Acquisitions and Divestitures

6 Months Ended

Jun. 30, 2025

Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]

Acquisitions and Divestitures

Acquisitions and Divestitures

During the six months ended June 30, 2025, EOG purchased proved properties adjacent to its core acreage in the Eagle Ford play for $269 million. This transaction closed in April 2025.

During the six months ended June 30, 2024, EOG paid cash of $134 million, primarily to acquire a gathering system in South Texas. Additionally, during the six months ended June 30, 2024, EOG recognized net gains on asset dispositions of $46 million and received proceeds of $19 million, primarily due to lease exchanges and dispositions in the Delaware Basin and the Eagle Ford, as well as the sale of certain other assets.