Exploratory Well Costs (Tables)

6 Months Ended

Jun. 30, 2023

Capitalized Exploratory Well Costs [Abstract]

Schedule of Net Changes in Capitalized Exploratory Well Costs

EOG's net changes in capitalized exploratory well costs for the six-month period ended June 30, 2023, are presented below (in millions):

	Six Months Ended June 30, 2023
Balance at January 1	$	15
Additions Pending the Determination of Proved Reserves	57
Reclassifications to Proved Properties	(14)
Costs Charged to Expense	(1)
Balance at June 30	$	57

Schedule of Aging of Capitalized Exploratory Well Costs

	Six Months Ended June 30, 2023
Capitalized exploratory well costs that have been capitalized for a period of one year or less	$	56
Capitalized exploratory well costs that have been capitalized for a period greater than one year (1)	1
Balance at June 30	$	57
Number of exploratory wells that have been capitalized for a period greater than one year	1

(1)Consists of costs related to a project in the United States at June 30, 2023.