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Business Segment Information
 12 Months Ended
Dec. 31, 2023
Segment Reporting [Abstract]  
Business Segment Information Business Segment Information
EOG's operations are all crude oil, NGLs and natural gas exploration and production-related. The Segment Reporting Topic of the ASC establishes standards for reporting information about operating segments in annual financial statements.  Operating segments are defined as components of an enterprise about which separate financial information is available and evaluated regularly by the chief operating decision maker, or decision-making group, in deciding how to allocate resources and in assessing performance.  EOG's chief operating decision-making process is informal and involves the Chairman of the Board and Chief Executive Officer and other key officers.  This group routinely reviews and makes operating decisions related to significant issues associated with each of EOG's major producing areas (including in the United States and in Trinidad) and its exploration programs both inside and outside the United States.  For segment reporting purposes, the chief operating decision makers consider the major United States producing areas to be one operating segment.
Financial information by reportable segment is presented below as of and for the years ended December 31, 2023, 2022 and 2021 (in millions):
United
States		Trinidad
Other
International (1)
Total
2023
Crude Oil and Condensate$13,734 $14 $— $13,748 
Natural Gas Liquids1,884 — — 1,884 
Natural Gas1,530 214 — 1,744 
Gains on Mark-to-Market Financial Commodity Derivative Contracts, Net818 — — 818 
Gathering, Processing and Marketing5,806 — — 5,806 
Gains on Asset Dispositions, Net53 42 — 95 
Other, Net91 — — 91 
Operating Revenues and Other (2)
23,916 270 — 24,186 
Depreciation, Depletion and Amortization3,414 78 — 3,492 
Operating Income (Loss) (3)
9,516 124 (37)9,603 
Interest Income223 12 5 240 
Other Income (Expense)(6)1 (1)(6)
Interest Expense, Net148 — — 148 
Income (Loss) Before Income Taxes9,585 137 (33)9,689 
Income Tax Provision2,093 2 — 2,095 
Additions to Oil and Gas Properties, Excluding Dry Hole Costs
5,413 162 4 5,579 
Total Property, Plant and Equipment, Net31,876 404 17 32,297 
Total Assets42,674 1,063 120 43,857 
2022
Crude Oil and Condensate$16,349 $18 $— $16,367 
Natural Gas Liquids2,648 — — 2,648 
Natural Gas3,489 292 — 3,781 
Losses on Mark-to-Market Financial Commodity Derivative Contracts, Net(3,982)— — (3,982)
Gathering, Processing and Marketing6,695 1 — 6,696 
Gains (Losses) on Asset Dispositions, Net77 (4)1 74 
Other, Net118 — — 118 
Operating Revenues and Other (4)
25,394 307 1 25,702 
Depreciation, Depletion and Amortization3,469 73 — 3,542 
Operating Income (Loss) (5)
9,880 122 (36)9,966 
Interest Income81 2 2 85 
Other Income (Expense)(17)46 — 29 
Interest Expense, Net179 — — 179 
Income (Loss) Before Income Taxes9,765 170 (34)9,901 
Income Tax Provision2,106 35 1 2,142 
Additions to Oil and Gas Properties, Excluding Dry Hole Costs
4,599 122 6 4,727 
Total Property, Plant and Equipment, Net29,109 307 13 29,429 
Total Assets40,349 879 143 41,371 
United
States		Trinidad
Other
International (1)
Total
2021    
Crude Oil and Condensate$11,094 $31 $— $11,125 
Natural Gas Liquids1,812 — — 1,812 
Natural Gas2,156 270 18 2,444 
Losses on Mark-to-Market Financial Commodity Derivative Contracts, Net(1,152)— — (1,152)
Gathering, Processing and Marketing4,287 1 — 4,288 
Gains (Losses) on Asset Dispositions, Net(40)(2)59 17 
Other, Net108 — — 108 
Operating Revenues and Other (6)
18,265 300 77 18,642 
Depreciation, Depletion and Amortization3,558 87 6 3,651 
Operating Income (Loss) (7)
6,013 151 (62)6,102 
Interest Income3 — — 3 
Other Income (Expense)(14)8 12 6 
Interest Expense, Net178 — — 178 
Income (Loss) Before Income Taxes5,824 159 (50)5,933 
Income Tax Provision (Benefit)1,247 66 (44)1,269 
Additions to Oil and Gas Properties, Excluding Dry Hole Costs3,557 55 5 3,617 
Total Property, Plant and Equipment, Net28,213 204 9 28,426 
Total Assets37,436 637 163 38,236 
(1)Other International primarily consists of EOG's China and Canada operations. The China operations were sold in the second quarter of 2021. EOG is continuing the process of exiting its Canada operations. EOG began exploration programs in Australia in the third quarter of 2021 and in Oman in the third quarter of 2020. The decision was reached in the fourth quarter of 2021 to exit Block 36 and Block 49 in Oman.
(2)EOG had sales activity with three significant purchasers in 2023, one totaling $3.3 billion and two others totaling $2.6 billion each of consolidated Operating Revenues and Other in the United States segment.
(3)EOG recorded pretax impairment charges of $18 million in 2023 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 Note 14.
(4)EOG had sales activity with three significant purchasers in 2022, one totaling $3.3 billion, another totaling $3.1 billion and a third totaling $3.0 billion of consolidated Operating Revenues and Other in the United States segment.
(5)EOG recorded pretax impairment charges of $15 million in 2022 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 Note 14.
(6)EOG had sales activity with two significant purchasers in 2021, one totaling $2.7 billion and the other totaling $2.6 billion of consolidated Operating Revenues and Other in the United States segment.
(7)EOG recorded pretax impairment charges of $45 million and dry hole costs of $42 million in 2021 in the Other International segment related to its decision in the fourth quarter of 2021 to exit Block 36 and Block 49 in Oman. In addition, EOG recorded net gains of asset dispositions of $58 million in 2021 in the Other International segment during the second quarter of 2021 due to the sale of its China operations. See Notes 14 and 17, respectively.