EOG Resources (FRA:EO5) Net Developed Acreage # : 0.00 (As of . 20)

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What is EOG Resources Net Developed Acreage #?

Net Developed Acreage # reflects the number of acres which are allocated or assignable to producing wells or wells capable of production.

The historical rank and industry rank for EOG Resources's Net Developed Acreage # or its related term are showing as below:

FRA:EO5's Net Developed Acreage # is not ranked ^*
in the Oil & Gas industry.
Industry Median:
* Ranked among companies with meaningful Net Developed Acreage # only.

EOG Resources Net Developed Acreage # Historical Data

The historical data trend for EOG Resources's Net Developed Acreage # can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

EOG Resources Net Developed Acreage # Chart

EOG Resources (FRA:EO5) Net Developed Acreage # Explanation

Net Developed Acreage # is the amount of leased real estate that a petroleum and/or natural gas company holds, pertaining to a company's true working interest. If a company holds the entire working interest for a particular project, its net acreage and gross acreage will be the same.

Net acres can be construed as a measure of a company's potential for revenue, and increases or decreases in the figure are indicators of expansion or contraction. It can be calculated on a per project basis by multiplying the gross acres with the percentage of ownership.

EOG Resources Net Developed Acreage # Related Terms

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EOG Resources (FRA:EO5) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » EOG Resources Inc (FRA:EO5) » Definitions » Net Developed Acreage #

Comparable Companies

Traded in Other Exchanges

EOG:USA EOG:Mexico E1OG34:Brazil EOGR:Austria

Address

1111 Bagby, Sky Lobby 2, Houston, TX, USA, 77002

Website

https://www.eogresources.com

EOG Resources is an oil and gas producer with acreage in several U.S. shale plays, including the Permian Basin, the Eagle Ford, and the Bakken. At the end of 2022, it reported net proved reserves of 4.2 billion barrels of oil equivalent. Net production averaged 908 thousand barrels of oil equivalent per day in 2022 at a ratio of 73% oil and natural gas liquids and 27% natural gas.

EOG Resources (FRA:EO5) Headlines

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