Business Segment Information (Tables)

12 Months Ended

Dec. 31, 2020

Schedule of Segment Reporting Information, by Segment [Table Text Block]

Financial information by reportable segment is presented below as of and for the years ended December 31, 2020, 2019 and 2018 (in thousands):


	United States		Trinidad		Other International (1)		Total
2020
Crude Oil and Condensate	$	5,773,582	$	10,723	$	1,304	$	5,785,609
Natural Gas Liquids	667,514		—		—		667,514
Natural Gas	614,002		168,967		54,164		837,133
Gains on Mark-to-Market Commodity Derivative Contracts	1,144,737		—		—		1,144,737
Gathering, Processing and Marketing	2,581,493		1,491		—		2,582,984
Gains (Losses) on Asset Dispositions, Net	(47,018)		(44)		179		(46,883)
Other, Net	60,989		(35)		—		60,954
Operating Revenues and Other (2)	10,795,299		181,102		55,647		11,032,048
Depreciation, Depletion and Amortization	3,323,800		60,629		15,924		3,400,353
Operating Income (Loss) (3)	(545,566)		74,801		(73,251)		(544,016)
Interest Income	10,783		922		34		11,739
Other Income (Expense)	153		(2,129)		465		(1,511)
Net Interest Expense	205,266		—		—		205,266
Income (Loss) Before Income Taxes	(739,896)		73,594		(72,752)		(739,054)
Income Tax Provision (Benefit)	(156,834)		14,568		7,784		(134,482)
Additions to Oil and Gas Properties, Excluding Dry Hole Costs	3,316,724		83,173		41,961		3,441,858
Total Property, Plant and Equipment, Net	28,283,027		210,278		105,322		28,598,627
Total Assets	35,047,485		546,120		210,996		35,804,601


2019
Crude Oil and Condensate	$	9,599,125	$	11,138	$	2,269	$	9,612,532
Natural Gas Liquids	784,818		—		—		784,818
Natural Gas	866,911		258,819		58,365		1,184,095
Gains on Mark-to-Market Commodity Derivative Contracts	180,275		—		—		180,275
Gathering, Processing and Marketing	5,355,463		4,819		—		5,360,282
Gains (Losses) on Asset Dispositions, Net	131,446		(3,688)		(4,145)		123,613
Other, Net	134,325		18		15		134,358
Operating Revenues and Other (4)	17,052,363		271,106		56,504		17,379,973
Depreciation, Depletion and Amortization	3,652,294		79,389		18,021		3,749,704
Operating Income (Loss)	3,618,907		112,790		(32,686)		3,699,011
Interest Income	22,122		3,686		218		26,026
Other Income	3,235		727		1,397		5,359
Net Interest Expense	192,587		—		(7,458)		185,129
Income (Loss) Before Income Taxes	3,451,677		117,203		(23,613)		3,545,267
Income Tax Provision	760,881		40,901		8,575		810,357
Additions to Oil and Gas Properties, Excluding Dry Hole Costs	6,208,394		53,325		12,233		6,273,952
Total Property, Plant and Equipment, Net	30,101,857		184,606		78,132		30,364,595
Total Assets	36,274,942		705,747		143,919		37,124,608


	United States		Trinidad		Other International (1)		Total
2018
Crude Oil and Condensate	$	9,390,244	$	17,059	$	110,137	$	9,517,440
Natural Gas Liquids	1,127,510		—		—		1,127,510
Natural Gas	970,866		285,053		45,618		1,301,537
Loses on Mark-to-Market Commodity Derivative Contracts	(165,640)		—		—		(165,640)
Gathering, Processing and Marketing	5,227,051		3,304		—		5,230,355
Gains on Asset Dispositions, Net	154,852		4,493		15,217		174,562
Other, Net	89,708		(49)		(24)		89,635
Operating Revenues and Other (5)	16,794,591		309,860		170,948		17,275,399
Depreciation, Depletion and Amortization	3,296,499		91,971		46,938		3,435,408
Operating Income (Loss)	4,334,364		147,240		(12,258)		4,469,346
Interest Income	9,326		1,612		608		11,546
Other Income (Expense)	9,580		2,436		(6,858)		5,158
Net Interest Expense	253,352		—		(8,300)		245,052
Income (Loss) Before Income Taxes	4,099,918		151,288		(10,208)		4,240,998
Income Tax Provision	765,986		54,272		1,700		821,958
Additions to Oil and Gas Properties, Excluding Dry Hole Costs	6,155,874		1,618		37,838		6,195,330
Total Property, Plant and Equipment, Net	27,786,086		210,183		79,250		28,075,519
Total Assets	33,178,733		629,633		126,108		33,934,474

(1)Other International primarily consists of EOG's United Kingdom, China and Canada operations. EOG began an exploration program in Oman in the third quarter of 2020. The United Kingdom operations were sold in the fourth quarter of 2018.

(2)EOG had sales activity with three significant purchasers in 2020, each totaling $1.1 billion of consolidated Operating Revenues and Other in the United States segment.

(3)EOG recorded pretax impairment charges of $1,570 million in 2020 for proved oil and gas properties, leasehold costs and other assets due to the decline in commodity prices and revisions of asset retirement obligations for certain properties in the United States segment. In addition, EOG recorded pretax impairment charges of $228 million in 2020 for owned and leased sand and crude-by-rail assets, also in the United States segment. EOG recorded pretax impairment charges of $81 million in 2020 for proved oil and gas properties and firm commitment contracts related to its decision to exit the Horn River Basin in British Columbia, Canada, in the Other International segment. See Notes 13 and 14.

(4)EOG had sales activity with two significant purchasers in 2019, one totaling $2.4 billion and the other totaling $2.2 billion of consolidated Operating Revenues and Other in the United States segment.

(5)EOG had sales activity with two significant purchasers in 2018, one totaling $2.6 billion and the other totaling $2.3 billion of consolidated Operating Revenues and Other in the United States segment.