Risk Management Activities (Tables)

6 Months Ended

Jun. 30, 2026

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments

Presented below is a comprehensive summary of EOG's financial commodity derivative contracts settled during the six-month period ended June 30, 2026 (closed) and outstanding as of June 30, 2026. Natural gas volumes are presented in million British thermal units per day (MMBtud) and prices are presented in dollars per million British Thermal Units ($/MMBtu). NGL volumes are presented in thousand barrels per day (MBbld) and prices are presented in dollars per barrel ($/Bbl).

Natural Gas Financial Price Swap Contracts
		Contracts Sold
Period	Settlement Index	Volume (MMBtud in thousands)	Weighted Average Price ($/MMBtu)
January - June 2026 (closed)	NYMEX Henry Hub	460	$	3.78
July 2026 (closed)	NYMEX Henry Hub	450	3.79
August - December 2026	NYMEX Henry Hub	450	3.79

Natural Gas Collar Contracts
		Contracts Sold
			Weighted Average Price  ($/MMBtu)
Period	Settlement Index	Volume (MMBtud in thousands)	Ceiling Price		Floor Price
January - June 2026 (closed)	NYMEX Henry Hub	80	$	4.28	$	3.72
July 2026 (closed)	NYMEX Henry Hub	70	4.23		3.71
August - December 2026	NYMEX Henry Hub	70	4.23		3.71
January - December 2027	NYMEX Henry Hub	120	4.41		3.42

Ethane Financial Price Swap Contracts
		Contracts Sold
Period	Settlement Index	Volume (MBbld)	Weighted Average Price ($/Bbl)
January - June 2026 (closed)	Mont Belvieu Ethane (non-Tet)	11	$	10.94
July - December 2026	Mont Belvieu Ethane (non-Tet)	11	10.94

Propane Financial Price Swap Contracts
		Contracts Sold
Period	Settlement Index	Volume (MBbld)	Weighted Average Price ($/Bbl)
January - June 2026 (closed)	Mont Belvieu Propane (Tet)	1	$	30.24
July - December 2026	Mont Belvieu Propane (Tet)	1	30.24

Schedule of Outstanding Financial Commodity and Other Derivative Instruments

The following table sets forth the amounts and classification of EOG's outstanding financial commodity and other derivative instruments at June 30, 2026 and December 31, 2025. Certain amounts may be presented on a net basis on the Condensed Consolidated Financial Statements when such amounts are with the same counterparty and subject to a master netting arrangement (in millions):

		Fair Value at
Description	Location on Balance Sheet	June 30, 2026		December 31, 2025
Asset Derivatives
NGLs and natural gas financial derivative contracts -
Current Portion	Other Current Assets	$	46	$	18
Noncurrent Portion	Other Assets	3		—
Brent Crude Oil (Brent) Linked Gas Sales Contract -
Current Portion	Other Current Assets	14		—
Noncurrent Portion	Other Assets	147		31
Liability Derivatives
NGLs and natural gas financial derivative contracts -
Noncurrent Portion	Other Liabilities	$	—	$	2