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EOG Embraces Double Premium Drilling Strategy

2021-05-07 20:26:43| OGI

Houston-based EOG Resources is focusing on so-called double premium wells that yield a 60% direct after-tax rate of return at $40/bbl WTI and $2.50 Henry Hub.

Tags: double premium strategy drilling

 

EOG Resources First-quarter Profit Surges as Oil Prices Rebound

2021-05-06 23:00:00| OGI

Rising oil prices have sparked optimism for EOG Resources and other shale producers after enduring a year of destruction in the oil markets, with WTI futures in the U.S gaining 23% in the first quarter.

Tags: resources prices oil profit

 
 

EOG Resources Strikes Deal for First Australian Venture

2021-04-23 18:30:00| OGI

Houston-based EOG Resources agreed to pay $22.5 million, including contingent and production-linked payments, to acquire a stake in the giant Beehive oil prospect offshore Australia.

Tags: resources deal australian venture

 

Marketed: EOG Resources Reeves County Nonop Working Interest

2021-04-20 19:15:00| OGI

HEXP Resources retained RedOaks Energy Advisors for the sale of certain nonoperated working interest properties in the Delaware Basin in Reeves County, Texas, operated by EOG Resources.

Tags: resources working interest county

 

Marketed: EOG Resources Permian Basin Packages, Eddy County, New Mexico

2021-03-30 15:30:00| OGI

EOG Resources Inc. retained EnergyNet for the sale of two nonop packages of Permian Basin properties in New Mexicos Eddy County through auctions closing April 14.

Tags: resources mexico county packages

 

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