On the Record · EOG Resources
EOG Resources acquisitions, on the record
The businesses EOG Resources bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
WA-488-P BlockWord for word“In April 2021, a subsidiary of EOG entered into a purchase and sale agreement to acquire a 100% interest in the WA-488-P Block, located offshore Western Australia.” 10-K for 2023 | agreed acquisition | April 2021 | — |
China operationsWord for word“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.” 10-K for 2023 | divestiture | second quarter of 2021 | — |
primarily producing properties in the Rocky Mountain areaWord for word“Additionally, in the fourth quarter of 2021, EOG signed a purchase and sale agreement for the sale of primarily producing properties in the Rocky Mountain area.” 10-K for 2023 | agreed divestiture | in the fourth quarter of 2021 | — |
a gathering and processing system in the Powder River BasinWord for word“(4) Other property, plant and equipment in 2023 included $134 million related to the acquisition of a gathering and processing system in the Powder River Basin.” 10-K for 2023 | acquisition | in 2023 | — |
WA-488-P Block, offshore Western AustraliaWord for word“In April 2021, a subsidiary of EOG entered into a purchase and sale agreement to acquire a 100% interest in the WA-488-P Block, located offshore Western Australia.” 10-K for 2024 | agreed acquisition | In April 2021 | — |
gathering and processing system in South TexasWord for word“(5) Other property, plant and equipment included $137 million related to the acquisition of a gathering and processing system in South Texas and $134 million related to the acquisition of a gathering and processing system in the Powder River Basin in 2024 and 2023, respectively.” 10-K for 2024 | acquisition | 2024 | $137 million |
gathering and processing system in the Powder River BasinWord for word“(5) Other property, plant and equipment included $137 million related to the acquisition of a gathering and processing system in South Texas and $134 million related to the acquisition of a gathering and processing system in the Powder River Basin in 2024 and 2023, respectively.” 10-K for 2024 | acquisition | 2023 | $134 million |
gathering system in South Texas, as well as producing properties in the UticaWord for word“16. Acquisitions and Divestitures During 2024, EOG paid cash for property acquisitions of $ 146 million, primarily to acquire a gathering system in South Texas, as well as producing properties in the Utica.” 10-K for 2024 | acquisition | During 2024 | $ 146 million |
lease exchanges and dispositions in the Delaware Basin and the Eagle FordWord for word“Additionally during 2024, EOG recognized net gains on asset dispositions of $ 16 million and received proceeds of $ 23 million primarily due to lease exchanges and dispositions in the Delaware Basin and the Eagle Ford as well as the sale of certain other assets.” 10-K for 2024 | divestiture | During 2024 | $ 23 million |
Encino Acquisition Partners, LLCWord for word“On August 1, 2025, EOG completed its acquisition of Encino Acquisition Partners, LLC (Encino) for $5.7 billion, inclusive of Encino's net debt.” 10-K for 2025 | acquisition | August 1, 2025 | $5.7 billion |
entire interest and related fixed assets in the northern Midland BasinWord for word“In January 2026, EOG signed a purchase and sale agreement for the sale of its entire interest and related fixed assets in the northern Midland Basin for $165 million, subject to customary closing adjustments.” 10-K for 2025 | divestiture | — | $165 million |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) |
|---|---|
| 2016-12-31 | −$54.5 million |
| 2017-12-31 | $0 |
| 2018-12-31 | $0 |
| 2023-12-31 | $0 |
| 2024-12-31 | $0 |
| 2025-12-31 | $4.45 billion |
Deal filings since 2016
- 2025-12-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-11-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-08-01 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2025-07-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-06-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-06-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-11-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-06-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-04-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-04-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-07-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-10-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-09-09 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-01-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-01-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from EOG Resources’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-24. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.