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EOG Resources EOG Dry Hole Costs
Dry Hole Costs at other companies
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Where this comes from
Reported directly by EOG Resources in its filing.
Tagged under the XBRL concept us-gaap:ResultsOfOperationsDryHoleCosts.
The source filing: EOG Resources’s 10-Q, filed May 5, 2026.
- Filed
- May 5, 2026, 4:25 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0000821189-26-000104
| Line item | Three Months Ended March 31, 2026 | Three Months Ended March 31, 2025 |
|---|---|---|
| Lease and Well | 462 | 401 |
| Gathering, Processing and Transportation Costs | 654 | 440 |
| Exploration Costs | 45 | 41 |
| Dry Hole Costs | 23 | 34 |
| Impairments | 39 | 44 |
| Marketing Costs | 1,384 | 1,325 |
| Depreciation, Depletion and Amortization | 1,193 | 1,013 |
| General and Administrative | 185 | 171 |
ITEM 1. FINANCIAL STATEMENTS
FAQ
- What is EOG Resources's dry hole costs?
- EOG Resources (EOG) reported dry hole costs of $23M in Q1 2026.
- How has EOG Resources's dry hole costs changed year-over-year?
- EOG Resources's dry hole costs decreased by 32.4% year-over-year, from $34M to $23M.
- What is the long-term trend for EOG Resources's dry hole costs?
- Over 4 years (2021 to 2025), EOG Resources's dry hole costs has grown at a -8.9% compound annual growth rate (CAGR), from $71M to $49M.
- What does dry hole costs mean?
- Dry hole costs represent the expenses incurred for drilling exploratory or development wells that do not result in the discovery of commercially viable quantities of oil or gas. These costs are expensed as incurred, directly impacting profitability.
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