EOG · 10-Q · 2026Q2 · Full report

Upstream Production Volume

EOG RESOURCES INC · 2026-08-04 · Importance 53 · Surprise 48 · In source text

EOG’s total crude oil equivalent production increased 25% year over year to 1,410.4 MBoed in the second quarter of 2026 and increased 26% to 1,397.2 MBoed for the first six months. In the first half, U.S. crude oil and condensate production increased 9% to 546.3 MBbld, NGL production increased 36% to 339.5 MBbld, and natural gas deliveries increased 42% to 3,055 MMcfd. Production growth was primarily driven by the Utica, with additional NGL and natural gas growth from the Permian Basin. EOG also commenced crude oil production in the UAE during June 2026.

Key facts

• Relative to 2025, full-year total crude oil and condensate, NGLs and natural gas production for 2026 is expected to increase by approximately 14%. source
• Relative to 2025, full-year oil production for 2026 is expected to increase by approximately 5%. source
• Total crude oil equivalent volumes for Q2 2026 were 1,410.4 MBoed (128.3 MMBoe for the quarter) compared to 1,134.1 MBoed (103.2 MMBoe) for Q2 2025. source
• United States natural gas volumes for Q2 2026 were 2,784 MMcfd compared to 1,977 MMcfd for Q2 2025. source
• United States crude oil and condensate volumes for Q2 2026 were 546.2 MBbld compared to 503.1 MBbld for Q2 2025. source
• On a volumetric basis using 1 barrel = 6 Mcf, crude oil and condensate and NGLs accounted for approximately 66% of United States production during the first six months of 2026 and 70% during the first six months of 2025. source
• Important factors include the accuracy of reserve estimates, which by their nature involve the exercise of professional judgment and may therefore be imprecise. source
• Important factors include the extent to which EOG's third-party-operated crude oil and natural gas properties are operated successfully, economically and in compliance with applicable laws and regulations. source

Impact estimates