Risk Management Activities (Tables)

9 Months Ended

Sep. 30, 2016

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Commodity Derivative Contracts - Crude Oil Price Swaps

Presented below is a comprehensive summary of EOG's crude oil price swap contracts for the nine months ended September 30, 2016, with notional volumes expressed in barrels per day (Bbld) and prices expressed in dollars per barrel ($/Bbl).

Crude Oil Price Swap Contracts
	Volume (Bbld)	Weighted Average Price ($/Bbl)
2016
April 12, 2016 through April 30, 2016 (closed)	90,000	$	42.30
May 1, 2016 through June 30, 2016 (closed)	128,000	42.56

Commodity Derivative Contracts - Crude Oil Collars

Presented below is a comprehensive summary of EOG's crude oil collar contracts for the nine months ended September 30, 2016, with notional volumes expressed in Bbld and prices expressed in $/Bbl.

Crude Oil Collar Contracts
		Weighted Average Price ($/Bbl)
	Volume (Bbld)	Ceiling Price		Floor Price
2016
September 2016 (closed)	70,000	$	54.25	$	45.00
October 1, 2016 through December 31, 2016	70,000	54.25		45.00

Commodity Derivative Contracts - Natural Gas Price Swaps

Presented below is a comprehensive summary of EOG's natural gas price swap contracts for the nine months ended September 30, 2016, with notional volumes expressed in million British thermal units (MMBtu) per day (MMBtud) and prices expressed in dollars per MMBtu ($/MMBtu).

Natural Gas Price Swap Contracts
	Volume (MMBtud)	Weighted Average Price ($/MMBtu)
2016
March 1, 2016 through August 31, 2016 (closed)	60,000	$	2.49
2017
March 1, 2017 through November 30, 2017	30,000	$	3.10

Commodity Derivative Contracts - Natural Gas Options

Presented below is a comprehensive summary of EOG's natural gas call and put option contracts for the nine months ended September 30, 2016, with notional volumes expressed in MMBtud and prices expressed in $/MMBtu.

Natural Gas Option Contracts
	Call Options Sold			Put Options Purchased
	Volume (MMBtud)	Weighted Average Price ($/MMBtu)		Volume (MMBtud)	Weighted Average Price ($/MMBtu)
2016
September 2016 (closed)	56,250	$	3.46	—	$	—
October 2016 (closed)	106,250	3.48		—	—
November 2016	106,250	3.48		—	—
2017
March 1, 2017 through November 30, 2017	168,750	$	3.41	135,000	$	2.90
2018
March 1, 2018 through November 30, 2018	75,000	$	3.30	60,000	$	2.90