EXHIBIT 12

EOG RESOURCES, INC.
Computation of Ratio of Earnings to Fixed Charges and to
Combined Fixed Charges and to Preferred Stock Dividends
(In Thousands)
(Unaudited)

Year Ended December 31			2012		2011		2010		2009		2008

EARNINGS AVAILABLE FOR FIXED CHARGES:
Net Income		$	570,279	$	1,091,123	$	160,654	$	546,627	$	2,436,919
Less:	Capitalized Interest		(49,702)		(57,741)		(76,300)		(54,919)		(42,628)
Add:	Fixed Charges		323,965		315,702		237,590		181,426		117,568
Income Tax Provision			710,461		818,676		247,322		325,384		1,309,620
TOTAL EARNINGS AVAILABLE FOR FIXED CHARGES		$	1,555,003	$	2,167,760	$	569,266	$	998,518	$	3,821,479


FIXED CHARGES:
Interest Expense		$	205,789	$	197,572	$	125,073	$	97,751	$	49,899
Capitalized Interest			49,702		57,741		76,300		54,919		42,628
Capitalized Expense Related to Indebtedness			7,763		12,791		4,513		3,150		1,759
Rental Expense Representative of Interest Factor			60,711		47,598		31,704		25,606		23,282
TOTAL FIXED CHARGES			323,965		315,702		237,590		181,426		117,568
Preferred Stock Dividends on a Pre-tax Basis			-		-		-		-		681

COMBINED TOTAL FIXED CHARGES AND PREFERRED STOCK DIVIDENDS		$	323,965	$	315,702	$	237,590	$	181,426	$	118,249

RATIO OF EARNINGS TO FIXED CHARGES			4.80		6.87		2.40		5.50		32.50

RATIO OF EARNINGS TO COMBINED FIXED CHARGES AND PREFERRED STOCK DIVIDENDS			4.80		6.87		2.40		5.50		32.32