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Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2026
Fair Value Disclosures [Abstract]  
Schedule of 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 June 30, 2026 and December 31, 2025 (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
Balance at June 30, 2026
Financial Assets:
Natural Gas Swaps$— $34 $— $34 
Natural Gas Collars— 14 — 14 
NGL Swaps— — 
Brent Linked Gas Sales Contract— — 161 161 
          
Balance at December 31, 2025
Financial Assets:
Natural Gas Swaps$— $12 $— $12 
Natural Gas Collars— — 
NGL Swaps— — 
Brent Linked Gas Sales Contract— — 31 31 
Financial Liabilities:
Natural Gas Swaps$— $$— $
Natural Gas Collars— —