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Business Segment Information
12 Months Ended
Dec. 31, 2014
Segment Reporting [Abstract]  
Business Segment Information
11.  Business Segment Information

EOG's operations are all crude oil and natural gas exploration and production related. The Segment Reporting Topic of the ASC establishes standards for reporting information about operating segments in annual financial statements.  Operating segments are defined as components of an enterprise about which separate financial information is available and evaluated regularly by the chief operating decision maker, or decision-making group, in deciding how to allocate resources and in assessing performance.  EOG's chief operating decision-making process is informal and involves the Chairman of the Board and Chief Executive Officer and other key officers.  This group routinely reviews and makes operating decisions related to significant issues associated with each of EOG's major producing areas in the United States, Canada, Trinidad, the United Kingdom and China.  For segment reporting purposes, the chief operating decision maker considers the major United States producing areas to be one operating segment.

Financial information by reportable segment is presented below as of and for the years ended December 31, 2014, 2013 and 2012 (in thousands):
 
United
States
 
Canada
 
Trinidad
 
Other
International (1)
 
Total
2014
 
 
 
 
 
 
 
 
 
Crude Oil and Condensate
$
9,526,149

 
$
184,420

 
$
29,604

 
$
2,307

 
$
9,742,480

Natural Gas Liquids
924,454

 
9,597

 

 

 
934,051

Natural Gas
1,321,175

 
96,274

 
483,071

 
15,866

 
1,916,386

Gains on Mark-to-Market Commodity Derivative Contracts
834,273

 

 

 

 
834,273

Gathering, Processing and Marketing
4,040,024

 
228

 
6,064

 

 
4,046,316

Gains on Asset Dispositions, Net
96,339

 
411,251

 

 

 
507,590

Other, Net
49,950

 
4,257

 
37

 

 
54,244

Net Operating Revenues (2)
16,792,364

 
706,027

 
518,776

 
18,173

 
18,035,340

Depreciation, Depletion and Amortization
3,684,943

 
105,274

 
188,592

 
18,232

 
3,997,041

Operating Income (Loss)
5,074,911

 
360,114

 
277,471

 
(470,673
)
 
5,241,823

Interest Income
849

 
847

 
253

 
290

 
2,239

Other Income (Expense)
(14,953
)
 
(19,719
)
 
8,712

 
(21,329
)
 
(47,289
)
Net Interest Expense
269,166

 
(20,681
)
 

 
(47,027
)
 
201,458

Income (Loss) Before Income Taxes
4,791,641

 
361,923

 
286,436

 
(444,685
)
 
4,995,315

Income Tax Provision
1,837,185

 
80,807

 
98,559

 
63,277

 
2,079,828

Additions to Oil and Gas Properties, Excluding Dry Hole Costs
7,133,727

 
76,642

 
76,138

 
184,670

 
7,471,177

Total Property, Plant and Equipment, Net
28,391,741

 
33,635

 
382,719

 
364,549

 
29,172,644

Total Assets
32,871,398

 
182,250

 
865,674

 
843,365

 
34,762,687

 
United
States
 
Canada
 
Trinidad
 
Other
International (1)
 
Total
2013
 
 
 
 
 
 
 
 
 
Crude Oil and Condensate
$
8,035,358

 
$
221,999

 
$
40,379

 
$
2,911

 
$
8,300,647

Natural Gas Liquids
761,535

 
12,435

 

 

 
773,970

Natural Gas
1,100,808

 
85,446

 
477,103

 
17,672

 
1,681,029

Losses on Mark-to-Market Commodity Derivative Contracts
(166,349
)
 

 

 

 
(166,349
)
Gathering, Processing and Marketing
3,636,209

 
1,476

 
6,064

 

 
3,643,749

Gains on Asset Dispositions, Net
93,876

 
102,570

 
1,119

 

 
197,565

Other, Net
51,713

 
4,770

 
24

 

 
56,507

Net Operating Revenues (3)
13,513,150

 
428,696

 
524,689

 
20,583

 
14,487,118

Depreciation, Depletion and Amortization
3,223,596

 
180,836

 
181,990

 
14,554

 
3,600,976

Operating Income (Loss)
3,543,841

 
(45,214
)
 
266,329

 
(89,745
)
 
3,675,211

Interest Income
2,803

 
2,076

 
336

 
370

 
5,585

Other Income (Expense)
(29,696
)
 
7,707

 
9,889

 
3,650

 
(8,450
)
Net Interest Expense
283,209

 
(4,204
)
 

 
(43,545
)
 
235,460

Income (Loss) Before Income Taxes
3,233,739

 
(31,227
)
 
276,554

 
(42,180
)
 
3,436,886

Income Tax Provision (Benefit)
1,161,328

 
598

 
118,270

 
(40,419
)
 
1,239,777

Additions to Oil and Gas Properties, Excluding Dry Hole Costs
6,133,894

 
137,920

 
132,984

 
217,638

 
6,622,436

Total Property, Plant and Equipment, Net
24,456,383

 
602,333

 
476,174

 
613,946

 
26,148,836

Total Assets
27,668,713

 
880,765

 
986,796

 
1,037,964

 
30,574,238

2012
 

 
 

 
 

 
 

 
 

Crude Oil and Condensate
$
5,383,612

 
$
221,556

 
$
50,708

 
$
3,561

 
$
5,659,437

Natural Gas Liquids
713,497

 
13,680

 

 

 
727,177

Natural Gas
951,463

 
86,361

 
514,322

 
19,616

 
1,571,762

Gains on Mark-to-Market Commodity Derivative Contracts
393,744

 

 

 

 
393,744

Gathering, Processing and Marketing
3,091,281

 

 
5,413

 

 
3,096,694

Gains on Asset Dispositions, Net
166,201

 
26,459

 

 

 
192,660

Other, Net
40,780

 
367

 
15

 

 
41,162

Net Operating Revenues (4)
10,740,578

 
348,423

 
570,458

 
23,177

 
11,682,636

Depreciation, Depletion and Amortization
2,780,563

 
223,689

 
147,062

 
18,389

 
3,169,703

Operating Income (Loss)
2,233,911

 
(1,065,434
)
 
371,876

 
(60,556
)
 
1,479,797

Interest Income
8,343

 
123

 
125

 
180

 
8,771

Other Income (Expense)
(12,455
)
 
(8,689
)
 
20,482

 
6,386

 
5,724

Net Interest Expense
242,138

 
6,589

 
238

 
(35,413
)
 
213,552

Income (Loss) Before Income Taxes
1,987,661

 
(1,080,589
)
 
392,245

 
(18,577
)
 
1,280,740

Income Tax Provision (Benefit)
707,401

 
(134,745
)
 
140,468

 
(2,663
)
 
710,461

Additions to Oil and Gas Properties, Excluding Dry Hole Costs
6,198,267

 
302,851

 
49,376

 
169,852

 
6,720,346

Total Property, Plant and Equipment, Net
21,560,998

 
877,996

 
535,405

 
363,282

 
23,337,681

Total Assets
24,523,072

 
1,202,031

 
1,012,727

 
598,748

 
27,336,578

 
(1)
Other International primarily consists of EOG's United Kingdom, China and Argentina operations.
(2)
EOG had sales activity with two significant purchasers in 2014, one totaling $4.0 billion and the other totaling $3.0 billion of consolidated Net Operating Revenues in the United States segment.
(3)
EOG had sales activity with two significant purchasers in 2013, one totaling $3.9 billion and the other totaling $2.0 billion of consolidated Net Operating Revenues in the United States segment.
(4)
EOG had sales activity with a single significant purchaser in 2012 that totaled $2.2 billion of consolidated Net Operating Revenues in the United States segment.