Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2015

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 March 31, 2015 and December 31, 2014 (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 March 31, 2015
Financial Assets
Natural Gas Options/Swaptions	$	—	$	86	$	—	$	86
Crude Oil Swaps	—		103		—		103
Crude Oil Options/Swaptions	—		141		—		141

At December 31, 2014
Financial Assets
Natural Gas Options/Swaptions	$	—	$	100	$	—	$	100
Crude Oil Swaps	—		121		—		121
Crude Oil Options/Swaptions	—		244		—		244