EOG · 10-Q · 2026Q3 · Full report

Acquisition / Partnership / Divestiture

EOG RESOURCES INC · 2026-11-05 · Importance 34 · Surprise 42

EOG agreed in July 2026 to sell its entire interest and related fixed assets in the Barnett Shale for $220 million, subject to customary closing adjustments; the sale closed on September 15, 2026. In September 2026, it agreed to sell its entire interest and related fixed assets in the Woodford Oil Window for $180 million, subject to customary closing adjustments; that sale closed on October 19, 2026. Combined production attributable to the two interests in the quarter ended September 30, 2026, was approximately 16 MBoed, including approximately 2 MBbld of crude oil and condensate.

Key facts

• EOG entered into a purchase and sale agreement in July 2026 to sell its entire Barnett Shale interest and related fixed assets for $220 million, subject to customary closing adjustments; the sale closed September 15, 2026. source
• EOG entered into a purchase and sale agreement in September 2026 to sell its entire Woodford Oil Window interest and related fixed assets for $180 million, subject to customary closing adjustments; the sale closed October 19, 2026. source
• EOG may fail to realize the anticipated benefits of its acquisition of Encino, or the acquisition may cause business disruptions, including integration issues and management distraction. source
• EOG's ability to integrate acquired oil and gas properties and accurately estimate their reserves, production, and costs is a risk factor. source
• EOG's success in completing planned asset dispositions is uncertain. source