oil and Gas Producing Activities, by Geographic Area [Line Items]      
Crude Oil and Condensate, Natural Gas Liquids and Natural Gas Revenues [1],[3] 155,755 52,450 75,046
Other [1],[3] (24) (59) 25
Total [1],[3] 155,731 52,391 75,071
Exploration Costs [1],[3] 6,025 5,763 6,316
Dry Hole Costs [1],[3] 422 4,518 128
Transportation Costs [1],[3] 848 1,064 9,134
Gathering and Processing Costs [1],[2],[3] 32,502    
Production Costs [1],[3] 70,073 88,038 63,073
Impairments [1],[3] 2,426 2,017 1,197
Depreciation, Depletion and Amortization [1],[3] 46,687 24,536 42,052
Income (Loss) Before Income Taxes [1],[3] (3,252) (73,545) (46,829)
Income Tax Provision (Benefit) [1],[3] 1,898 (1,342) (1,562)
Results of Operations [1],[3] $ (5,150) $ (72,203) $ (45,267)
[1] Excludes gains or losses on the mark-to-market of financial commodity derivative contracts, gains or losses on sales of reserves and related assets, interest charges and general corporate expenses for each of the three years in the period ended December 31, 2018.
[2] Effective January 1, 2018, EOG adopted the provisions of Accounting Standards Update (ASU) 2014-09, "Revenue From Contracts With Customers" (ASU 2014-09). In connection with the adoption of ASU 2014-09, EOG presents natural gas processing fees relating to certain processing and marketing agreements within its United States segment as Gathering and Processing Costs instead of as a deduction to Natural Gas Revenues. There was no impact to operating income or net income resulting from changes to the presentation of natural gas processing fees (see Note 1 to Consolidated Financial Statements).
[3] Other International primarily consists of EOG's United Kingdom, China, Canada and Argentina operations. The United Kingdom operations were sold in the fourth quarter of 2018. The Argentina operations were sold in the third quarter of 2016.