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Pay vs Performance Disclosure
 3 Months Ended 9 Months Ended 12 Months Ended
Dec. 31, 2021
Sep. 30, 2021
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Pay vs Performance Disclosure            
Pay vs Performance Disclosure, Table    
Pay-Versus-Performance
Disclosure
 
As required by Section 953(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act and Item 402(v) of SEC Regulation
S-K,
we are providing the following information about the relationship between “compensation actually paid” to our CEO and to our
non-CEO
NEOs and certain financial performance of the company. Compensation actually paid, as determined under SEC requirements, does not reflect the actual amount of compensation earned by, or paid to, our NEOs during a covered year. For further information regarding the Company’s
pay-versus-performance
philosophy and how the Company aligns executive compensation with the Company’s performance, refer to the “Compensation Discussion and Analysis” section above. For purposes of the below tables and related disclosures, “CEO 1” refers to William R. Thomas (our CEO in 2020 and in 2021, until his retirement effective September 30, 2021) and “CEO 2” refers to Ezra Y. Yacob (our CEO in 2021, beginning effective October 1, 2021, and in 2022 and 2023).
 
                                       
Value of Initial Fixed
$100 Investment
Based On:
            
Year
  
Summary
Compensation
Table Total
for CEO 1
(a)
    
Summary
Compensation
Table Total
for CEO 2
(b)
    
Compensation
Actually Paid
to CEO 1
(c)
    
Compensation
Actually Paid
to CEO 2
(d)
    
Average
Summary
Compensation
Table Total
for
Non-CEO
NEOs
(e)
    
Average
Compensation
Actually Paid to
Non-CEO
NEOs
(f)
    
TSR
    
Peer Group
TSR
(g)
  
Net
Income/
(Loss)
(in
millions)
    
ROCE*
(h)
  
2023
     n/a       $14,558,772       n/a     $ 11,497,316       $5,462,270       $3,490,889     $ 177.90     $191.57     $7,594       27.5 % 
2022
     n/a       $12,641,202       n/a     $ 18,973,135       $5,102,832       $8,514,455     $ 181.58     $191.50     $7,759       35.8 % 
2021
   $ 8,602,291       $9,752,887       $23,431,751       $13,893,824       $4,687,403       $8,701,274     $ 115.74     $120.82     $4,664       23.0 % 
2020
   $ 7,891,608       n/a       ($ 4,041,765 )      n/a       $2,845,816       ($  121,066 )    $ 61.36     $ 64.58     ($  605 )      4.3 % 
 
(a)
Amounts represent the total compensation reported for Mr. Thomas in the Summary Compensation Table for his service as CEO in 2021 (until his retirement effective September 30, 2021) and 2020.
 
(b)
Amounts represent the total compensation reported for Mr. Yacob in the Summary Compensation Table for his service as CEO in 2021 (effective October 1, 2021), 2022 and 2023.
 
(c)
Amounts reported in this column are based on total compensation reported for Mr. Thomas in the Summary Compensation Table for the indicated fiscal years and adjusted as shown in the table below. Fair value of equity awards was computed in accordance with the Company’s methodology used for financial reporting purposes.
 
Year
  
Summary
Compensation
Table Total
for CEO 1
    
Reported
Fair Value
of Equity
Awards for
CEO 1
    
Year-end
Fair Value
of Equity
Awards for
CEO 1
    
Change in Fair
Value of Equity
Awards Granted
in Prior Years
that Vested in the
Year for CEO 1
    
Fair Value as of
Vesting Date of
Equity Awards
Granted and
Vested in the
Year for CEO 1
    
Change in Fair
Value of
Outstanding
and Unvested
Equity Awards
Granted in Prior
Years for
CEO 1
    
Value of
Dividends on
Stock Awards
not Otherwise
Reflected in
Fair Value or
Total
Compensation
for CEO 1
    
Compensation
Actually Paid
to CEO 1
  
2021
   $ 8,602,291     ($ 7,333,472 )    $ 8,017,992       $4,630,537     $ 0       $7,737,761     $ 1,776,642       $23,431,751  
2020
   $ 7,891,608     ($ 4,942,636 )    $ 6,707,579       ($5,987,853 )    $ 62,729       ($8,142,161 )    $ 368,969       ($ 4,041,765 ) 
 
(d)
Amount reported in this column are based on total compensation reported for Mr. Yacob in the Summary Compensation Table for the indicated fiscal years and adjusted as shown in the table below. Fair value of equity awards was computed in accordance with the Company’s methodology used for financial reporting purposes.
 
Year
  
Summary
Compensation
Table Total
for CEO 2
    
Reported
Fair Value
of Equity
Awards for
CEO 2
    
Year-end
Fair Value
of Equity
Awards for
CEO 2
    
Change in Fair
Value of Equity
Awards Granted
in Prior Years
that Vested in the
Year for CEO 2
    
Fair Value as of
Vesting Date of
Equity Awards
Granted and
Vested in the
Year for CEO 2
  
Change in Fair
Value of
Outstanding
and Unvested
Equity Awards
Granted in Prior
Years for CEO 2
    
Value of
Dividends on
Stock Awards
not Otherwise
Reflected in
Fair Value or
Total
Compensation
for CEO 2
    
Compensation
Actually Paid
to CEO 2
  
2023
   $ 14,558,772     ($ 10,496,402 )    $ 9,354,948     ($  213,821 )    $0   ($  2,898,126 )    $ 1,191,945     $ 11,497,316  
2022
   $ 12,641,202     ($ 9,648,992 )    $ 11,043,313      $ 477,897     $0    $ 3,293,410     $ 1,166,305     $ 18,973,135  
2021
   $ 9,752,887     ($ 7,619,121 )    $ 8,968,784      $ 476,234     $0    $ 1,761,385     $ 553,655     $ 13,893,824  
 
(e)
Amounts represent the average of the total compensation reported in the Summary Compensation Table above for our NEOs, other than Mr. Yacob, for 2023, 2022 and 2021. For 2020, amount represents the average of the total compensation reported in the Summary Compensation Table above for Messrs. Helms, Driggers, Donaldson and Yacob.
 
(f)
Amounts reported in this column are based on the average of the total compensation reported for our
Non-CEO
NEOs in the Summary Compensation Table for the indicated fiscal years and adjusted as shown in the table below. Fair value of equity awards was computed in accordance with the Company’s methodology used for financial reporting purposes.
 
Year
  
Average
Summary
Compensation
Table Total
for
Non-CEO
NEOs
    
Average
Reported
Fair Value
of Equity
Awards for
Non-CEO
NEOs
    
Average
Year-end
Fair Value
of Equity
Awards for
Non-CEO
NEOs
    
Average
Change in Fair
Value of Equity
Awards Granted
in Prior Years
that Vested in the
Year for
Non-CEO
NEOs
    
Average Fair
Value as of
Vesting Date of
Equity Awards
Granted and
Vested in the
Year for
Non-CEO
NEOs
  
Change in Fair
Value of
Outstanding
and Unvested
Equity Awards
Granted in Prior
Years for
Non-CEO
NEOs
    
Value of
Dividends on
Stock Awards
not Otherwise
Reflected in
Fair Value or
Total
Compensation
for Non-CEO
NEOs
  
Compensation
Actually Paid
to
Non-CEO
NEOs
  
2023
   $ 5,462,270     ($ 3,552,664 )    $ 3,183,563       ($  173,626 )    $15,814     ($1,966,469 )    $  522,001     $3,490,889  
2022
   $ 5,102,832     ($ 3,316,756 )    $ 3,776,582       $  478,320     $22,132     $1,416,111     $1,035,234     $8,514,455  
2021
   $ 4,687,403     ($ 2,974,474 )    $ 3,280,170       $  869,193     $ 9,753     $2,276,453     $  552,776     $8,701,274  
2020
   $ 2,845,816     ($ 1,397,584 )    $ 1,905,612       ($1,477,633 )    $ 6,113     ($2,128,753 )    $  125,363     ($  121,066 ) 
 
(g)
Value represents the TSR of the Standard & Poor’s 500 Oil & Gas Exploration & Production Index (“S&P O&G E&P”) based on an initial $100 investment, measured on a cumulative basis from the market close on December 31, 2019, through and including the December 31 of each respective year. TSR calculations reflect reinvestment of dividends. The S&P O&G E&P is the peer group used by EOG for purposes of Item 201(e) of Regulation
S-K
under the Exchange Act in EOG’s Annual Report on Form
10-K
for the year ended December 31, 2023.
 
(h)
ROCE* has been identified as our company-selected measure as it is the most important financial measure used to link compensation actually paid to our NEOs to company performance for the most recently completed fiscal year. ROCE* is a heavily weighted performance metric under our short-term incentive plan (i.e., in the determination of annual bonuses) and was added as a performance modifier for the performance units awarded under our long-term incentive plan in September 2022. Refer to Annex A for the calculation of ROCE for each of the years 2023, 2022, 2021 and 2020.
     
Company Selected Measure Name     ROCE      
Named Executive Officers, Footnote     NEOs, other than Mr. Yacob, for 2023, 2022 and 2021. For 2020, amount represents the average of the total compensation reported in the Summary Compensation Table above for Messrs. Helms, Driggers, Donaldson and Yacob.      
Peer Group Issuers, Footnote     Value represents the TSR of the Standard & Poor’s 500 Oil & Gas Exploration & Production Index (“S&P O&G E&P”) based on an initial $100 investment, measured on a cumulative basis from the market close on December 31, 2019, through and including the December 31 of each respective year. TSR calculations reflect reinvestment of dividends. The S&P O&G E&P is the peer group used by EOG for purposes of Item 201(e) of Regulation
S-K
under the Exchange Act in EOG’s Annual Report on Form
10-K
for the year ended December 31, 2023. 		     
Adjustment To PEO Compensation, Footnote    
(c)
Amounts reported in this column are based on total compensation reported for Mr. Thomas in the Summary Compensation Table for the indicated fiscal years and adjusted as shown in the table below. Fair value of equity awards was computed in accordance with the Company’s methodology used for financial reporting purposes.
 
Year
  
Summary
Compensation
Table Total
for CEO 1
    
Reported
Fair Value
of Equity
Awards for
CEO 1
    
Year-end
Fair Value
of Equity
Awards for
CEO 1
    
Change in Fair
Value of Equity
Awards Granted
in Prior Years
that Vested in the
Year for CEO 1
    
Fair Value as of
Vesting Date of
Equity Awards
Granted and
Vested in the
Year for CEO 1
    
Change in Fair
Value of
Outstanding
and Unvested
Equity Awards
Granted in Prior
Years for
CEO 1
    
Value of
Dividends on
Stock Awards
not Otherwise
Reflected in
Fair Value or
Total
Compensation
for CEO 1
    
Compensation
Actually Paid
to CEO 1
  
2021
   $ 8,602,291     ($ 7,333,472 )    $ 8,017,992       $4,630,537     $ 0       $7,737,761     $ 1,776,642       $23,431,751  
2020
   $ 7,891,608     ($ 4,942,636 )    $ 6,707,579       ($5,987,853 )    $ 62,729       ($8,142,161 )    $ 368,969       ($ 4,041,765 ) 
 
(d)
Amount reported in this column are based on total compensation reported for Mr. Yacob in the Summary Compensation Table for the indicated fiscal years and adjusted as shown in the table below. Fair value of equity awards was computed in accordance with the Company’s methodology used for financial reporting purposes.
 
Year
  
Summary
Compensation
Table Total
for CEO 2
    
Reported
Fair Value
of Equity
Awards for
CEO 2
    
Year-end
Fair Value
of Equity
Awards for
CEO 2
    
Change in Fair
Value of Equity
Awards Granted
in Prior Years
that Vested in the
Year for CEO 2
    
Fair Value as of
Vesting Date of
Equity Awards
Granted and
Vested in the
Year for CEO 2
  
Change in Fair
Value of
Outstanding
and Unvested
Equity Awards
Granted in Prior
Years for CEO 2
    
Value of
Dividends on
Stock Awards
not Otherwise
Reflected in
Fair Value or
Total
Compensation
for CEO 2
    
Compensation
Actually Paid
to CEO 2
  
2023
   $ 14,558,772     ($ 10,496,402 )    $ 9,354,948     ($  213,821 )    $0   ($  2,898,126 )    $ 1,191,945     $ 11,497,316  
2022
   $ 12,641,202     ($ 9,648,992 )    $ 11,043,313      $ 477,897     $0    $ 3,293,410     $ 1,166,305     $ 18,973,135  
2021
   $ 9,752,887     ($ 7,619,121 )    $ 8,968,784      $ 476,234     $0    $ 1,761,385     $ 553,655     $ 13,893,824  
      
Non-PEO NEO Average Total Compensation Amount     $ 5,462,270 $ 5,102,832 $ 4,687,403 $ 2,845,816
Non-PEO NEO Average Compensation Actually Paid Amount     $ 3,490,889 8,514,455 8,701,274 (121,066)
Adjustment to Non-PEO NEO Compensation Footnote    
(f)
Amounts reported in this column are based on the average of the total compensation reported for our
Non-CEO
NEOs in the Summary Compensation Table for the indicated fiscal years and adjusted as shown in the table below. Fair value of equity awards was computed in accordance with the Company’s methodology used for financial reporting purposes.
 
Year
  
Average
Summary
Compensation
Table Total
for
Non-CEO
NEOs
    
Average
Reported
Fair Value
of Equity
Awards for
Non-CEO
NEOs
    
Average
Year-end
Fair Value
of Equity
Awards for
Non-CEO
NEOs
    
Average
Change in Fair
Value of Equity
Awards Granted
in Prior Years
that Vested in the
Year for
Non-CEO
NEOs
    
Average Fair
Value as of
Vesting Date of
Equity Awards
Granted and
Vested in the
Year for
Non-CEO
NEOs
  
Change in Fair
Value of
Outstanding
and Unvested
Equity Awards
Granted in Prior
Years for
Non-CEO
NEOs
    
Value of
Dividends on
Stock Awards
not Otherwise
Reflected in
Fair Value or
Total
Compensation
for Non-CEO
NEOs
  
Compensation
Actually Paid
to
Non-CEO
NEOs
  
2023
   $ 5,462,270     ($ 3,552,664 )    $ 3,183,563       ($  173,626 )    $15,814     ($1,966,469 )    $  522,001     $3,490,889  
2022
   $ 5,102,832     ($ 3,316,756 )    $ 3,776,582       $  478,320     $22,132     $1,416,111     $1,035,234     $8,514,455  
2021
   $ 4,687,403     ($ 2,974,474 )    $ 3,280,170       $  869,193     $ 9,753     $2,276,453     $  552,776     $8,701,274  
2020
   $ 2,845,816     ($ 1,397,584 )    $ 1,905,612       ($1,477,633 )    $ 6,113     ($2,128,753 )    $  125,363     ($  121,066 ) 
      
Compensation Actually Paid vs. Total Shareholder Return      
 
LOGO
     
Compensation Actually Paid vs. Net Income      
 
LOGO
     
Compensation Actually Paid vs. Company Selected Measure      
 
LOGO
     
Total Shareholder Return Vs Peer Group      
 
LOGO
     
Tabular List, Table    
The following table sets forth an unranked list of the most important financial performance measures, including the company-selected measure, used by the company to link compensation actually paid for all NEOs to company performance for 2023.
 
Financial Performance Measures
Absolute Total Stockholder Return
Relative Total Stockholder Return
Return on Capital Employed*
      
Total Shareholder Return Amount     $ 177.9 181.58 115.74 61.36
Peer Group Total Shareholder Return Amount     191.57 191.5 120.82 64.58
Net Income (Loss)     $ 7,594,000,000 $ 7,759,000,000 $ 4,664,000,000 $ (605,000,000)
Company Selected Measure Amount     0.275 0.358 0.23 0.043
Measure:: 1            
Pay vs Performance Disclosure            
Name     Absolute Total Stockholder Return      
Measure:: 2            
Pay vs Performance Disclosure            
Name     Relative Total Stockholder Return      
Measure:: 3            
Pay vs Performance Disclosure            
Name     Return on Capital Employed*      
Mr. Thomas [Member]            
Pay vs Performance Disclosure            
PEO Total Compensation Amount         $ 8,602,291 $ 7,891,608
PEO Actually Paid Compensation Amount         23,431,751 $ (4,041,765)
PEO Name   Mr. Thomas       Mr. Thomas
Mr. Yacob [Member]            
Pay vs Performance Disclosure            
PEO Total Compensation Amount     $ 14,558,772 $ 12,641,202 9,752,887  
PEO Actually Paid Compensation Amount     $ 11,497,316 $ 18,973,135 13,893,824  
PEO Name Mr. Yacob   Mr. Yacob Mr. Yacob    
PEO | Mr. Thomas [Member] | YearEnd Fair Value Of Equity Awards [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount         8,017,992 $ 6,707,579
PEO | Mr. Thomas [Member] | Change In Fair Value Of Equity Awards Granted In Prior Years That Vested In The Year [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount         4,630,537 (5,987,853)
PEO | Mr. Thomas [Member] | Fair Value as of Vesting Date of Equity Awards Granted and Vested in the Year [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount         0 62,729
PEO | Mr. Thomas [Member] | Change In Fair Value Of Outstanding And Unvested Equity Awards Granted in Prior Years [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount         7,737,761 (8,142,161)
PEO | Mr. Thomas [Member] | Value Of Dividends On Stock Awards Not Otherwise Reflected In Fair Value or Total Compensation [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount         1,776,642 368,969
PEO | Mr. Thomas [Member] | Reported Fair Value of Equity Awards for CEO 1 [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount         (7,333,472) (4,942,636)
PEO | Mr. Yacob [Member] | YearEnd Fair Value Of Equity Awards [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount     $ 9,354,948 $ 11,043,313 8,968,784  
PEO | Mr. Yacob [Member] | Change In Fair Value Of Equity Awards Granted In Prior Years That Vested In The Year [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount     (213,821) 477,897 476,234  
PEO | Mr. Yacob [Member] | Fair Value as of Vesting Date of Equity Awards Granted and Vested in the Year [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount     0 0 0  
PEO | Mr. Yacob [Member] | Change In Fair Value Of Outstanding And Unvested Equity Awards Granted in Prior Years [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount     (2,898,126) 3,293,410 1,761,385  
PEO | Mr. Yacob [Member] | Value Of Dividends On Stock Awards Not Otherwise Reflected In Fair Value or Total Compensation [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount     1,191,945 1,166,305 553,655  
PEO | Mr. Yacob [Member] | Reported Fair Value of Equity Awards for CEO 2 [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount     (10,496,402) (9,648,992) (7,619,121)  
Non-PEO NEO | YearEnd Fair Value Of Equity Awards [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount     3,183,563 3,776,582 3,280,170 1,905,612
Non-PEO NEO | Change In Fair Value Of Equity Awards Granted In Prior Years That Vested In The Year [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount     (173,626) 478,320 869,193 (1,477,633)
Non-PEO NEO | Fair Value as of Vesting Date of Equity Awards Granted and Vested in the Year [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount     15,814 22,132 9,753 6,113
Non-PEO NEO | Change In Fair Value Of Outstanding And Unvested Equity Awards Granted in Prior Years [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount     (1,966,469) 1,416,111 2,276,453 (2,128,753)
Non-PEO NEO | Value Of Dividends On Stock Awards Not Otherwise Reflected In Fair Value or Total Compensation [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount     522,001 1,035,234 552,776 125,363
Non-PEO NEO | Reported Fair Value of Equity Awards for NonCEO NEOs [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount     $ (3,552,664) $ (3,316,756) $ (2,974,474) $ (1,397,584)