EOG Resources Inc is an American energy company, which was formed following a separation from Enron Corp in 1999.
The Texas-based energy firm produces, develops, markets and explores natural gas and crude oil. The company has operations at some of the world’s prominent basins located in China, the United States, Canada, Trinidad, the United Kingdom, and various other international locations.
The American firm operates under the oil and gas industry and claims to be the largest energy company in the United States. The publicly listed firm’s stock trade on NYSE with the ‘EOG’ as ticker quote.
The energy company claims to focus on disciplined organic growth and high returns for its investors through premium drilling programs.
In addition, it claims to focus on low-emission and low-cost producing assets with opportunities for strong cash flow and sustainable growing dividend.
The American oil and gas company also utilizes advanced technologies like core analysis, 3D seismic and micro seismic for the development of its proprietary petro-physical models to help in precision horizontal targeting.
EOG Resources Inc prioritizes drilling and exploration of various internally generated prospects. It aims to provide cost effective natural gas and crude oil to the customers. The company’s major energy reserves are situated across the United States.
The American firm has production and exploration and licenses in offshore Trinidad, including Banyan and Pelican fields, the SE Coast Consortium Block, Pelican and Banyan Fields, Mento, deep Teak, Ska, Sercan Area and Poui areas.
The energy resources company owns and operates in approximately 47,000 acres NE Britiis Columbia’s Horn River area.
The company claims to provide several development program and training programs for its global staff.
The energy company operates through Yates Petroleum Corporation, Big Sky Raches Inc, EOG Resources Trinidad Ltd, Pecan Pipeline Co, EOG resources Muscat SPC, EOG Canada, EOG Resources China
Limited, Online Energy solutions, EOS Resource International Inc, etc.