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Acquisitions and Divestitures
3 Months Ended
Mar. 31, 2023
Discontinued Operations and Disposal Groups [Abstract]  
Acquisitions and Divestitures Acquisitions and Divestitures
During the three months ended March 31, 2023, EOG paid cash of $135 million, primarily to acquire a gathering and processing system in the Powder River Basin. Additionally, during the three months ended March 31, 2023, EOG recognized net gains on asset dispositions of $69 million and received proceeds of $92 million, primarily due to the sale of EOG's equity interest in ammonia plant investments in Trinidad, along with certain legacy assets in the Texas Panhandle.

During the three months ended March 31, 2022, EOG recognized net gains on asset dispositions of $25 million and received proceeds of $121 million primarily due to the sale of certain legacy natural gas assets in the Rocky Mountain area.