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Stock-Based Compensation (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Stock Options/SARs and Employee Stock Purchase Plan (ESPP) Disclosures [Line Items]        
Stock-Based Compensation Expenses $ 54,670 $ 49,001 $ 132,323 $ 116,290
Common Shares Available for Grant 7,700,000   7,700,000  
Unrecognized compensation expense [1] $ 100,500   $ 100,500  
Weighted average period over which unrecognized compensation expense will be recognized (in years)     2 years 2 months 12 days  
Stock Options and SARs        
Stock Options/SARs and Employee Stock Purchase Plan (ESPP) Disclosures [Line Items]        
Stock-based compensation expense related to stock options, SAR and ESPP grants $ 20,400 $ 21,700 $ 47,800 $ 45,400
Weighted Average Fair Values And Valuation Assumptions Used To Value Stock Option/SARs, ESPP, and Performance Units/Stock Stock-Based Compensation [Abstract]        
Weighted Average Fair Value of Grants (price per share)     $ 19.49 $ 33.49
Expected Volatility (in hundredths)     32.01% 28.22%
Risk-Free Interest Rate (in hundredths)     1.69% 2.68%
Dividend Yield (in hundredths)     1.39% 0.72%
Expected Life (in years)     5 years 1 month 6 days 5 years
Stock Options and SARs Rollforward [Abstract]        
Outstanding at January 1 (in shares)     8,310,000 9,103,000
Granted (in shares)     1,946,000 1,884,000
Exercised (1) (in shares) [1]     (586,000) (2,144,000)
Forfeited (in shares)     (200,000) (167,000)
Outstanding at September 30 (2) (in shares) [2] 9,470,000 8,676,000 9,470,000 8,676,000
Stock Options and SARs Vested or Expected to Vest (3) (in shares) [3] 9,127,000 8,316,000 9,127,000 8,316,000
Stock Options and SARs Exercisable at September 30 (4) (in shares) [4] 5,307,000 4,202,000 5,307,000 4,202,000
Intrinsic Value of Stock Options/SARs Exercised [1]     $ 13,300 $ 103,700
Weighted Average Remaining Contractual Life for Stock Options/SARs Outstanding (in years)     4 years 6 months 4 years 9 months 18 days
Intrinsic Value of Stock Options/SARs Vested or Expected to Vest [1] $ 4,800 $ 261,900 $ 4,800 $ 261,900
Weighted average remaining contractual life for stock options/SARs vested or expected to vest (in years)     4 years 6 months 4 years 8 months 12 days
Aggregate Intrinsic Value for Exercisable Units [1] 4,700 175,500 $ 4,700 $ 175,500
Weighted average remaining contractual life for exercisable options/SARs (in years)     3 years 3 months 18 days 3 years 4 months 24 days
Weighted Average Grant Price Stock Option and SARs [Rollforward]        
Intrinsic Value of Stock Options/SARs Outstanding [1] $ 4,800 $ 269,100 $ 4,800 $ 269,100
Outstanding at January 1 (price per share)     $ 96.90 $ 83.89
Granted (price per share)     75.43 126.65
Exercised (1) (price per share) [1]     61.19 69.62
Forfeited (price per share)     104.89 91.89
Outstanding at September 30 (2) (price per share) [2] $ 94.53 $ 96.55 94.53 96.55
Vested or Expected to Vest (3) (price per share) [3] 94.51 96.08 94.51 96.08
Exercisable at September 30 (4) (price per share) [4] $ 94.08 $ 85.80 94.08 85.80
ESPP        
Weighted Average Fair Values And Valuation Assumptions Used To Value Stock Option/SARs, ESPP, and Performance Units/Stock Stock-Based Compensation [Abstract]        
Weighted Average Fair Value of Grants (price per share)     $ 22.83 $ 25.52
Expected Volatility (in hundredths)     34.83% 24.36%
Risk-Free Interest Rate (in hundredths)     2.28% 1.86%
Dividend Yield (in hundredths)     1.04% 0.64%
Expected Life (in years)     15 days 15 days
Restricted Stock And Restricted Stock Units        
Stock Options/SARs and Employee Stock Purchase Plan (ESPP) Disclosures [Line Items]        
Unrecognized compensation expense [1] $ 227,500   $ 227,500  
Weighted average period over which unrecognized compensation expense will be recognized (in years)     2 years  
Intrinsic value released during the year [1]     $ 61,200 $ 80,200
Aggregate intrinsic value of stock and units outstanding [1] 345,800 $ 489,700 345,800 489,700
Restricted Stock/Restricted Stock Units [Roll Forward]        
Share-Based Compensation Arrangement By Restricted Stock And Restricted Stock Units Compensation Cost [1] $ 24,700 $ 17,500 $ 71,100 $ 58,800
Outstanding at January 1 (in shares)     3,792,000 3,905,000
Granted (in shares)     1,728,000 792,000
Released (1) (in shares) [5]     (732,000) (708,000)
Forfeited (in shares)     (129,000) (150,000)
Outstanding at September 30 (2) (in shares) [6] 4,659,000 3,839,000 4,659,000 3,839,000
Weighted Average Grant Price Restricted Stock and Restricted Stock Units [Roll Forward]        
Outstanding at January 1 (price per share)     $ 96.64 $ 88.57
Granted (price per share)     80.12 117.67
Released (1) (price per share) [5]     97.51 77.46
Forfeited (price per share)     97.81 91.36
Outstanding at September 30 (2) (price per share) [6] $ 90.34 $ 96.52 $ 90.34 $ 96.52
Performance Unit        
Stock Options/SARs and Employee Stock Purchase Plan (ESPP) Disclosures [Line Items]        
Stock-Based Compensation Expenses [1] $ 9,600 $ 9,800 $ 13,400 $ 12,100
Unrecognized compensation expense 10,100   $ 10,100  
Weighted average period over which unrecognized compensation expense will be recognized (in years)     2 years 2 months 12 days  
Intrinsic value released during the year [1]     $ 15,400 17,700
Aggregate intrinsic value of stock and units outstanding $ 44,400 $ 68,000 $ 44,400 $ 68,000
Restricted Stock/Restricted Stock Units [Roll Forward]        
Outstanding at January 1 (in shares)     539 502
Granted (in shares)     172 107
Granted for Performance Multiple (1) [7]     72 72
Released (1) (in shares)     185 148
Forfeited (in shares)     0 0
Outstanding at September 30 (2) (in shares) [8] 598 [9] 533 598 [9] 533
Weighted Average Grant Price Restricted Stock and Restricted Stock Units [Roll Forward]        
Outstanding at January 1 (price per share)     $ 101.53 $ 90.96
Granted (price per share)     75.09 127.00
Granted for Performance Multiple (1) (in dollars per share) [7]     69.43 101.87
Released (1) (price per share)     94.63 84.43
Forfeited (price per share)     0 0
Outstanding at September 30 (2) (price per share) [8] $ 92.19 $ 101.50 $ 92.19 $ 101.50
Performance Units and Performance Stock Disclosures [Abstract]        
Performance Period for Performance Units and Shares 3 years      
Minimum Performance Multiple at the Completion of the Performance Period 0.00%      
Maximum Performance Multiple at the Completion of the Performance Period 200.00%   200.00%  
Minimum Performance Units and Stock Allowed to be Outstanding     102,000  
Maximum Performance Units and Stock Allowed to be Outstanding     1,094,000  
Lease and Well        
Stock Options/SARs and Employee Stock Purchase Plan (ESPP) Disclosures [Line Items]        
Stock-Based Compensation Expenses $ 13,300 $ 12,900 $ 40,600 $ 37,100
Gathering and Processing Costs        
Stock Options/SARs and Employee Stock Purchase Plan (ESPP) Disclosures [Line Items]        
Stock-Based Compensation Expenses 300 100 800 300
Exploration Costs        
Stock Options/SARs and Employee Stock Purchase Plan (ESPP) Disclosures [Line Items]        
Stock-Based Compensation Expenses 5,200 5,800 18,100 18,400
General and Administrative        
Stock Options/SARs and Employee Stock Purchase Plan (ESPP) Disclosures [Line Items]        
Stock-Based Compensation Expenses $ 35,900 $ 30,200 $ 72,800 $ 60,500
[1]
The total intrinsic value of stock options/SARs exercised during the nine months ended September 30, 2019 and 2018 was $13.3 million and $103.7 million, respectively. The intrinsic value is based upon the difference between the market price of EOG's common stock on the date of exercise and the grant price of the stock options/SARs.
[2]
The total intrinsic value of stock options/SARs outstanding at September 30, 2019 and 2018 was $4.8 million and $269.1 million, respectively. At September 30, 2019 and 2018, the weighted average remaining contractual life was 4.5 years and 4.8 years, respectively.
[3]
The total intrinsic value of stock options/SARs vested or expected to vest at September 30, 2019 and 2018 was $4.8 million and $261.9 million, respectively. At September 30, 2019 and 2018, the weighted average remaining contractual life was 4.5 years and 4.7 years, respectively.
[4]
The total intrinsic value of stock options/SARs exercisable at September 30, 2019 and 2018 was $4.7 million and $175.5 million, respectively. At September 30, 2019 and 2018, the weighted average remaining contractual life was 3.3 years and 3.4 years, respectively.
[5]
The total intrinsic value of restricted stock and restricted stock units released during the nine months ended September 30, 2019 and 2018 was $61.2 million and $80.2 million, respectively. The intrinsic value is based upon the closing price of EOG's common stock on the date the restricted stock and restricted stock units are released.
[6]
The total intrinsic value of restricted stock and restricted stock units outstanding at September 30, 2019 and 2018 was $345.8 million and $489.7 million, respectively.
[7]
Upon completion of the Performance Period for the performance units granted in 2015 and 2014, a performance multiple of 200% was applied to each of the grants resulting in additional grants of performance units in February 2019 and February 2018, respectively.
[8]
The total intrinsic value of performance units outstanding at September 30, 2019 and 2018 was approximately $44.4 million and $68.0 million, respectively.
[9]
The total intrinsic value of performance units released during the nine months ended September 30, 2019 and 2018, was $15.4 million and $17.7 million, respectively. The intrinsic value is based upon the closing price of EOG's common stock on the date the performance units are released.