EOG · 10-Q · 2026Q2 · Full report

Geographic Market Commentary

EOG RESOURCES INC · 2026-08-04 · Importance 26 · Surprise 24

The United States remains EOG’s core operating market, with major producing areas in New Mexico, Texas and Ohio and drilling concentrated in the Delaware Basin, Utica and Eagle Ford. Trinidad continues to supply natural gas under contracts with the National Gas Company of Trinidad and Tobago and sells crude oil and condensate to Heritage Petroleum and BP Trinidad and Tobago. EOG completed its Mento Field drilling program in Trinidad and continued construction of the Coconut offshore platform. Internationally, EOG began crude oil production in the UAE in June 2026 and continues exploration programs in Bahrain and the UAE.

Key facts

• EOG's primary producing areas in the United States are in New Mexico, Texas and Ohio, and drilling and completion activities in Q1-Q2 2026 occurred primarily in the Delaware Basin, the Utica and the Eagle Ford play. source
• Important factors include the availability, cost, terms and timing of issuance or execution of mineral licenses, concessions and leases and governmental and other permits and rights-of-way, and EOG's ability to retain mineral licenses, concessions and leases. source
• Important factors include laws and regulations affecting the leasing of acreage and permitting for oil and gas drilling and the calculation of royalty payments in respect of oil and gas production. source
• Important factors include competition in the oil and gas exploration and production industry for the acquisition of licenses, concessions, leases and properties. source