EXHIBIT 12

EOG RESOURCES, INC.

Computation of Ratio of Earnings to Fixed Charges and

Combined Fixed Charges and to Preferred Stock Dividends

(In Thousands)

(Unaudited)

Year Ended December 31		2010			2009			2008			2007			2006
EARNINGS AVAILABLE FOR
FIXED CHARGES:
Net Income		$	160,654		$	546,627		$	2,436,919		$	1,089,918		$	1,299,885
Less:	Capitalized Interest Expense		(76,300	)		(54,919	)		(42,628	)		(29,324	)		(19,900	)
Add:	Fixed Charges		237,590			181,426			117,568			96,228			80,050
Income Tax Provision			247,322			325,384			1,309,620			540,950			612,756
TOTAL EARNINGS AVAILABLE FOR FIXED    CHARGES		$	569,266		$	998,518		$	3,821,479		$	1,697,772		$	1,972,791
FIXED CHARGES:
Interest Expense		$	125,073		$	97,751		$	49,899		$	45,628		$	43,158
Capitalized Interest			76,300			54,919			42,628			29,324			19,900
Capitalized Expense Related to Indebtedness			4,513			3,150			1,759			1,150			1,655
Rental Expense Representative of Interest Factor			31,704			25,606			23,282			20,126			15,337
TOTAL FIXED CHARGES			237,590			181,426			117,568			96,228			80,050
Preferred Stock Dividends on a Pre-tax Basis			-			-			681			9,970			16,179
COMBINED TOTAL FIXED CHARGES AND
PREFERRED STOCK DIVIDENDS		$	237,590		$	181,426		$	118,249		$	106,198		$	96,229
RATIO OF EARNINGS TO
FIXED CHARGES			2.40			5.50			32.50			17.64			24.64
RATIO OF EARNINGS TO COMBINED FIXED
CHARGES AND PREFERRED STOCK
DIVIDENDS			2.40			5.50			32.32			15.99			20.50