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Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2020
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 March 31, 2020 and December 31, 2019 (in thousands):
 
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, 2020
 

 
 

 
 

 
 

Financial Assets: (1)
 

 
 

 
 

 
 

Crude Oil Swaps
$

 
$
898,090

 
$

 
$
898,090

Crude Oil Basis Swaps

 
888

 

 
888

Crude Oil Roll Differential Swaps

 
7,255

 

 
7,255

Natural Gas Liquids Swaps

 
30,822

 

 
30,822

Natural Gas Collars

 
3,678

 

 
3,678

Financial Liabilities:
 
 
 
 
 
 
 
Crude Oil Basis Swaps
$

 
$
93

 
$

 
$
93

Natural Gas Basis Swaps

 
7,712

 

 
7,712

 
 
 
 
 
 
 
 
At December 31, 2019
 
 
 
 
 
 
 
Financial Assets: (1)
 
 
 
 
 
 
 
Natural Gas Liquids Swaps
$

 
$
3,401

 
$

 
$
3,401

Natural Gas Basis Swaps

 
970

 

 
970

Financial Liabilities: (2)
 
 
 
 
 
 
 
Crude Oil Swaps
$

 
$
23,266

 
$

 
$
23,266