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Fair Value Measurements (Tables)
 12 Months Ended
Dec. 31, 2014
Fair Value Disclosures [Abstract]  
Fair Value Assets and Liabilities Measured On Recurring Basis
The following table provides fair value measurement information within the fair value hierarchy for certain of EOG's financial assets and liabilities carried at fair value on a recurring basis at December 31, 2014 and 2013 (in millions):
 
Fair Value Measurements Using:
 
Quoted
Prices in
Active
Markets
(Level 1)
 
Significant
Other
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
 
Total
At December 31, 2014
 
 
 
 
 
 
 
Financial Assets:
 
 
 
 
 
 
 
Natural Gas Options/Swaptions
$
—

 
$
100

 
$
—

 
$
100

Crude Oil Swaps
—

 
121

 
—

 
121

Crude Oil Options/Swaptions
—

 
244

 
—

 
244

 
 
 
 
 
 
 
 
At December 31, 2013
 

 
 

 
 

 
 

Financial Assets:
 

 
 

 
 

 
 

Natural Gas Options/Swaptions
$
—

 
$
8

 
$
—

 
$
8

Financial Liabilities:
 

 
 

 
 

 
 

Crude Oil Swaps
$
—

 
$
17

 
$
—

 
$
17

Crude Oil Options/Swaptions
—

 
110

 
—

 
110

Foreign Currency Rate Swap
—

 
40

 
—

 
40

Interest Rate Swap
—

 
1

 
—

 
1